Reliance Industries Ltd (RIL) is quietly working on a plan to harness solar energy.
The segment is a new growth driver outlined by the management at an investor meet less than a month ago.
A division under the oil-to-yarn and retail conglomerate has received global safety and quality certifications for about 20 “photovoltaic (PV) modules”, or an assembly of solar cells that can convert sunlight into electricity.
A Yokohama-based testing and assessment firm TUV Rheinland Japan Ltd had said at the end of last month that the Reliance Solar Group had been successful in obtaining certification for its PV modules.
The website of Reliance Solar states that it has set up a 30MW facility for making PV modules, with the capability to make units of different ratings up to 250W.
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