Reliance Infra Renewable Energy Business: Reliance Group company Reliance Infrastructure is planning to expand its business portfolio with entry into the Renewable Energy Equipment Manufacturing Segment. Anil Ambani -led company has already appointed two CEOs to lead renewable manufacturing and battery renewable business. Citing industry sources, PTI writes that BSE Smallcap Listed Integrated Power Utility Company is ready to enter the field of renewable energy (RE) equipment.
For this, Reliance Group's company has already appointed Ivan Saha and Mushtaq Hussain as CEO of renewable manufacturing and battery manufacturing respectively. Saha will lead the solar manufacturing unit. They have more than 30 years of experience in semiconductor and solar technology and equipment design. He has worked in organizations like Vikram Solar and Renew Power.
Reliance Infra's integrated battery manufacturing unit will focus on developing advanced storage solutions for grid applications and electric mobility. Hussein will lead, who have more than 25 years of experience in the automotive, renewable energy, consumer electronics and power equipment sectors. He plays the roles of major leadership in major organizations like Reliance Industries Limited (RIL) and Tesla, the PTI report said.
Let you know that Reliance Power, another company led by Anil Ambani, has announced a plan to expand the Renewable Energy Production Sector. Its subsidiary company Reliance NU Energy Private Limited has appointed Mayank Bansal as CEO and Rakesh form as COO.
Reliance Power's subsidiary, Reliance Nu Santech Private Limited, has recently acquired a 930 MW solar energy project with the Battery Energy Storage System from the Solar Energy Corporation of India through the e-Review Auction.
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