Reliance Industries will invest Rs 1.5 lakh crore over the next 3 years, chairman Mukesh Ambani said on Thursday.
Mukesh Ambani made the announcement while addressing shareholders at the company’s 39th AGM here. The RIL chiarman also announced that the company’s telecom arm would make aggressive launches this year.
The recent discovery of gas 2 km below the currently producing gas field in KG-D6 block has the potential to significantly add to resource base, Mukesh Ambani said.
He said the company aims to begin production from Sohagpur CBM blocks in Madhya Pradesh in 2015.
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