Reliance Industries will sign a memorandum of understanding with the Andhra Pradesh government for an integrated coal gasification complex.
The project will roll out over 30 years and starts with exploration and pilot testing.
Reliance project to create 40,000 jobs
This project is expected to create around 40,000 jobs, about 5,000 directly and another 35,000 indirectly.
It kicks off with a ₹3,000 crore investment for studies, followed by a much bigger phase after detailed planning.
The Andhra Pradesh Economic Development Board (APEDB) will act as the nodal facilitation agency and help make sure the plant gets what it needs, like land, water, and power, to get things moving smoothly.