Reliance Power plans to tap opportunities in wind, solar power

MUMBAI: Anil Ambani-run Reliance Power, on Tuesday said it is exploring opportunities in wind, solar and fuel cell-based power.

"We are considering the possibility of setting up a one-of-a-kind 100 MW Grid Interactive Concentrating Solar Power Plant through an exclusive relationship with a technology provider," Reliance Power Chairman, Anil Ambani, told shareholders at the company's AGM here.

The Centre has announced incentives for Grid Interactive Multi Megawatt Solar Thermal Power.

"We are evaluating techno-commercial feasibility of commercially producing reformer-based fuel cell or hydrogen technology in India," he said.

"We are currently engaged in advanced discussions with a global pioneering company on the design, development and manufacture of reformer-based fuel cells," he added.

The Reliance Anil Dhirubhai Ambani Group is setting up a 150 MW wind power in Maharashtra and plans to add 500 MW over the next three years across the country.