Following is an excerpt from a report by Reuters, UK.

Reliance Industries (RELI.BO: Quote, Profile, Research), India’s largest listed firm, plans to spend about 1 billion rupees ($25 million) building a solar power plant, the Times of India reported on Tuesday, citing unnamed sources.

The paper said work on the project in eastern state of Orissa would start during 2008/09 (April-March) and take six months to complete.