Reliance Industries headed by Mukesh Ambani has offered to set up a solar power plant in Haryana at an initial cost of Rs 125 crore. Reliance is already setting up two special economic zones in Gurgaon and Jhajjar districts. In a letter written to Chief Minister Bhupinder Singh Hooda, Ambani expressed his desire to set up 5 MW grid-connected solar photovoltaic power plant in Hisar district or any other suitable location. The company has chosen Hisar because it feels that the area has "one of the best possible solar insolation throughout the year in the state. He said his company would progressively expand the project. Appreciating the efforts being made by the Haryana Renewable Energy Development Agency (HAREDA) to promote solar energy, Ambani said the Reliance would like to support HAREDA initiatives. He said an investment in the solar power plant would also help in generating employment as well as in the development of the region.