In a major move to guide the companys future growth Anil Ambani-led Reliance Group has launched the Reliance Group Corporate Centre (RGCC) as part of its 2030 growth strategy. The RGCC will serve as a strategic hub providing guidance to the Groups companies as they pursue new opportunities and technological advancements the conglomerate said in a statement. According to the statement Reliance Groups veteran leaders -- Sateesh Seth Punit Garg and K Raja Gopal will be part of the RGCC core team. The establishment of RGCC aims to harness the in-house expertise of these seasoned leaders to support the Groups forward-looking growth initiatives and cultivate a new generation of leadership for future project  it said. Punit Garg is the current CEO Reliance Infrastructure while K Raja Gopal -- who has over 27 years experience in the power sector-- has helmed Reliance Power for the past six years. As per the company the move aims to steer the future growth of Reliance Growth by steer the Groups future growth by tapping into the vast experience of these leaders. This will help navigate industry challenges and capitalise on new opportunities drive innovation and deliver exceptional value to our customers and stakeholders. We believe RGCC will be instrumental in shaping the next phase of our Groups success. Anil Ambanis firms become debt-free In recent developments Reliance Infrastructure Ltd and Reliance Power Ltd key entities under the Reliance Group have achieved zero bank debt status and outlined plans for expansion into new growth areas. Reliance Power has secured 1270 MW of renewable power projects in Bhutan while Reliance Infrastructure through its subsidiary Reliance Defence Ltd is setting up a manufacturing facility for small arms ammunition and explosives in Ratnagiri Maharashtra spanning 1000 acres. To support these ambitious expansion plans the companies have announced a combined fundraising effort of Rs 17600 crore. This includes Rs 4500 crore via preferential equity issues Rs 7100 crore from Varde Partners through equity-linked long-term FCCBs and ₹6000 crore via Qualified Institutional Placement (QIP) with Reliance Power and Reliance Infrastructure each targeting Rs 3000 crore it added. Reliance Power served show-cause notice Recently Anil Ambani was dealt a major setback after Indias clean energy agency SECI has slapped a show-cause notice to Reliance Power asking why criminal proceedings should not be initiated against the company and its subsidiary for submitting a fake bank guarantee. Notably the setback for Anil Ambani-led Reliance Power came days after it posted a consolidated net profit of Rs 2878.15 crore in the July-September quarter of current financial year and became debt-free. In contrast the company had reported a net loss of Rs 237.76 crore in the same quarter last year according to companys regulatory filing on Tuesday. (With PTI inputs)