India's richest men face off in race to green energy domination
India Today
Just a few days ago, Reliance Industries Limited chairman Mukesh Ambani's said the conglomerate will invest $10 billion in green energy. Reliance's renewed interest in the sector may lead to a high-profile face-off between Mukesh Ambani and Gautam Adani.
Indian tycoon Mukesh Ambani's $10 billion entry into renewable energy could drive solar tariffs further to the ground and ignite bidding wars with fellow billionaire Gautam Adani, industry analysts say. India's two richest men are vying to be at the forefront of Prime Minister Narendra Modi's ambition to ramp up green energy capacity in the world's second-most populous country more than four-fold to 450 gigawatts (GW) by 2030.More Related News