Ambani, Adani to turn competitors over green energy domination
Shortpedia
Content TeamImage Credit: NewsBytes
Reliance Industries Limited's renewed interest in green energy may lead to a high-profile corporate face-off between two of India's richest men: RIL's Mukesh Ambani and fellow billionaire Gautam Adani. According to industry analysts, RIL's $10 billion investment in green energy may drive down solar tariffs in India—where tariffs are already among the world's lowest—and also start a bidding war between the two billionaires.