They have mostly avoided operating in each other's space and therefore the refore the renewable energy push by Ambani's flagship Reliance Industries and the Adani group of companies are going to be the very best profile faceoff between them.
Indian tycoon Mukesh Ambani‘s $10 billion entry into renewable energy could drive solar tariffs further to the bottom 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 build up green energy capacity within the world’s second-most populous country quite four-fold to 450 gigawatts (GW) by 2030.
They have mostly avoided operating in each other’s space and therefore the renewable energy push by Ambani’s flagship Reliance Industries and the Adani group of companies are going to be the very best profile faceoff between them.
Read more at https://www.climbstreet.com/mukesh-ambani-gautam-adani-face-off-in-race-to-solar-domination/