New Delhi, Aug. 28 -- Two of India's wealthiest tycoons have made a grand entry into renewable energy in the last few years; however, while both Gautam Adani and Mukesh Ambani have similar ambitions for the sunrise sector, their paths have often diverged.
Adani, which entered renewable energy in 2015 by forming Adani Green Energy, is now the country's largest green power producer. Through Adani New Industries Ltd (ANIL), it is also a top producer of solar cells, modules and wind turbine generators. The new energy businesses earned about Rs.25,000 crore for the Ahmedabad-based conglomerate in FY25.
Meanwhile, it was at Reliance Industries Ltd's (RIL) annual general meeting (AGM) in 2020 that Ambani declared his ambition to make the congl...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.