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Ambani, Adani collaborate for first time: Reliance picks 26% stake in Adani Power project

In the first collaboration between rival billionaires, Mukesh Ambanis Reliance Industries has picked up a 26 per cent stake in a Madhya Pradesh power project of Gautam Adani, and signed a pact to use the plants 500 MW of electricity for captive use.
Madhya Pradesh Gautam Adani Adani Power Ltd Reliance Industries Ltd Mukesh Ambani Reliance Industries Reliance Industries

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