Page 7 - சவுதி அரேபியன் எண்ணெய் நிறுவனம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

SHARE Indian tycoon Mukesh Ambani unveiled an ambitious push into clean energy involving 750 billion rupees ($10.1bn) of investment over three years, marking a new pivot for one of the world’s biggest fossil-fuel billionaires. Reliance Industries, which gets 60 per cent of its revenue from oil refining and petrochemicals, plans to spend 600 billion rupees on four “giga factories” to produce solar modules, hydrogen, fuel cells and to build a battery grid to store electricity. An additional 150bn rupees will be invested in value chain and other partnerships, Asia’s richest man told shareholders on Thursday. The move toward green by the Mumbai-based giant, which reported an annual revenue of $63bn, offers a glimpse of the new order awaiting some of the world’s major fossil-fuel producers. Global giants such as Exxon Mobil and TotalEnergies have been under pressure to pare their carbon footprint, as governments, investors and consumers join to fight climate change and global

Saudi arabiaSaudi arabianMukesh ambaniGautam adaniKranthi bathiniSunil chandiramaniNarendra modiYasir al rumayyanExxon mobilSaudi arabian oil companySoftbank groupRoyal dutch shellNyka advisory servicesAdani green energyReliance industriesBloomberg green