Indian billionaires Ambani, Adani face off in race to solar domination
Reuters/Chennai
Photo: Reuters
Both groups are trying to improve their clean energy credentials as investors pay more attention to the environmental impact of their businesses.
Indian tycoon Mukesh Ambani s $10 billion entry into renewable energy could drive solar tariffs further to the ground 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 ramp up green energy capacity in the world s second-most populous country more than four-fold to 450 gigawatts (GW) by 2030.
Indian billionaires face off in race to solar domination
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Mukesh Ambani: Indian billionaires Mukesh Ambani and Gautam Adani face off in race to solar domination
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Indian billionaires face off in race to solar domination - Netscape Money & Business
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