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Asia’s richest man Mukesh Ambani to invest US$76 billion in green projects

The conglomerate led by Mukesh Ambani, Asia’s richest man, announced plans to invest US$76 billion towards clean energy projects, dwarfing an earlier commitment of US$10 billion by the world’s biggest fossil-fuel billionaire.Reliance Industries Ltd, controlled by Ambani, signed pacts with the state government of Gujarat for a total investment of 5.96 trillion rupees (US$81 billion) on Thursday. Of this, about 5 trillion rupees would be used over the next 15 years to build 100 gigawatts of… ...

The conglomerate led by Mukesh Ambani, Asia’s richest man, announced plans to invest US$76 billion towards clean energy projects, dwarfing an earlier commitment of US$10 billion by the world’s biggest fossil-fuel billionaire.Reliance Industries Ltd, controlled by Ambani, signed pacts with the state government of Gujarat for a total investment of 5.96 trillion rupees (US$81 billion) on Thursday. Of this, about 5 trillion rupees would be used over the next 15 years to build 100 gigawatts of…

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