MUKESH AMBANI VS GAUTAM ADANI : Battle of Billionaires: Battle of Green Energy

BATTLE OF GREEN ENERGY 


Gautam Adani
Gautam Adani is the head of Adani Group, Which has presence across businesses like shipping ports, Power, FMCG, Gas, airports and what not. Mr. Adani is already present in the Green Energy space, which is being said by many to provide him the first mover advantage in the industry. Now Gautam Adani is not sitting with hands in his pockets. In June 2020, Adani Green Energy Limited bagged an order of 8 GW from Solar Energy corporation of India(SECI). The transactional value of this order is $6 Billion. This order has a jaw-dropping sentiment because it is the largest solar power project in the world.  

Adani Green Energy 
Limited's share price boom is one of the greatest examples of public euphoria towards Adani's foray into the green energy business. Things were going quite a hunky dory for Adani announced to enter the green energy space. 

Mukesh Ambani 
Ambani has announced the aim to achieve the target of 100 GW by the year 2030 via renewable means. To achieve the target of 100 GW, Mukesh Ambani has also announced to invest $10 Billion in this space. 

Source : fruitfinance

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