Mukesh Ambani’s new-energy ambition is even more complex than his telecom foray, which triggered a long period of debt-fueled expansion What Asia’s richest man considers his life’s “most challenging” mission has left the stock market unconvinced, nervous — or both. In June 2021, Mukesh Ambani committed $10 billion to clean power and fuel. After India […]
Mukesh Ambani’s ambitious plan aims to make India a hydrogen hub – EQ Mag Pro
Billionaire Mukesh Ambani’s ambitious effort to pivot his conglomerate Reliance Industries Ltd. toward green energy could transform India into a clean-hydrogen juggernaut. Ambani, Asia’s richest man who’s built his fortune on fossil fuels, announced plans earlier this month to invest $75 billion in renewables infrastructure including generation plants, solar panels and electrolyzers. There is growing […]
Mukesh Ambani’s $75 billion plan aims to make India a hydrogen hub – EQ Mag Pro
A key challenge for Ambani will be to produce Hydrogen at affordable costs Mukesh Ambani’s ambitious effort to pivot his conglomerate Reliance Industries Ltd. towards green energy could transform India into a clean-hydrogen juggernaut. Ambani, Asia’s richest man who’s built his fortune on fossil fuels, announced plans earlier this month to invest $75 billion in […]
Why Mukesh Ambani’s Gigafactory For Hydrogen Could be a Game-Changer
Hydrogen can play a role in the power sector as a zero-carbon fuel, but it may have more value in industrial processes that need high heat, historically supplied by natural gas, coal, or oil. Mumbai: Asia’s richest person, Mukesh Ambani, has a $10 billion plan to scale up zero-carbon hardware in India. Reliance Industries, the […]