Billionaires Mukesh Ambani and Gautam Adani plan to build 25GW of clean energy in Andhra Pradesh

Conglomerates run by billionaires Mukesh Ambani and Gautam Adani said they will develop a combined 25 gigawatts of renewable power in Andhra Pradesh, as the fossil fuels-led groups continue to plow ahead with their green energy goals.

Reliance Industries will build 10 gigawatts of solar power in the state, Ambani, Asia’s richest person, said at an investors’ gathering Friday organized by the state. Karan Adani, chief executive officer of Adani Ports & Special Economic Zone, said his group is committed to constructing 15 gigawatts of renewables capacity across five districts over the next few years.

Neither group shared investment outlay for these projects in Andhra Pradesh.