Mukesh Ambani mulls bid for India’s solar incentives in green push

Billionaire Mukesh Ambani’s Reliance Industries Ltd NSE -0.49 %. is considering a bid for India’s incentives for solar power manufacturing, as the fossil-fuels giant begins a $10 billion push into clean energy, according to people familiar with the plans.

Reliance, India’s most valuable company, attended a pre-bid meeting held last month to discuss the subsidy program, the people said, asking not to be named as the information is private.