{"id":422580,"date":"2021-06-26T08:40:17","date_gmt":"2021-06-26T03:10:17","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=422580"},"modified":"2021-06-26T09:00:15","modified_gmt":"2021-06-26T03:30:15","slug":"mukesh-ambani-and-gautam-adani-two-billionaires-one-green-ambition","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/mukesh-ambani-and-gautam-adani-two-billionaires-one-green-ambition\/","title":{"rendered":"Mukesh Ambani and Gautam Adani. Two billionaires, one green ambition"},"content":{"rendered":"<p>Mukesh Ambani\u2019s rivals should be relieved, though perhaps not too much. The petrochemicals czar has just told shareholders that he\u2019s undertaking his life\u2019s \u201cmost challenging\u201d mission by investing 750 billion rupees ($10 billion) in clean power and fuel over three years. <\/p>\n<p>It doesn\u2019t appear to be a big capital commitment from India\u2019s most powerful businessman, certainly not when he\u2019s just raised $44 billion of capital during a pandemic, and made the $180 billion balance sheet of his flagship Reliance Industries Ltd. free of net debt. <\/p>\n<p>But these are still early days for a decisive change in the energy mix of India\u2019s largely coal-fueled economy. Ambani\u2019s plans could easily turn as aggressive as his 4G telecom venture, initially dismissed by naysayers as a me-too entry into a crowded field of a dozen players.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mukesh Ambani\u2019s rivals should be relieved, though perhaps not too much. The petrochemicals czar has just told shareholders that he\u2019s undertaking his life\u2019s \u201cmost challenging\u201d mission by investing 750 billion rupees ($10 billion) in clean power and fuel over three years. It doesn\u2019t appear to be a big capital commitment from India\u2019s most powerful businessman, certainly not when he\u2019s just raised $44 billion of capital during a pandemic, and made the $180 billion balance sheet of his flagship Reliance Industries Ltd. free of net debt. But these are still early days for a decisive change in the energy mix of [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-422580","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/422580","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=422580"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/422580\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=422580"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=422580"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=422580"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}