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Game-Changing Alliance: Ambani s Reliance Ventures Into Adani s Power For The First Time; Acquires 26% Stake In Mahan Energen

Game-Changing Alliance: Ambani s Reliance Ventures Into Adani s Power For The First Time; Acquires 26% Stake In Mahan Energen
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Ambani, Adani collaborate for first time: Reliance picks 26% stake in Adani Power project

In the first collaboration between rival billionaires, Mukesh Ambani s Reliance Industries has picked up a 26 per cent stake in a Madhya Pradesh power project of Gautam Adani, and signed a pact to use the plants 500 MW of electricity for captive use.

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