In the first collaboration between the billionaires, Mukesh Ambani's Reliance Industries has picked up a 26% stake in a Madhya Pradesh power project of Gautam Adani. Reliance will pick up 5 crore equity shares in Mahan Energen Ltd, a wholly owned subsidiary of Adani Power Ltd and will use 500 MW of generation capacity for captive use.
short by
Ankush Verma /
08:37 pm on
28 Mar