Power pact: Ambani takes 26% in Adani's MP project
Mukesh Ambani's Reliance to buy 26% in Adani's Mahan Energen unit, sourcing 500MW. The deal ensures exclusive power arrangement for 20 years. Adani and Ambani, industry rivals, venture into a strategic power agreement with undisclosed usage plans.
Mukesh Ambani's Reliance to buy 26% in Adani's Mahan Energen unit, sourcing 500MW. The deal ensures exclusive power arrangement for 20 years. Adani and Ambani, industry rivals, venture into a strategic power agreement with undisclosed usage plans. What's Your Reaction?
