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Adani, Ambani race to lead mega energy transition: Bernstein
Business Standard
|September 16, 2025
India’s top business tycoons Mukesh Ambani and Gautam Adaniare racing to turn barren salt flat lands in Gujarat’s Kutch desert into the backbone of India’s biggest green power push, with Bernstein Research dubbing it the “Reign of Kutch” in a report on Monday.
Reliance Industries Ltd (RIL) and the Adani group holds each roughly 500,000 acres in the region — enough to generate more than 100 gigawatts (Gw) of solar capacity pergroup, equivalent to the total installed power capacity of Japan. But the strategies of the two billionaires reflect their contrasting corporate game plans, the report said.
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