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Mukesh Ambani to focus on green energy as scions helm other Reliance units

Reliance is seeking billions of dollars of investments in India's energy sector and has approached potential investors including Middle Eastern funds, two of the people said

Photo: Bloomberg
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Photo: Bloomberg

Anto Antony and Dinesh Nair | Bloomberg
Mukesh Ambani, the billionaire chairman of Reliance Industries Ltd., will be focusing his attention on the Indian conglomerate’s pivot to green energy, according to people familiar with the matter, after putting his children in charge of other businesses. 
 
The 65-year-old will oversee strategy, including the building of gigafactories and blue hydrogen facilities, will assess acquisition targets, and is talking to potential investors, the people said, asking not to be named as the information isn’t public. Ambani last year unveiled plans to spend $75 billion on clean energy projects over the next 15 years. 

Asia’s second-richest man is known for his