Green hydrogen is playing an increasingly important role in the energy transition.
(Photo: dpa)
Bangkok Two Indians are currently fighting for the title of the richest man in Asia. Their bet on the mass production of green hydrogen could decide who ultimately prevails.
On one side is Mukesh Ambani, head of oil and telecoms conglomerate Reliance, whose fortune Forbes magazine estimates at just over $90 billion. On the other hand, there is Gautam Adani, who grew his family business from a commodity trader into one of India’s largest energy companies – and is estimated to be worth just under $90 billion.
The two super-rich are not only united by their account balance, but also by their vision: Ambani and Adani are each investing high double-digit billions in the energy transition of the subcontinent – and are focusing on hydrogen produced with the help of renewable energies.
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