Mukesh will invest in Bill Gates' venture

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-Backthrough Energy will invest Rs 375 crore in the venture

-Gates plan for clean and alternative energy

Mumbai Dated 13th November 2020 Friday

The country's richest businessman Mukesh Ambani was rumored to be investing Rs 375 crore in Bill Gates' venture Green Energy Venture for clean energy. This was said to be an ambitious plan to provide clean energy to the whole world.

With the move, Mukesh topped the list of billionaires like Bill Gates, Jeff Bezos, Michael Bloomberg, Jack Ma and Masayoshi Son. All of these rich people have invested in Bill Gates' backthrough energy venture.

Reliance told stock exchanges on Thursday that Reliance had entered into an agreement for a કો 50 million capital contribution to Bill Gates' backstroke energy venture, a limited partnership company formed under the laws of the US state of Delaware.

Bill Gates' venture was looking for alternatives to clean energy and to address the environmental crisis in addition to the development of agricultural technology. With the help of investors, the venture will invest in companies that have completely zero emissions. Reliance said all these measures would have a billing impact on India as well and the welfare of the entire human race.

However, Reliance had to seek permission from the Reserve Bank for this investment.


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