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Mukesh Ambani, the richest man in India, has announced plans to invest almost 6-trillion rupees (about R1.2-trillion) in clean energy projects, dwarfing an earlier commitment of 750bn rupees he made in June last year.

Reliance Industries, controlled by Ambani — the world’s biggest fossil-fuel billionaire — has signed agreements with the state government of Gujarat for a total investment  of 5.96-trillion rupees, according to an exchange filing on Thursday...

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