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Reliance New Energy Solar Ltd. acquisitions and stake purchases

Reliance New Energy Solar Ltd. acquisitions and stake purchases

by Raghuveer Jandhyala | Dec 31, 2021 | MARKETS

Reliance New Energy Solar Ltd. (RNESL) , a wholly owned subsidiary of Reliance Industries Ltd. has to acquire a British battery enterprise Faradion Limited. Faradion Ltd. manufactures sodium ion batteries.  For this acquisition, RNESL is going to pay 100 Million...

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