12 October 2021 Current Affairs
The Reliance Industries Limited (RIL) has acquired what percent of stake in the Chinese-owned REC Group, through its subsidiary Reliance New Energy Solar Ltd (RNESL)?
Reliance New Energy Solar Ltd (RNESL), a wholly-owned subsidiary of Reliance Industries Ltd (RIL), has acquired 100 percent shareholding of REC Solar Holdings AS (REC Group), a Chinese state-owned solar power company.
Reliance New Energy Solar Limited of Reliance Industries Limited bought a 100 percent stake of Solar Holdings AS from China National Bluestar for $771 million.
EXAMIANS