Reliance's 2 Buyouts In Clean Energy Strategically Unique | Business Today

Описание: It is with quite a bang that Reliance Industries Limited (RIL) has made some key strategic moves on its clean energy business. Its unit, Reliance New Energy Solar, on Sunday announced the acquisition of two companies in the space. One was the buyout of REC Group from China National Bluestar in ticket size of $771 million (at an enterprise level) and the other being a 40 per cent stake picked up in Sterling & Wilson, a Shapoorji Pallonji Group company for Rs 2,850 crore.

#Reliance #CleanEnergy #BusinessToday
Subscribe to India Today for NEW VIDEOS EVERY DAY and make sure to enable Push Notifications so you'll never miss a new video.
All you need to do is PRESS THE BELL ICON next to the Subscribe button!
India Today TV is India's leading English News Channel. India Today YouTube channel offers latest news videos on Politics, Business, Cricket, Bollywood, Lifestyle, Auto, Technology, Travel, Entertainment and a lot more.

Stay tuned for latest updates and in-depth analysis of news from India and around the world!

Follow us: Official website: https://www.indiatoday.in/

Twitter:   / indiatoday  

Facebook:   / indiatoday  

Telegram: https://t.me/indiatodayofficial