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Mukesh Ambani’s Reliance Industries acquires REC Solar for $771 million

Published On 11 Oct 2021 10:58 AM


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Highlights

  • Reliance industries Ltd buys REC Solar Holdings
  • By 2030 Reliance is planning to build solar capacity of 100 gigawatts

Mukesh Ambani, the Chairman of Reliance Industries Ltd has announced that the company will be acquiring REC Solar Holdings. Reliance has purchased the company for $771 million from China National Bluestar Co Ltd.

Reliance is planning to build s....


Tags : Reliance, Green, Energy, Acquisition, Solar Holdings,
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