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Search results for: Reliance Industries

Reliance Industries

Reliance Industries Is Considering Investing In Offshore Wind Energy

2022-10-22
By: Vartika
On: October 22, 2022

According to sources, Reliance Industries Ltd (RIL) is planning to establish captive offshore wind power plants with initial capacities of up to 5 megawatts (MW). Gujarat is expected to hostContinue Reading

Reliance Industries

Reliance Industries Is Looking For Land To Build 100 GW Of Solar Capacity…

2022-05-14
By: Roshan
On: May 14, 2022

Reliance Industries is building a gigawatt-scale solar power business and is looking for land to build 100  gigawatts of solar power capacity. The business plans to build this capacity byContinue Reading

Reliance Industries

Reliance Industries Takes A $736 Million Green Loan To Buy REC Solar

2021-12-08
By: Roshan
On: December 8, 2021

The Indian giant Reliance Industries Ltd (RIL) has inked a green loan worth $736 million to support its acquisition of REC Solar Holdings, a Norwegian solar panel producer. “A termContinue Reading

Reliance Industries

Reliance Industries To Buy Solar Module Maker REC For $1 Billion

2021-09-06
By: Vartika
On: September 6, 2021

Reliance Industries (RIL) is poised to acquire Norwegian solar module maker REC Group for $1-1.2 billion from China National Chemical Corp (ChemChina) as part of the oil-to-telecom conglomerate’s Rs 75,000Continue Reading

Reliance Industries

Reliance Industries May Buy Solar Module Maker REC

2021-07-15
By: Roshan
On: July 15, 2021

Reliance Industries Ltd (RIL) is looking to buy Norwegian solar module maker REC Group as part of the oil refiner’s ₹75,000 crore push into clean energy. Norway’s REC Group hasContinue Reading

Reliance Industries

Reliance Industries To Invest Big In Green Technology Space

2021-02-26
By: I H Khan / Prasanna
On: February 26, 2021

Reliance says it is looking to build an optimal mix of reliable, clean and affordable energy and storage using hydrogen, solar, wind, fuel cells and battery. In its presentation onContinue Reading

Kanoda Sells 88% Stake To Reliance Industries

2019-01-02
By: Staff Reporter
On: January 2, 2019

The renewable energy services firm Kanoda Energy Systems Pvt. Ltd has agreed to sell 88% stake to Mukesh Ambani-led Reliance Industries Ltd for Rs 75 crore (about $10.7 million) inContinue Reading

Reliance Industries acquires Kemrock Industries

2017-09-08
By: Staff Reporter
On: September 8, 2017

A consortium of 11 banks, led by Allahabad Bank had conducted an e-auction to sell off Gujarat-based Kemrock Industries after it defaulted on loan repayments under the Sarfaesi (The SecuritisationContinue Reading

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