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Reliance Industries, based in India, is looking to buy REC, a Norwegian solar module manufacturer.
Photo:Mint
Utpal Bhaskar contributed to this article.
8th of July, 2021
Reliance Industries Ltd (RIL) is in talks to buy REC Group, a Norwegian solar module manufacturer, as part of the oil refiner’s $75,000 crore ($10 billion) renewable energy drive, according to two people familiar with the matter.
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REC (Reliance Industries Corporation) RIL (Reliance Industries Limited) solar
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