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RNEL acquires 20 pc stake in solar tech firm Caelux for US$12 mn

TBB BUREAU BHUBANESWAR, SEPT 23, 2022 Reliance Industries Ltd (RIL) on Friday said that it has acquired a 20 per cent stake in California-based solar tech firm Caelux for USD 12 million as it strengthens its new energy manufacturing capabilities. Reliance New Energy Limited (RNEL), a wholly owned subsidiary of RIL, today signed definitive agreements to invest in Caelux Corporation, ...

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