The charging station set up by Jio-bp – the company’s fuel retailing joint venture with British energy giant bp – is in line with the firm’s promise to achieve net carbon neutrality. In a first, billionaire Mukesh Ambani’s Reliance Industries Ltd has set up electric vehicle (EV) charging infrastructure at its Mumbai campus to allow […]
Reliance, Ola Electric win incentives in $2.4 billion battery scheme – EQ Mag Pro
Reliance Industries and Ola Electric will receive incentives under government’s $2.4-billion programme to boost local battery cell production after winning a tender, four sources said. The winning bidders also include Hyundai Global Motors Company and jewellery maker Rajesh Exports, the sources said. The Indian government last year finalised a programme to encourage companies to make […]
Reliance New Energy Limited acquires assets of Lithium Werks – EQ Mag Pro
Mumbai (Maharashtra) : Reliance New Energy Limited (“Reliance”), a wholly-owned subsidiary of Reliance Industries Ltd, on Monday, signed definitive agreements to acquire substantially all of the assets of Lithium Werks BV (“Lithium Werks”) for a total transaction value of USD 61 million including funding for future growth. The assets include the entire patent portfolio of […]
Consequent to such acquisition, RNEL holds 40.00% of the total paid-up equity share capital of SWREL – EQ Mag Pro
Consequent to such acquisition, RNEL holds 40.00% of the total paid-up equity share capital of SWREL. For more information please see below link:
Reliance Bids For Incentives Under Battery Scheme – EQ Mag Pro
India last year finalized an incentive program to encourage companies to invest in the local manufacturing of batteries as it looks to establish a domestic supply chain for clean transport and build storage for renewable energy. Indian conglomerate Reliance Industries, South Korea’s Hyundai Motor Co and automaker Mahindra & Mahindra are among companies that have […]
Reliance becomes promoter in SWREL, holds over 40% stake – EQ Mag Pro
NEW DELHI : Sterling and Wilson Renewable Energy Ltd (SWREL) on Monday said that Reliance New Energy Solar Ltd (RNESL) has become its promoter post payment of balance Rs 1,583 crore for acquisition of 25.90 per cent equity in it. With this transaction, RNESL and other group firms together hold over 40 per cent stake […]
Saudi Aramco looks to invest in Reliance New Energy Solar: Report – EQ Mag Pro
Saudi Aramco and other investors have shown initial interest in investing in Reliance’s clean energy unit.Saudi Aramco and other investors have shown initial interest in investing in Reliance’s clean energy unit. Saudi Aramco is reportedly looking to invest in Reliance New Energy Solar Limited after both firms had earlier announced the scrapping of $15 billion […]
Reliance Industries recasts Jamnagar unit to grow in hydrogen space – EQ Mag Pro
The refinery off-gases produced from this project earlier served as fuel Reliance Industries’ (RIL) hiving off its Jamnagar gasification project into a wholly-owned subsidiary is a step towards its plans to grow in the hydrogen space. This gasification project at Jamnagar was set up to produce syngas to meet the energy requirements of RIL’s crude […]
What Reliance Could Target Next In Green Energy
Sterling and Wilson Aquired By Reliance
Sterling and Wilson Aquired By Reliance For More Information Click on below link :