Earlier, RIL announced buying out the full equity in the Norwegian solar panel manufacturer REC Solar Holdings for $771-million from China National Bluestar Group Company.
The Shapoorji Pallonji Group on Sunday announced its second asset sale as part of deleveraging its stretched balance-sheet, by selling 40 per cent in Sterling & Wilson Solar, the solar EPC joint venture it runs with the city-based Khurshed Yazdi Daruvala family, to an arm of Reliance Industries for Rs 2,845 crore.
RIL picks up 40pc in SP group s Sterling & Wilson Solar for Rs 1,100 cr outlookindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from outlookindia.com Daily Mail and Mail on Sunday newspapers.
RIL picks up 40% in SP Group arm Sterling &Wilson Solar for Rs 2,845 cr outlookindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from outlookindia.com Daily Mail and Mail on Sunday newspapers.
The Shapoorji Pallonji Group on Sunday announced its second asset sale as part of deleveraging its stretched balance-sheet, by selling 40 per cent in Sterling & Wilson Solar, the solar EPC joint venture it runs with the city-based Khurshed Yazdi Daruvala family, to an arm of Reliance Industries for Rs 2,845 crore.