12 October 2021 Current Affairs
The Reliance Industries Limited (RIL) has acquired what percent of stake in the Chinese-owned REC Group, through its subsidiary Reliance New Energy Solar Ltd (RNESL)?
Reliance New Energy Solar Ltd (RNESL), a wholly-owned subsidiary of Reliance Industries Ltd (RIL), has acquired 100 percent shareholding of REC Solar Holdings AS (REC Group), a Chinese state-owned solar power company.
The second phase of Exercise Malabar 2021, between the Quad countries, will be conducted in the Bay of Bengal The Phase 1 of Exercise Malabar 2021 has been conducted off the coast of Guam, in the Philippine Sea, in the Western Pacific.
Reliance New Energy Solar Limited of Reliance Industries Limited bought a 100 percent stake of Solar Holdings AS from China National Bluestar for $771 million.
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