Reliance acquires UK-based firm Faradion for GBP 100 mln

Reliance acquires UK-based firm Faradion for GBP 100 mln
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14.01.2022

MOSCOW (MRC) -- Reliance New Energy Solar Ltd, a Reliance Industries subsidiary, has acquired 100% shareholding in UK-based firm Faradion Limited for GBP 100 million, reporte Business Standard. Reliance will spend an additional GBP 25 million to accelerate its roll out, Reliance Industries said in a press release.Faradion Limited is a leading global battery technology firm that has patent

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