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R-Power stake sale in Indonesian arms

Mint Ahmedabad

|

September 30, 2025

Reliance Power on Monday said it will sell 100% stake in several Indonesian step-down subsidiaries to Singapore-based Biotruster Pte Ltd for about $12 million.

A share purchase agreement has been signed among Reliance Power Netherlands BV, Reliance Natural Resources (Singapore) Pte Ltd and Biotruster (Singapore) Pte Ltd to this effect.

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Silver to stay hot as supply thins amid buyer frenzy

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