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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.
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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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