Reliance Group Partners with Bhutan's DHI for Major Renewable Energy Projects, Shares Rocket

Reliance Group Partners with Bhutan’s DHI for Major Renewable Energy Projects, Shares Rocket

The shares of Reliance Power (NSE: RPOWER), a subsidiary of Reliance Group, were trading at ₹53.64 up by ₹2.55 or 4.99 per cent on the NSE today at 11 am, a day after Reliance Group entered into a strategic partnership with Druk Holding and Investments Ltd. (DHI), the commercial arm of Bhutan’s government, to develop significant renewable energy projects in the country. The agreement, signed on October 2, 2024, includes plans for a 500 MW solar plant and a 770 MW hydropower project.

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Reliance Group Partners with Bhutan's DHI for Major Renewable Energy Projects, Shares Rocket

Reliance Infrastructure share price rises up to 7.5%, inching close to 1-year high on substantial reduction in debt

Stock Market Today: Reliance Infrastructure share (NSE: RELINFRA) price gained up to 7.5% in morning trades on Thursday and was very close to 1-year (52-week) high. The Reliance Infrastructure share price has been buzzing with news flows as it has reduced standalone external debt from ₹3,831 Crore to ₹475 Crore.

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