TenderTiger

Private Sector | Maharashtra - India | PID: 202692
Reliance Industries' (RIL) Board of Directors, in a meeting held on 22 March 2024, approved the acquisition of full stake in MSKVY Nineteenth Solar SPV and MSKVY Twenty-second Solar SPV. These 100 percent equity shares are set to be procured from MSEB Solar Agro Power.

The move is in line with the terms of the tender awarded to RIL for setting up an aggregate solar capacity of 128 MW spread across various locations in Maharashtra under the Mukhyamantri Saur Krushi Vahini Yojana 2.0.

The acquisition is expected to be completed by end of April 2024.
| Updated on: 01 - Apr - 2024
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