Reliance New Energy Limited acquires assets of Lithium Werks

Mumbai: Reliance New Energy Limited (“Reliance”), a wholly owned subsidiary of Reliance Industries Ltd, has today signed definitive agreements to acquire substantially all of the assets of Lithium Werks BV (“Lithium Werks”) for a total transaction value of US$ 61 Million including funding for future growth. The assets include the entire patent portfolio of Lithium…

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