Business(REC-Rural Electrification Cooperation Ltd shares) On October 10, Reliance New Energy Solar announced the acquisition of REC Solar Holdings for $771 million. “Reliance New Energy Solar Ltd (RNESL), a wholly – owned subsidiary of Reliance Industries Ltd (RIL), has announced the acquisition of a 100% shareholding in REC Solar Holdings AS (REC Group) from ChinaContinue reading “For $771 million Reliance New Energy Solar acquires REC Solar Holdings .”