Reliance Industries has incorporated a wholly owned subsidiary, named REC Sustainable Energy Solutions (REC SES) on February 12, 2025 in Singapore, to set up a global capability centre for consolidating research and development (R&D) activities, facilitating the recruitment of global talent, and providing technical and procurement services to support the company’s new energy initiatives. The company will invest an amount of $100,000 towards initial subscription of 100,000 shares of $1 each.
Reliance Industries is India’s largest private sector company. The company’s activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail and 4G digital services.
