Reliance Power to divest Indonesian coal subsidiaries for $12 million

Reliance Power announced it has signed an agreement to sell its entire stake in five Indonesian coal entities to Biotruster (Singapore) Pte. Ltd. for $12 million. These subsidiaries contributed no income in the last financial year.

Sep 29, 2025 - 15:30
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Reliance Power to divest Indonesian coal subsidiaries for $12 million
Reliance Power announced it has signed an agreement to sell its entire stake in five Indonesian coal entities to Biotruster (Singapore) Pte. Ltd. for $12 million. These subsidiaries contributed no income in the last financial year.

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