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Reliance Industries Ltd has completed the sale of REC Solar Norway AS to Elkem ASA for USD 22 million. The sale includes REC Norway's kerf-based polysilicon manufacturing operations.

Reliance Industries Ltd has sold REC Solar Norway AS to Elkem ASA for USD 22 million. The sale follows Reliance's 2021 acquisition of REC Solar Holdings, part of Mukesh Ambani's green energy plans.