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Sovereign wealth funds including Singapore’s GIC Holdings Pte Ltd, Abu Dhabi Investment Authority and UAE’s Mubadala Investment Co. are exploring investments in Reliance Industries’ clean energy unit, two people aware of the development said. In June, Reliance Industries (RIL) chairman Mukesh Ambani had unveiled a ₹75,000-crore push into clean energy through a new unit, Reliance New Energy Solar. Utpal Bhaskar reports.
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