30 Sep 2025 | 3 Mins Read
Reliance Power sells Indonesian coal units for $12 million
Flipitmoney
Reliance Power Limited, led by Anil Ambani, signed a share purchase agreement to divest Indonesian subsidiaries for $12 million on September 29, 2025. The 100% equity shareholding will be sold to Biotruster (Singapore) Pte. Ltd. The deal has a December 30, 2025, expected completion date, and is not a related party transaction or slump sale.