India’s renewable energy agency, Solar Energy Corp, has offered oil-to-telecoms conglomerate Reliance Industries （RELI.NS） a 51% stake in a joint venture to supply renewable power to the latter’s refineries and manufacturing plants, two sources familiar with the matter told Reuters.
Under the proposal, Solar Energy Corp （SECI） will invite international bids for supply of renewable energy to Reliance Industries’ refineries and facilities in Gujarat, the sources said.
