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India's Reliance Industries Reportedly in Talks with CATL, Others on Procurement of Battery ESS Components
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India's largest conglomerate Reliance Industries is in talks with Chinese battery giant CATL (03750.HK) and other global suppliers regarding the procurement of components for battery energy storage systems (ESSs), Chinese media reported, citing sources. Analysts noted that the negotiations could pave the way for Reliance to secure a second major source of battery components for its soon-to-be-operational plant in Jamnagar, Gujarat. CATL last quoted at HKD661.5, down 1.93%, with a turnover of 2.807 million shares, involving HKD1.843 billion. Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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