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Reliance Infra reduces 65% of debt in a single deal, says CEO Lalit Jalan

Updated : August 30, 2018 07:07 PM IST

In what is one of India’s biggest infrastructure deals, Reliance Infra has agreed to sell its Mumbai distribution business to Adani Transmission.
The total deal is valued at Rs 18,800 crore. Most of this money will be used to pare down the company's debt.
Reliance Infra reduces 65% of debt in a single deal, says CEO Lalit Jalan
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