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Business Standard

RIL secures Rs 7,558 cr investment in digital fibre infrastructure trust

The fibre optic unit, which was earlier part of Reliance Industries Limited's (RIL) subsidiary Reliance Jio, has a debt of Rs 87,296 crore, which includes suppliers' credit

Reliance Industries | Abu Dhabi Investment Authority | Reliance Jio

Aneesh Phadnis  |  Mumbai 

reliance jio, RIL
RIL had earlier raised funds via similar structures for Jio's telecom tower assets and for its promoter Mukesh Ambani-owned gas pipeline company.

on Friday announced an investment of Rs 7,558 crore by the and the Public Investment Fund of Saudi Arabia for a 51 per cent stake in the the digital fibre infrastructure trust.



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First Published: Fri, October 30 2020. 22:00 IST