Question

Reliance Industries Ltd has joined hands with which bank to launch a financing program for compressed biogas (CBG) plants that will enable the ecosystem development for vendor partners to aggregate agri-residue as inputs for the Reliance Compressed Biogas (CBG) production plants across India?

A Standard Chartered Bank Correct Answer Incorrect Answer
B DBS Bank India Correct Answer Incorrect Answer
C Citibank Correct Answer Incorrect Answer
D HSBC Bank India Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

Reliance Industries Ltd has joined hands with DBS Bank India to launch a financing program for compressed biogas (CBG) plants. The financing will enable the ecosystem development for vendor partners to aggregate agri-residue as inputs for the Reliance Compressed Biogas (CBG) production plants across India & will ensure that the logistics are designed in a way that this new stream remains competitive and achieves enhanced commercial scale.

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