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RIL receives environmental clearance for expansion of its jetty facility in Gujarat

30 Aug 2016 Evaluate

Reliance Industries (RIL) has received environmental clearance for expansion of its jetty facility in Jamnagar, Gujarat, for handling chemical and petrochemical products at a cost of Rs 750 crore. The company’s proposal was examined at a recent meeting by the Expert Appraisal Committee (EAC) under the Union Environment Ministry. EAC has recommended the ministry to grant environment and coastal regulation zone (CRZ) clearances to the company’s proposal.

The company has proposed expansion of its existing liquid jetty by setting up an additional berth of capacity to handle about 8 million metric tonnes per annum (mmtpa) in order to handle more products. The company plans to complete the expansion in two years after the grant of final green clearance from the ministry.

RIL is an India-based private sector company, with business in energy and materials value chain and in retail and digital services. The Company operates in four segments: refining, petrochemicals, oil & gas and organized retail. The refining segment includes production and marketing operations of the petroleum products.



Peers
Company Name CMP
Reliance Industries 1206.65
Indian Oil Corpn. 130.50
Bharat PetroleumCorp 297.00
HPCL 343.05
MRPL 182.85
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