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RIL gets environment clearance for expansion of petrochemical complex

12 Jul 2017 Evaluate

Reliance Industries (RIL) has received environment clearance for expansion of its petrochemical complex in Gujarat, entailing an investment of Rs 2,100 crore. Near Hazira in Surat district, the complex comprises of naphtha cracker, feeding downstream petrochemical, fibre intermediates and polyester plants. The company’s proposal is to increase production capacities of these plants by debottlenecking and expansion through technological up gradation.

RIL is India’s largest private sector company. The company’s activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail and 4G digital services.

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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