RIL’s JV inks agreement with Andhra Pradesh government

26 Feb 2018 Evaluate

Reliance Industries’ (RIL) JV - India Gas Solutions has signed an agreement with Andhra Pradesh government to invest in creating marketing infrastructure for natural gas from KG basin. India Gas Solutions is an equal joint venture (JV) between RIL and UK’s BP PLC.

The JV is now actively marketing natural gas produced from eastern offshore KG-D6 block on behalf of both RIL and BP.

RIL is India’s largest private sector company, to feature in Fortune’s Global 500 list of ‘World’s Largest Corporations’ - currently ranking 203rd in terms of revenues, and 110th in terms of profits.


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