Reliance Industries Ltd.

BSE: 500325 | NSE: RELIANCE
Large Cap | Refineries
1346.00
-49.90 (-3.57%)
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RIL gets environment clearance for expansion of Dahej petrochemical facility

Date: 05-04-2017

Reliance Industries (RIL) has received environment clearance for expansion and debottlenecking of its Dahej petrochemical facility in Gujarat. The estimated cost of the project is Rs 13,250 crore and a budget of Rs 400 crore will be kept aside for environment protection and conservation.

The company is planning to expand its Dahej facility located in Bharuch district in view of erratic supply of feed stock, change in the government’s policy to prioritise domestic supply over industrial sector, adequate supply of Shale gas ethane from the US, besides meeting demand-supply gap of petrochemicals in India.

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.