Reliance Industries Ltd.

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Large Cap | Refineries
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RIL gets environmental clearance for expansion project in Maharashtra

Date: 21-05-2018

Reliance Industries (RIL) has received environment clearance for the expansion and optimisation of its petrochemical complex at Nagothane in Raigad district of Maharashtra at an estimated cost of Rs 2,338 crore. The approval, given based on the recommendations of an expert panel, is subject to compliance of certain conditions.

The proposal is to expand the gas cracker and downstream plants located at Nagothane village in Raigad district by way of debottlenecking, expansion and change of fuel in captive power plant (CPP) along with expansion and rebuilding of residential township.

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.