RIL plans to invest Rs 70,000 crore for setting up crude-to-chemical projects at Jamnagar


RIL plans to invest Rs 70,000 crore for setting up crude-to-chemical projects at Jamnagar

Mukesh Ambani-led Reliance Industries (RIL) plans to invest Rs 70,000 crore for setting up crude-to-chemical projects adjacent to the existing Jamnagar site, an integrated petroleum refinery and petrochemical complex, as part of its oil-to-chemical strategy, the company said in an application to the environment ministry.

“Aligned to the national Make-in-India objective, RIL plans to optimally leverage the Jamnagar refinery + gasification assets, as a future growth platform, to maximize petrochemicals, termed as crude-to-chemicals. For setting up the crude-to-chemical growth projects in Jamnagar, RIL proposes to develop a total area of 2,000 acres adjacent to the existing Jamnagar supersite,” the company said as part of the application. Read More

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