• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest
• The New Manager

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth

Group Sites

• The Hindu
• The Hindu ePaper
• Business Line
• Business Line ePaper
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

Mumbai, Oct. 17 Reliance Petroleum Ltd has spent Rs 21,975 crore until September 30, for its greenfield refinery project at Jamnagar, Gujarat. The work on the project is 70 per cent complete and the final completion is expected before December 2008, the company said in a statement.

The refinery project is being implemented at a capital cost of Rs 27,000 crore. It will have an annual crude oil processing capacity of 5.8-lakh barrels per stream day. The company said that the spending was more than an earlier projected Rs 16,974 crore because of advance payments to contractors.

Reliance Petroleum is a 75 per cent subsidiary of Reliance Industries Ltd with 5 per cent equity being held by Chevron India Holdings Pte Ltd, a wholly owned subsidiary of Chevron Corporation of the US.

More Stories on : New Projects | Petroleum | Reliance Petroleum Ltd

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
CIL unit to complete Moonidih project by Dec

Copyright © 2007, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line