Reliance Petroleum commissions 580,000 bpd refinery

26 Dec '08

4 min read

We, at Reliance, continue to be committed to the long term potential of the refining sector. We will leverage our competitive advantages of scale, complexity and capability to process a wide range of crude oils and flexibility to produce high quality transportation fuels and create significant value for all its stakeholders.”

Reliance Petroleum Limited (RPL):
RPL is a subsidiary of Reliance Industries Limited. RPL has set up a green-field petroleum refinery and polypropylene plant in a Special Economic Zone at Jamnagar in Gujarat, India. With an annual crude processing capacity of 580,000 barrels of oil per stream day (BPSD), RPL is the 6th largest refinery in the world.

Reliance Industries Limited (RIL):
RIL is India's largest private sector company on all major financial parameters with a turnover of Rs.139,269 crore (US$ 34.71 billion), cash profit of Rs. 25,205 crore (US$ 6.3 billion), net profit (excl. exceptional income) of Rs. 15,261 crore (US$ 3.8 billion) and net worth of Rs. 81,449 crore (US$ 20.3 billion) as of March 31, 2008.

RIL is the first private sector company from India to feature in the Fortune Global 500 list of 'World's Largest Corporations' and ranks amongst the world's Top 150 companies in terms of profits. RIL is amongst the 25 fastest climbers ranked by Fortune. RIL features in the Forbes Global list of the world's 400 best big companies and in the FT Global 500 list of the world's largest companies.

RIL ranks amongst the 'Worlds 25 Most Innovative Companies' as per a list compiled by the US financial publication-Business Week in collaboration with the Boston Consulting Group.

Reliance Petroleum Ltd

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