Retrieved 15 August 2017
Reliance Petroleum Limited was arrange by Reliance Industries Limited (RIL), one in all India’s largest non-public sector corporations primarily based in Ahmedabad. Petroleum Refinery Equipment Tower Internals And Packings At the moment, RPL amalgamated with RIL, and has interests within the downstream oil enterprise. States RPL additionally advantages from a strategic alliance with Chevron India Holdings Pte Limited, Singapore, a wholly owned subsidiary of Chevron Corporation USA (Chevron), which currently holds a 5% equity stake in fractional distillation of crude oil meaning the company.
With an annual crude processing capability of 1,240,000 barrels (197,000 m3) per stream day (BPSD), RPL is the largest refinery in the world. It will have a complexity of 14.Zero, utilizing the Nelson Complexity Index, ranking it certainly one of the best in the sector. The polypropylene plant can have a capacity to produce 0.9 million metric tonnes per annum.[citation wanted]
The refinery venture is being applied at a capital value of Rs 270,000 million being funded by way of a mix of fairness and debt. This represents a capital price of less than US$10,000 per barrel per day and compares very favourably with the average capital value of new refineries introduced in recent years. The Worldwide Vitality Company (IEA) estimates the typical capital cost of new refinery in the OECD nations to be in the area of US$15,000 to 20,000 per barrel per day.[citation wanted] The low capital price of RPL becomes even more enticing when adjusted for high complexity of the refinery.
^ “BSE 2008-2009 Data”. www.bseindia.com. Retrieved 15 August 2010.
^ Reliance Petroleum Ltd.