Retrieved 15 August 2017
Reliance Petroleum Limited was set up by Reliance Industries Restricted (RIL), certainly one of India’s largest personal sector corporations based mostly in Ahmedabad. Currently, RPL amalgamated with RIL, and has pursuits within the downstream oil business. RPL also advantages from a strategic alliance with Chevron India Holdings Pte Limited, Singapore, a wholly owned subsidiary of Chevron Company USA (Chevron), which currently holds a 5% equity stake in the corporate.
With an annual crude processing capacity of 1,240,000 barrels (197,000 m3) per stream day (BPSD), RPL is the largest refinery on the earth. It can have a complexity of 14.0, using the Nelson Complexity Index, o rourke petroleum fort worth tx rating it considered one of the very best within the sector. The polypropylene plant could have a capacity to provide 0.9 million metric tonnes per annum.[quotation wanted]
The refinery project is being carried out at a capital price of Rs 270,000 million being funded by way o rourke petroleum fort worth tx of a mix of fairness and debt. This represents a capital price of less than US$10,000 per barrel per o rourke petroleum fort worth tx day and compares very favourably with the average capital price of new refineries introduced in recent years.[quotation wanted] The Worldwide Power Company (IEA) estimates the average capital value of recent refinery in the OECD nations to be within the region of US$15,000 to 20,000 per barrel per day. The low capital price of RPL becomes even more enticing when adjusted for prime complexity of the refinery.
^ “BSE 2008-2009 Data”. www.bseindia.com. Retrieved 15 August 2010.
^ Reliance Petroleum Ltd.