Reliance Industries (RIL) has reportedly drawn up a Rs 40,000-crore
investment plan called 'J3' by 2014 to expand its refining complex in Jamnagar,
Gujarat.
RIL has earmarked Rs 16,000 crore to set up a cracker unit as part of a
proposed petrochemicals project in
Jamnagar. The cracker will produce ethylene, propylene, low-density
polyethylene and monoethylene glycol.
A sum of Rs 15,000 crore will be pumped into a
coke gasification plant that will fuel power plants in the complex. It plans
to spend Rs. 6,850 crore on a plant to produce paraxylene, used in the
production of fibre and film, and a unit to manufacture butyl rubber.
Also, various supporting and ancillary projects will cost Rs 4,000 crore.
They include a fifth crude distillation unit (CDU) that will uitlise crude from
Cairn India's Mangala oil field in Rajasthan.
Also See:
GAIL,
RIL petrochem JV on hold (03-Aug-10)