Reliance Industries (RIL) has drawn up a $3 billion (approx Rs 13,800 crore)
over the next four to five years to foray into the fertiliser sector.
RIL plans to set up a giant coke gasification project at Jamnagar in Gujarat
and the entire project right from coke gasification to urea production will need
the investment. The company plans to set up a plant that can process 7,000 tpd
of ammonia to produce 10,000 tonne of urea.
According to sources, RIL was evaluating proposals from global firms that
have the technology to set up the plants.