Wednesday, February 08, 2012

RIL inks agreement for US$400 mln loan facility with SACE for US$11 bln J-3 mega petrochem project

Reliance Industries Ltd (RIL) has approached the international markets to raise funds for its ambitious US$11 billion (Rs 55,000 crore) Jamnagar phase three expansion project. The project, also known as J-3 mega petrochemicals project aims to double petrochemicals production including setting up of mega petrochemical units, a gasification plant and refinery off-gas cracker.

For more details on RIL inks agreement for US$400 mln loan facility with SACE for US$11 bln J-3 mega petrochem project click here

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