RIL firms up
Reliance Industries gained 1.40% to Rs 1360, on reports that it was planning to set up two gas-based projects.The Reliance Industries (RIL) stock clocked volumes of 2.70 lakh shares on BSE.
The projects will have a generation capacity of 1100 Mw each for captive use, will supply five million cubic meters per day (MMSCMD) of gas for the new Uran project (1,040 mw) and develop a city gas distribution network in Maharashtra.
The power will be supplied to RIL’s malls, shopping chain and other establishments. RIL has appealed to the government to organise necessary land for these projects, preferably in Pune, Solapur, Osmanabad and Latur. RIL will procure gas from the Krishna Godavari basin.
However, reports did not disclose RIL’s plan to take over the LNG facility with a capacity of 5 million tonnes per annum at the Ratnagiri project, previously the site for the Dabhol power project.
Further, RIL has assured of providing 5 MMSCMD of gas for the new Uran project, which was planned by the Maharashtra State Power Generation Company (MahaGenco).
The projects will have a generation capacity of 1100 Mw each for captive use, will supply five million cubic meters per day (MMSCMD) of gas for the new Uran project (1,040 mw) and develop a city gas distribution network in Maharashtra.
The power will be supplied to RIL’s malls, shopping chain and other establishments. RIL has appealed to the government to organise necessary land for these projects, preferably in Pune, Solapur, Osmanabad and Latur. RIL will procure gas from the Krishna Godavari basin.
However, reports did not disclose RIL’s plan to take over the LNG facility with a capacity of 5 million tonnes per annum at the Ratnagiri project, previously the site for the Dabhol power project.
Further, RIL has assured of providing 5 MMSCMD of gas for the new Uran project, which was planned by the Maharashtra State Power Generation Company (MahaGenco).
Labels: Reliance Industries
posted by SY at 1:33 PM
0 Comments:
Post a Comment
<< Home