RIL gets clearance for Rs.2,338 cr project

Reliance Industries Ltd (RIL) has recently secured clearance for the expansion and optimization of its petrochemical complex at Nagothane in Raigad district of Maharashtra at an estimated cost of Rs.2,338 crore. The environment clearance has been granted for RIL’s expansion and debottlenecking of petrochemical project, said sources, adding that the proposal is to expand the gas cracker and downstream plants. The company manufactures wide range of products such as Ethylene Oxide, Ethylene Glycol, Linear Low Density High Density Polyethylene (LLHDPE), Hexene-1 and others along with a gas-based CPP. Currently, RIL Nagothane uses a mixture of ethane and propane to produce downstream products and by-products and that the proposal is to modify its feedstock ratio in its gas cracker plant owing to availability of imported shale gas ethane.That apart, the company has also proposed to enhance CPP capacity from 85 mw to 100 mw by way of refurbishing and also use ethane as a fuel owing to its economic viability and availability and further, the proposed project also includes expansion of the existing township with additional residential apartments within the township area.