RIL had sought 11.80 million standard cubic meters per day of KG D-6 gas to meet feedstock requirement at its twin refineries but it got only 2.34 mmscmd.
RIL has been using gas from GAIL during the past three months to test-fire the 1,440-km east-west pipeline, India's longest, from Kakinada in Andhra Pradesh to Bharuch in Gujarat. Only 100 km of the pipeline remains to be test-fired. It will transport gas from the world's largest gas discovery at the Krishna-Godavari basin in the Bay of Bengal to Jamnagar in Gujarat, where it has set up the world's largest petroleum refinery.
At least 12 Pakistani nationals were arrested along with their two boats by the Border Security Force for illegally entering Indian waters near Padala creek in Koteshwar off Kutch in Gujarat.
Wing Commander Ajey Lele says it does not matter how superior our technology is, but what we do with the intelligence gathered from it.
The AWACS will provide India means to track incoming missiles and look deep into the neighbouring countries under all weather conditions.
RIL is keen on buying Cairn India's Rajasthan crude oil but said it cannot take the oil unless the pipeline from fields to Gujarat coast is built.
In May last year, Peninsula forayed into the hospitality sector with a joint venture with textile maker and real estate developer, Arrow Webtex. The JV planned to build hotels in Mumbai, Pune, Nagpur, Nasik and Kolhapur in Maharashtra. There were also plans to develop hotels in Ahmedabad, Surat, Jamnagar, Mundra port, Goa and Kerala.
"With RIL commissioning its second refinery last December, the total capacity of the (Jamnagar) complex will go up to 1.24 million barrels a day, exposing it to international vagaries. By surrendering the EOU status of one refinery and maintaining that of the other, the company will be able to hedge its risks," said an industry veteran. EOU status for RIL's second refinery currently ends in March 2010.
RIL is aiming to revive its 350-odd outlets in Gujarat and Maharashtra by the end of April, followed by the rest of the country. The company may sell only these two products for some time. The company had closed all its 1,400-odd retail outlets through the country last year, after sales dropped drastically due to its inability to match the subsidised prices offered by state sector oil marketing companies.
The government is unlikely to ban export of petroleum products or review the export-oriented status of Reliance Industries Jamnagar refinery, as has been demanded by United Progressive Alliance government's new ally, the Samajwadi Party.
Shareholders of Mukesh Ambani-led Reliance Industries met in Mumbai on Saturday in an extra-ordinary general meeting to vote on the merger of its subsidiary Reliance Petroleum with the company.
Billionaire industrialist Mukesh Ambani has turned a venture capitalist and is backing a new television channel Epic TV due to go on air next month.
Four people died and some others were injured when a fire broke out in a pipeline of Essar's Vadinar oil terminal near its refinery in Jamnagar district in the early hours on Thursday, official sources said.
Reliance's Jamnagar units, including the existing refinery and the second one that will begin work by mid-November, will be the world's largest single-location refining facility. The entire refinery complex will have a total processing capacity of 1.24 million barrels a day. The current production of the existing unit is 0.66 million barrels a day.
A senior official in the central labour commissioner's office said the efforts of the government were to resolve the cases amicably and not to press for legal action against employers. "Everyone is going through tough times. We could initiate legal action if we want but that's not the idea. We want to address the issues amicably," the official said.
The refinery will roll out petroleum products including diesel and some amount of naptha initially. The refinery will initially produce 31 kilo tonne per day of diesel and 5.7 ktpd of naptha among other products, sources added. The unit can also produce 25 ktpd of petrol, however, it might not sell it initially in the market, sources added.
The AWACS will provide IAF means to keep a tab on enemy aircraft and missiles taking off from across the border, thereby enhancing response time.
While leading SEZs like Mahindra World, Nokia, Apache, Hyderabad Gems and Jewellery became operational in 2008-09, exports from these zones fell short of target of Rs 1,20,000 crore (Rs 1,200 billion) in the last fiscal, according to the Export Promotion Council for EOUs and SEZs.
Scrapping of the EoU status to petroleum refineries was one of the demands of the Samajwadi Party after it decided to support the United Progressive Alliance government, which is set to face a trust motion in the Lok Sabha. "Amar Singh had met me, but there were no discussions on the EoU issue," said the commerce minister. Nath said everyone has the right to demand changes but it did not mean that the government would act on it.
RIL is talking to consumers of gasoline (petrol) as well as US fuel marketers who currently have a deficit, he said but did not give details. The company recently started gasoline trading operations in the US. Its office located in Houston would trade in gasoline both on the US Gulf Coast and New York Harbor market.
Ravindra Jadeja credits the Indian Premier League for his meteoric rise, saying it taught him how to handle pressure while playing at the international level.
While the exact investment for the project, which is likely to come up in Jamnagar is not known, senior government officials say the company is looking to ink an agreement during the upcoming Vibrant Gujarat Global Investors Summit, to be held in January next year.
The commerce ministry has proposed a three-year extension of tax benefits given to Export-oriented Units in an attempt to encourage export industries at a time when global demand is expected to slump further.
All-rounder Ravindra Jadeja credited the Indian Premier League for giving him the platform that fetched him a call up to the national squad for the upcoming one-day series against Sri Lanka.
Two weeks ago, RIL chief Mukesh Ambani instructed his senior executives to get ready for production by October, almost two-three months ahead of the earlier planned schedule, as the refinery at Jamnagar, the East-West pipeline and facilities at KG basin are nearing completion, said sources. RIL is developing the largest gas find in the world in KG basin, with estimated gas reserves of 11.5 trillion cubic feet (TCF).
Reliance Industries has sought environment ministry approval for a $13 billion upgrade to its Jamnagar complex, including a 400,000 barrels per day (bpd) refinery.
A magnificent display of India's cultural diversity through colourful parades across the length and breadth of the country marked the 71st Republic Day celebrations on Sunday which passed off peacefully, barring in Upper Assam, which was rocked by four explosions within a span of 10 minutes.
ADAG slots Rs 1,200 cr for wind power plants
Rediff reader Pranav Jadeja, who met his wife at an apartment lobby, shares his love story! You can share yours too!
The worst affected areas were Jamnagar, Junagadh, Amreli and Bhavnagar districts of Saurashtra.
Army and air force contingents have been rushed in to assist in relief and rescue operations.
Reliance Industries will buy 7.5 mn tons of crude oil from Venezuela for its upcoming export-oriented refinery at Jamnagar. The company has been sourcing crude oil from Venezuela, the only OPEC member country from Latin America, for its existing 660000 barrels per day (33 mn tons) refinery at Jamnagar. Venezuela has agreed to supply 150000 barrels per day of oil from June under a long-term supply contract. Reliance is on a sphere to tie-up crude supplies for its new refinery.
The Congress considers the community to be in its fold without bothering about its representation or welfare while the BJP assumes that the Muslims would not vote for its candidates, says Shafeeq Rahman.
"From our assessment, RIL has invested only a very small amount in buying Gapco. It will not affect the company's balance sheet at all," one Mumbai-based analyst said.
Rohm and Haas, one of the largest speciality material manufacturers in the world, plans to invest $100 million (about Rs 410 crore) in India to develop manufacturing and research and development facilities.
Prohibition state Gujarat is adding colour to the favourite drink of Bacchus.
199 talukas of Gujarat have received heavy showers in the past 24 hours and all check dams in these places were flowing above the danger mark.
The fertiliser plant would use natural gas from the company's prolific gas field off in Krishna Godavari basin off the Andhra coast as feedstock.
Showering praise on Olympic medallists PV Sindhu and Sakshi Malik, Prime Minister Narendra Modi on Tuesday said these "daughters" were the saving grace of India at the Rio Games. Speaking at the inaugural function of Sauni irrigation project in Sanosara (Gujarat), Modi touched upon several social issues plaguing the country including gender-based discrimination.
Jignesh Mevani of Dalit Samiti on Monday said the PM paid only lip service instead of reining in the cow vigilantes.
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