Reliance to Restructure and Repurpose Gasification Assets
Mumbai: The Board (“the Board”) of Reliance Industries Limited (“the Company” or “RIL”) has today decided to implement a Scheme of Arrangement (Scheme) to transfer Gasification Undertaking into a Wholly-Owned Subsidiary (WOS). The Gasification project at Jamnagar was set up with the objective to produce syngas to meet the energy requirements as refinery off-gases, which…