Monday, June 11, 2012
Jamnagar - Refining Capital Of India
Refining capacity at jamnagar refining hub is intensified. Essar oil announced completion of the expantion of its vadinar refinery.
This expantion was 4 month ahead of the scheduled completion time.
Sources from Reliance industry didnt disclosed any response earlier on the news.
Later Mr. Ambani announced various projects around Jamnagar complez at RIL AGM. RIL is sitting on hughe cashpile but with current slowdown no companies are putting their hands in new projects, RIL once bitten by repulsive policy of central govt regarding the D6 basins, is looking back at Jamnagar area.
In recent times, Jamnagar will see a huge proprtion of inflows of more projects and more business.