17 April 2008 08:48 [Source: ICIS news]
MUMBAI (ICIS news)--?xml:namespace>
The company had slated mechanical completion for August 2008.
"I am pleased with the remarkable progress achieved by RPL so far and the team's preparedness for completing the refinery ahead of schedule,” said RPL chairman Mukesh Ambani.
The company said that start-up planning and operational preparedness activities had gained significant momentum and that overall construction on the complex was nearing 80%, adding that it plans to complete the refinery ahead of schedule.
The company said 93% of equipments are already at site, adding that more than 95% of structural steel fabrication work, 74% of structural erection and 94% of underground piping works were completed.
RPL had earlier said that it would complete the project ahead of its initial schedule of December 2008.
RPL said it has achieved rapid progress on the project despite the pressures of high oil prices and the perceived threat of slower economic expansion led by the
The project is located in a special economic zone (SEZ) next to the existing, export-oriented refinery-cum-petrochemical complex that is owned by RPL parent, Reliance Industries Limited (RIL).
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