RIL commissions biz transformation plans for FY12: sources

Reliance Industries (RIL) has commissioned business transformation plans for FY12, reports CNBC-TV18 quoting sources.

January 03, 2011 / 14:21 IST

26 Aug, 2025 12:21

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Reliance Industries (RIL) has commissioned business transformation plans for FY12, reports CNBC-TV18 quoting sources. It is learnt that RIL has mandated ATKearney and Booz & Co for business transformation to make it process driven on the lines of Exxon and Shell.

Sources add that RIL is likely to finalise a USD 5 billion plan at Jamnagar in 2011 which includes new cracker and downstream expansion. The decision on building LNG terminal may be taken in 2011. However, it may not be in Jamnagar.

Further RIL has revived talks with BP to sell stake in exploration and production (E&P) assets.

first published: Jan 3, 2011 01:19 pm

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