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“In GOD WE TRUST”

A Project Report on
‘Sequences Of Reliance Petrolium’

Submitted By
Submitted To
Manoj
Prof. Harmesh Lal
B.Com Final Head.of
Comm.Dept. Roll No. 1106

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I Manoj Kumar , Student of

B.Com Final Submitting


this Presentation on

‘Sequences of Reliance Petrolium’

To Our Opration Research Prof.


Harmesh

I am Heartly
Thankful to my Subject Teacher

Prof. Harmesh Lal


And Our Respected

Principal Mirs. Amrit


Varsha who provide

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Us Such a helpul
Enviorenment to creat this

Presentation .

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<Concept> <Page no.>

1. Introduction 1-6

2. Sequences 7-8

3. Organisational Structure 9

4. Project Sequences 10-14

5. Merger 15-18

6. Conclusion 18

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To

The Reliance Group, founded by Dhirubhai H.


Ambani (1932-2002), is India's largest private sector
enterprise, with businesses in the energy and materials
value chain. Group's annual revenues are in excess of US$
34 billion. The flagship company, Reliance Industries
Limited, is a Fortune Global 500 company and is the largest
private sector company in India.
Backward vertical integration has been the cornerstone of
the evolution and growth of Reliance. Starting with textiles
in the late seventies, Reliance pursued a strategy of
backward vertical integration - in polyester, fibre
intermediates, plastics, petrochemicals, petroleum refining

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and oil and gas exploration and production - to be fully
integrated along the materials and energy value chain.

The Reliance Group's activities span exploration and


production of oil and gas, petroleum refining and marketing,
petrochemicals (polyester, fibre intermediates, plastics and
chemicals), textiles and retail.

Reliance enjoys global leadership in its businesses, being


the largest polyester yarn and fibre producer in the world
and among the top five to ten producers in the world in
major petrochemical products.

The Group exports products in excess of US$ 20 billion to


108 countries in the world. Major Group Companies are
Reliance Industries Limited (including main subsidiaries
Reliance Petroleum Limited and Reliance Retail Limited) and
Reliance Industrial Infrastructure Limited.

Reliance Industries Limited

Reliance Industries Limited (RIL) is India's largest private


sector company on all major financial parameters with a
turnover of Rs. 1,50,771 crore (US$ 29.7 billion), cash profit
of Rs. 21,566 crore (US$ 4.3 billion), and net profit
(excluding exceptional income) of Rs. 15,607 crore (US$ 3.1
billion) as of March 31, 2009.

RIL is the first private sector company from India to feature


in the Fortune Global 500 list of 'World's Largest
Corporations' and ranks 103rd amongst the world's Top 200
companies in terms of profits. RIL is amongst the 30 fastest
climbers ranked by Fortune. RIL features in the Forbes

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Global list of the world's 400 best big companies and in the
FT Global 500 list of the world's largest companies. RIL
ranks amongst the 'Worlds 25 Most Innovative Companies'
as per a list compiled by the US financial publication-
Business Week in collaboration with the Boston Consulting
Group.

Reliance Petroleum Limited was set up


by Reliance Industries Limited (RIL), one of India's largest
private sector companies based in Mumbai. Currently, RPL is
subsidiary of RIL, and has interests in the downstream
oilbusiness. RPL also benefits from a strategic alliance with
Chevron India Holdings Pte Limited, Singapore, a wholly
owned subsidiary of Chevron Corporation USA (Chevron),
which currently holds a 5% equity stake in the Company.[1]
[edit]Jamnagar Refinery. Refining activities of Reliance
Industries Limited are carried out at the Jamnagar refinery
complex with refining capacity of 27 million tonnes per
annum (540,000 barrels per day).

The refinery is able to process a wide variety


of crudes- from very light to very heavy (from 18 to 45
degree API) and from sweet to very heavy (with sulphur
content from 0 to 4.5%).
RPL commenced its crude processing on 25 December
2008. The secondary processing units are now under
synchronization and commissioning. The entire refinery
complex is expected to attain full capacity shortly. [when?]

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With an annual crude processing capacity of
580,000 barrels (92,000 m3) per stream day (BPSD), RPL will
be the sixth largest refinery in the world. It will have a
complexity of 14.0, using the Nelson Complexity Index,
ranking it amongst the highest in the sector.
The polypropylene plant will have a capacity to produce 0.9
million metric tonnes per annum.[citation needed]

The refinery project is being implemented at a


capital cost of Rs 270,000 million being funded through a
mix of equity and debt. This represents a capital cost of less
than US $10,000 per barrel per day and compares very
favourably with the average capital cost of new refineries
announced in recent years.[citation needed]

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Before we continue we have to clear the

exact meaning of Sequences. We all know that today


Business is

a more and more complicated world. All companies , Firms ,

Organisations , Business Concerns etc. want to earn more


and

more profit. For the fulfillment of their purpose they are


using a

lot of strategies, Business Plans etc.

Among the all these type of business plans

they have to use their work order in a sequence. Only after


the

using their work in a right manner or right sequence they


can

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split their cost and can make their market vast.

Hence , working of a business concern in

a proper sequence is called the ‘Sequences’ of the Concern

Business. So to avoid weaknesses and for survive in today’s

world of complicated businesses they all have to manage


their
business in a right & Proper Sequence.

We know that Reliance Petrolium is duly a

large company. It has a lot of large and small working


concepts

which it have to perform daily in their working life. So it is


too

necessary to perform these all type of small and large type


of

works in a proper way or manner or in a right sequence.


Only

these right sequences make Reliance Petrolium a basically a

strong Strenth Business concern.

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As we apply this sequences concept on

Reliance Petrolium we founds that there is proper


maintaintory

Work in his field of working. The projects which are being

presented by the company and as well as which are being

running by the company is properly determined and in a


right

way these are being performed in a exact sequence. All


thes type

of works which have been done by the company or which


have

been running by the company currently are described


further:-

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 For the Proper sequence of the work The
Reliance Petrolium has the following
Organisation Structure:-

Board of Directors

Mr. Mukesh D Ambani (Chairman)


Mr. Hital R Meswani
Mr. P M S Prasad
Mr. Y P Trivedi
Mr. M P Modi
Mr. Atul S. Dayal
Mr. Bobby Parikh
Mr. Michael Warwick
Mr. Pawan Kumar Kapil

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Progress Of Projects
Summary of Project Progress
� Cumulative project progress of 50% as at year end
� Basic engineering done; Detailed engineering work nearly
completed
� Procurement contracting for all key equipments completed
� Equipment deliveries and their installations have
commenced
� Construction activities gained significant momentum
during the quarter

• Concurrent progress across all units; Skylines have change


dramatically

• Pipe racks and foundation works moving rapidly

• Concreting activities nearing its peak; focus shifting


towards piping work

• Equipment erection activities begun and have gained


significant momentum

• Sufficient site infrastructure developed to sustain


construction on fast track

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 Procurement progress
update
� Overall procurement progress at 99%

� Over 93% of project scope of equipments is


already received at site

� Over 5,300 equipments delivered

� Deliveries of ODCs and super ODC


equipments completed

� Balance equipment deliveries on schedule

� Deliveries of bulk materials expedited


successfully

� 94% of tagged items and 85% of bulk


materials are delivered

� 93% of piping and 80% of instrumentation of


bulks are also at site

� Thrust on vendor follow-up for residual


deliveries during the next quarter

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 Construction progress
update

� All-round progress achieved


– Civil construction is complete
– All major equipments, including super heavy
equipments, installed at site
– Structural steel and pipe fabrication activities
nearly completed
– Near completion of under-ground piping
works at site
– Structural steel erection and above-ground
piping works at an advanced
stage of completion
– Hydro-testing activities progressing rapidly

 Pre-commissioning activities
gain
momentum
� Start-up planning and operations
preparedness in place
� Engineering audit nearly completed
� Critical manpower is already in position and
adequately trained

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� Operations & Maintenance contracts
awarded; Manuals and procedures
already in place
� Several critical equipments are under pre-
commissioning.

 RPL to commence export of


products in January 2009
MUMBAI, 20th January 2009:
Reliance Petroleum Limited (RPL) has
successfullycommenced operations at its
complex refinery during the quarter.RPL
started its crude processing on 25th December
2008 and achieved successfulproduction of
various products. RPL expects to despatch its
first parcel of refinery
products in January 2009.

The initial phase of production has


achieved stability. Commissioning activities are
nearingcompletion at several of the secondary
processing units. Several support units and
utilities
such as water, air, nitrogen, steam and power
required for the refinery are being operated
successfully. The secondary processing units
are under synchronisation and
commissioning.

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In completing the state-of-the-art,
globally competitive refinery in just 36 months,
fromconcept to commissioning, the Company
has set a new global benchmark for building
grass-root refinery of this scale and complexity
at a time when many large green-field
refinery projects that were announced in the
world have been facing significant delays.

Safety and reliability are critical to


operating large process plants. RPL will take all
the
steps necessary to achieve the highest
standards of safety and reliability in operating
its
facilities. In view of the recent unfortunate
accident that occurred at the site, RPL has
undertaken the task of reassuring the safety,
reliability and integrity of all the units across
the entire complex in conjunction with internal
experts, engineering contractors and
equipment suppliers to meet this objective.
RPL’s refinery will be one of the highly
competitive refineries with configuration and

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flexibility to deliver superior returns on a
sustained basis even in the current market
conditions. RPL is committed to further
investments to enhance the product and yield
flexibility, improve cost competitiveness and
ability to respond to changing market
conditions.

 Scheme of Amalgamation
of Reliance Petroleum

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Limited with Reliance
Industries Limited
The Scheme of Amalgamation of
Reliance Petroleum Limited (RPL) with Reliance
Industries Limited (RIL) has been sanctioned by
the Hon’ble High Court of Judicature at Bombay
and the Hon’ble High Court of Gujarat at
Ahmedabad. The High Court Orders were filed
with the respective offices of the Registrar of
Companies and the Scheme has become
effective on September 11, 2009 with the
appointed date being April 1, 2008.

RPL now stands amalgamated with RIL.

September 29, 2009 has been fixed as the


‘Record Date’ for reckoning the members of
the RPL entitled to receive fully paid-up equity
shares of RIL in the exchange ratio of 1 (one)
equity share of the face value of Rs. 10/-
(Rupees ten) each of RIL for every 16 (sixteen)
equity shares of the face value of Rs. 10/-
(Rupees ten) each held by the Equity
Shareholders of RPL .

RELIANCE INDUSTRIES AND


RELIANCE PETROLEUM BOARDS
APPROVE MERGER

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• Merger is India’s largest ever
• RPL shareholders to receive 1 (one) share of
RIL for every 16 (sixteen) shares of RPL
• RIL’s holding in RPL to be cancelled. No fresh
treasury stock created
• RIL to be a top 10 private sector refining
company globally
• RIL to become the world’s largest producer of
Ultra Clean Fuels at single location
• Merger to unlock greater efficiency from scale
and synergies
• Merger to be EPS accretive
• RIL to have 3.7 million shareholders
MUMBAI, 2 March 2009: The Boards of
Directors of Reliance Industries Limited (RIL)
and Reliance Petroleum Limited (RPL) today
unanimously approved RPL’s merger with RIL,
subject to necessary approvals. The exchange
ratio recommended by both boards is 1 (one)
share of RIL for every 16 (sixteen) shares of
RPL. RIL will issue 6.92 crore new shares,
thereby increasing its equity capital to Rs
1,643 crore.
Commenting on the merger, Mukesh Ambani,
Chairman and Managing Director,

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Reliance Industries Ltd said: “This
merger follows Reliance Industries’
philosophy of
creating enduring value for all our
stakeholders. It is a significant step in
our goal to be
among the largest global corporations.”
Merger Benefits and Synergies:
The merger will unlock significant operational
and financial synergies that exist between RIL
and RPL. It creates a platform for value-
enhancing growth and reinforces RIL’s position
as
an integrated global energy company.
The merger will enhance value for shareholders
of both companies. The merger is EPS
accretive for RIL. Through this merger, RIL
consolidates a world-class, complex refinery
with minimal residual project risk, while
complementing RIL’s product range.

The merger will result in RIL:

• Operating two of the world’s largest, most


complex refineries
• Owning 1.24 million barrels per day (MBPD) of
crude processing capacity, the largest

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refining capacity at any single location in the
world
• Emerging as the world’s 5th largest producer
of Polypropylene
Merger Details:
Under the terms of the proposed merger, RPL
shareholders will receive 1 (one) share of RIL
for every 16 (sixteen) RPL shares held by
them.
The appointed date of merger of RPL with RIL is
1st April 2008.
RIL will cancel its holding in RPL.
Based on the recommended merger ratio, RIL
will issue 6.92 crore new equity shares to the
existing shareholders of RPL. This will result in
a 4.4% increase in equity base from
Rs 1,574 crore to Rs 1,643 crore.
Consequently, the promoter holding in RIL will
reduce
from 49.0% to 47.0%

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In other words we can say that

Reliance Petrolium is a large business entity


which

ensure its working in a single and proper

sequence. We also elaborate that Sequences is


the

main feature for a business in its working field,

only after this the business can grow up.

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