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petrochemicals and downstream products viz ethylene, propylene, EDC, EO/EG, PTA, PET,
PVC etc. RIL-DMD is located within the declared industrial area notified by Govt. of Gujarat at
Dahej in Bharuch District in the state of Gujarat. The nearest rail station is at Baruch situated
~43 km from the site & the nearest airport is Vadodara Airport which is at a distance of ~95 km.
Gas Cracker plant is the mother plant of RIL-DMD which produces Ethylene and Propylene as a
product and the same is used as a raw material in downstream plants. At present, major feed
stock for cracker is from the ONGC Gandhar field and propane is either imported or from RIL
refinery at Jamnagar. A continuous reduction of feed stock supply from ONGC is envisaged. In
view of reducing feed availability an alternative feedstock had to be identified to maintain the
market leadership in Petchem sector and also to sustain operation of Cracker as a long term
solution. Now, in view of Shale gas ethane availability, it is planned to create flexibility of
cracking ethane in the process and increase existing plant capacity. The cold energy of the ethane
will be utilized for increasing the capacity of the Gas cracker unit to produce more ethylene. This
additional ethylene will be utilized in the existing operating unit to increase the capacity
marginally by way of debottlenecking.
The DMD petrochemical plant has an integrated utilities system which includes plants for the
treatment and distribution of raw water, steam/condensate, cooling water, DM water, fire water,
compressed air, nitrogen & CCPP. Whereas offsite facilities includes the storage, receipts &
transfer, loading and unloading of chemicals, products and by-products. The proposed DBN as
well as the proposed new CPVC plant shall utilize the existing utilities during its operations and
no expansion is proposed. However, for the proposed new VCM & PVC plant, new facilities
such as Cooling Tower, Air Separation unit & Compressed air systems are envisaged.
The proposed expansion & debottlenecking at DMD shall not have any significant adverse
impact on the environment setting of the region. In the proposed project, natural gas is used as
fuel for combustion, which is a clean fuel. Hence, emission of SO2 will be negligible, NOx will
be generated from the GC furnaces and such emissions shall be controlled and will be within
stipulated standards. PM emission is envisaged from the process plants, although negligible,
adequate measures shall be in place to control such emissions within stipulated standards.
Adequate systems shall be in place to control fugitive emissions in the form of VOCs envisaged
from proposed project. In the proposed project an additional furnace shall be installed in the GC
and the new VCM plant. The furnace at GC will be equipped with a stack of ~ 38 m & the
furnace at new VCM plant will be equipped with a stack of ~62 m height from the ground level
to disperse the emissions adequately. At the newly proposed CPVC plant, Chlorine scrubbing
system will be installed to prevent accidental release of chlorine into atmosphere. At the new
VCM plant, an incinerator is proposed to burn out the heavy hydrocarbon generated from EDC
cracking process. Adequate control system shall be in placesuch as HCL scrubbing to keep
emissions within stipulated standards. No adverse environmental impact is envisaged due to
withdrawal of water by DMD. The water requirement of ~ 61,484 m3 /d for the proposed project
will be met by Irrigation Dept. & GIDC, Govt. of Gujarat. The wastewater generated from the
proposed project will be treated at the existing wastewater treatment plant. All Hazardous
material are handled as per MSIHC and HWM rules. The existing green belt spread in an area of
~231 Ha shall be strengthen during this proposed project.
The existing manpower at DMD of ~1933 persons would be utilized in the proposed expansion
& debottlenecking activities & for the proposed new plants of CPVC, VCM and PVC & Ethane
Storage Tank ~ 300 persons will be employed on regular basis. During the construction activity
of CPVC, VCM, PVC & Ethane Storage tank local labor from the nearby region will be
employed based on skill sets. The Capex for the proposed project is ~ Rs. 13,250 crores & is
planned to be completed in ~ 27 months from the date of inception.
Exploration & Production
Reliance is one of the largest exploration and production players in India having a
balanced domestic conventional and unconventional hydrocarbon portfolio.
Portfolio Snapshot
RIL’s upstream business comprises the complete chain of activity starting from exploration,
appraisal, development and production of hydrocarbons.
Reliance entered the Exploration and Production (E&P) business by becoming a 30% partner in
an unincorporated joint venture with Shell (erstwhile BG) and ONGC in the Panna Mukta and
Mid and South Tapti blocks. Our domestic portfolio comprises of five conventional oil and gas
blocks in Panna Mukta Tapti (PMT), Krishna Godavari, Mahanadi & Gujarat Saurashtra and two
Coal Bed Methane (CBM) blocks in Sohagpur East and West in Madhya Pradesh.
Oil and gas is currently being produced from our PMT, KG D6 & CBM blocks in India and shale
gas JVs in the US.
RIL and its partners in conventional and Shale Business work closely together and channelize
expertise to target high quality prospects and optimise existing and future development plans.
Petroleum refining and marketing (R&M) is the second link in Reliance's drive for growth
and global leadership in the core energy and materials value chain.
The Jamnagar manufacturing division is the world's largest refining hub. The entire refining
complex was built in a record time at globally competitive capital costs – in fact, at costs much
lower than comparable refineries around the world. Its scale, design, flexibility, level of
automation and degree of integration heralded the way refineries of the future would be built.
The speedy growth of the complex lies at the heart of India's transformation. It has transformed
India from being a net importer of petroleum products to a net exporter, thereby ensuring the
With crude processing capacity of 1.24 million Barrels Per Stream Day (BPSD), the Jamnagar
refinery is a trendsetter and has won several awards, including the prestigious 'International
Refiner Of The Year' award. It also enjoys the distinction of housing some of the world's largest
units, such as the Fluidised Catalytic Cracker (FCC), Coker, Alkylation, Paraxylene,
Fuels from Jamnagar refinery are exported to several countries across the world. This complex
refinery is future ready and can produce gasoline and diesel of any grade. Reliance also has
another refinery – the sixth largest in the world – in the Special Economic Zone at Jamnagar.
Reliance's technical, operational and logistic strengths act as the fulcrum to leverage its
refineries' asset utilisation and optimisation, the key components of the R&M business model.
These strengths, coupled with our highly integrated plants and automated processes, augment our
R&M business's operating efficiencies. Moreover, our refineries are strategically located on the
west coast of India, offering the benefits of low transportation costs for feedstock and proximity
to high-growth markets.
The goal of R&M business is to deliver industry leading returns and be a source of medium-term
Asset
Advantage
High production capacity ensures industry leading capital per barrel.
Dedicated marine facility, giving access to the world's largest crude and product vessels.
Scale of operations and energy efficiency ensure the lowest operating costs, globally.
Asset
Optimisation
Reliance's integrated Supply and Trading team works real-time with the refinery operations to
optimise asset utilisation.
Ability to process all grades of crude oil and meet the increasingly differentiated and more
demanding product specifications.
Our operations ensure access to a very wide variety of feedstock to produce products,
meeting the most stringent specifications globally.
Products
Our refinery at Jamnagar processes a wide variety of crude oils and produces a range of
Products Applications
Petrochemicals
Our petrochemicals business creates more than just products, it generates experiences that
shape and enhance lifestyles.
It is our constant endeavour to develop products that provide world-class experiences to our
customers across a range of applications – packaging, agriculture, automotive, housing, and
healthcare among others.
Our comprehensive solutions such as project identification, new product design, product and
market development, raw material selection and testing – beside a host of 'industry specific'
solutions – have helped us grow into the world's largest integrated producer of polyester fibre
and yarn. Reliance continues to set global benchmarks in product quality, standards and services.
Superior technologies, strong focus on R&D, latest IT-enabled services and end-to-end solutions
across the value chain reinforce our leadership in the industry.
Polymers
We offer a wide range of grades for diverse applications across sectors such as packaging,
agriculture, automotive, housing, healthcare, water and gas transportation, and consumer
durables. Products are also exported to more than 60 countries. Driving our growth is the
Polymer Research and Technology Centre (PRTC), which addresses the diverse needs of our
We also have in place 360º Partnership, a customer-focused approach that ensures sustainable
growth across the value chain. Also called 'Rishta,' this approach helps us to interface with our
customers by sharing knowledge and experience across markets and sectors with our associates.
Polyesters
We are the largest producer of polyester fibre and yarn in the world, with a capacity of 2.5
million tonnes per annum. Having invested significant amounts on R&D in the polyester sector,
our Reliance Technology Centre, Reliance Testing Centre and Reliance Fibre Application Centre
constantly develop and introduce innovative products for the textile industry.
Fiber Intermediates
The Fiber Intermediates Sector at Reliance consists of the Purified Terephthalic Acid (PTA),
Ethylene Glycols (EG) & Ethylene Oxide (EO) businesses. We are amongst the largest global
producers of these products – 4th largest in PTA & 6th largest in EG. We have the largest volume
share in the domestic market for PTA and EG, and are the only merchant supplier of EO in India.
With our world scale plants and best-in-class technology, we are the supplier of choice for our
Indian customers.
Aromatics
Aromatics are cyclic unsaturated hydrocarbons containing one or more Benzene rings. Aromatics
is one of the major product lines of the Petrochemical Sector at Reliance Industries Limited
(RIL).
We have successfully commissioned our new Paraxylene and Benzene facility in 2017; With this
our PX capacity is 4.3 MMTPA and Benzene capacity is 1.4 MMTPA. This takes our combined
Xylenes and Benzene production capacity to 5.7 MMTPA. Further, our Aromatics business also
With our world scale plants, we are a supplier of choice for our Indian and global customers.
Aromatic hydrocarbons have been produced commercially since the early part of the last century.
Initially they were used as mixtures, in solvent applications. Benzene was isolated as an
individual compound by 1850. However the demand for Xylenes increased only after the 1950’s,
when the chemical industry started growing rapidly. Xylenes form the basic raw material for the
production of polyester, which has become the heart and soul of the complete textile industry,
Elastomers
Reliance produces synthetic rubber under the brand names Relflex and Reliance Sibur
Elastomers Pvt Ltd. Our elastomers are used across a variety of applications, including tyres,
Textiles
From its plant at Naroda, Reliance spearheaded the manufacturing and marketing of the
Our manufacturing division at Naroda houses one of the largest and most modern textile
complexes in the world, an achievement recognised by The World Bank. Through Vimal, we
brought in a new era in fabrics. Vimal became not only a flagship brand of Reliance, but also one
of the most trusted in brands the country. It is also the first major retail chain in the country.
Retail
Reliance Retail is the retail initiative of the group and an epicentre of our consumer facing
businesses. It has in a short time forged strong and enduring bonds with millions of consumers
by providing them unlimited choice, outstanding value proposition, superior quality and
Reliance Retail has adopted a multi-prong strategy and operates neighbourhood stores,
supermarkets, hypermarkets, wholesale cash & carry stores, specialty stores and online stores
and has democratized access to all types of products and services across all segments for all
Indian consumers.
Jio
Reliance Jio promises to shape the future of India by providing end-to-end digital solutions
for businesses, institutions and households and seamlessly bridging the rural-urban divide.
Home to the world’s second largest population of 1.2 billion, India is a young nation with 63%
of its population under the age of 35 years. It has a fast growing digital audience with 800
million mobile connections and over 200 million internet users. Reliance thoroughly believes in
India’s potential to lead the world with its capabilities in innovation. Towards that end, Reliance
envisages creation of a digital revolution in India.
Reliance Jio aims to enable this transformation by creating not just a cutting-edge voice and
broadband network, but also a powerful ecosystem on which a range of rich digital services will
be enabled – a unique green-field opportunity.
The three-pronged focus on broadband networks, affordable smartphones and the availability of
rich content and applications has enabled Jio to create an integrated business strategy from the
very beginning, and today, Jio is capable of offering a unique combination of telecom, high
speed data, digital commerce, media and payment services.
Research and Technology Development
Technology has been central to everything Reliance has ever done. From our very first textile
plant to the world’s largest greenfield refinery to our latest telecom business Jio – all utilise the
best available technology to create timeless assets that give long-term returns to stakeholders.
Reliance is actively involved in the development of novel and proprietary catalysts, processes
and products to improve profitability and accelerate our growth. Our company has transitioned
from a smart buyer of technology to a fast customizer of technology and is a flagship developer
which provides business leadership through largely in-house developed technology that creates
significant value. R&D enables the innovation based growth agenda for Reliance.
Our state-of-the-art R&D facilities are headquartered in Navi Mumbai, with regional R&D
Centres spread across India. With a total area of 300,000 square feet including 120,000 square
feet of laboratory space, our R&D centres are among the best equipped in the country. An
impressive array of advanced equipment is available to more than 800 researchers and scientists
round-the-clock.
RIL is making significant progress towards building a robust patent portfolio over the years, in
FY 2018-19 alone there were 49 Indian patent applications filed at Indian patent office.
Financial Reporting
We maintain a valuable relationship and trust
with all our stakeholders by ensuring a
transparent financial reporting system. Our
superior credit profile is reflected in our
relationships with over 100 banks and financial
institutions having commitments with us. Our
financial discipline and prudence is also
reflected in our strong credit ratings.
Credit Rating
Rating
Instrumen Ratin Outlo Remark
Agenc
t g ok s
y
Two
notches
above
Internatio
S&P BBB+ Stable India's
nal debt
soverei
gn
rating
One
notch
above
Internatio Mood
Baa2 Stable India's
nal debt y's
soverei
gn
rating
Highest
CRISI rating
Long- CRISI
L Stable awarde
term debt L
AAA d by
CRISIL
Highest
rating
Long- India Ind awarde
Stable
term debt Rating AAA d by
India
Rating
Subsidiaries and Associates
Reliance encourages its subsidiary companies
to participate in its group-wide Business
Responsibility initiatives on several topics. The
company’s Corporate Social Responsibility
mission is to continue growing as a responsible
organisation that believes in enriching lives of
those around it. All subsidiaries are well-
aligned with the CSR activities under the
Reliance Foundation. RIL’s subsidiaries like
Reliance Retail Limited and Reliance Trading
Limited have participated in various initiatives
across several areas. These include farm
engagement activities, training and skill
development of youth, community
development activities and promotion of
education, among others.
TAX STRATEGY
Introduction
In compliance with relevant provisions of Section 161 and paragraph 22(2) Schedule 19 of the
Finance Act 2016, Reliance Europe Limited, UK sets out its tax strategy for the year ending 31
December 2018. This strategy has been reviewed and approved by the Board of Directors, whose
duty it is to ensure that it remains compliant with UK legislation and it will be periodically
reviewed and amended as necessary.
Reliance Europe Limited is a group entity of Reliance Industries Limited which is a public
traded company listed on the Bombay Stock Exchange and National Stock Exchange of India.
Tax planning is part of our overall strategy and business decision making process, which aims to
maximise sustainable shareholder value, based on commercial business activity. The business
seeks to use applicable tax concessions and reliefs in line with the spirit of the legislation and
will not implement or utilise tax avoidance strategies or seek to exploit ambiguity.
Tax risk is just one of the commercial risks to which the business is subject and management of
this risk aims to ensure that the right amount of tax is paid and that HMRC reporting and
disclosure requirements are met. Tax risk is managed in the same way as any other risk and if
there is uncertainty over tax treatment or interpretation third party advice may be sought, and /
Reliance Europe Limited aims to have an open and transparent relationship with HMRC
providing relevant information to enable HMRC to review possible tax risks in the course of
disclosures, highlighting where significant uncertainty exists in relation to tax matters. Whilst we
would not take a position on our tax affairs that may create reputational risk, where
disagreements arise we would seek to proactively work together to achieve early agreement on
Introduction
In compliance with relevant provisions of Section 161 and paragraph 22(2) Schedule 19 of the
Finance Act 2016, Reliance Jio Infocomm UK Limited, UK sets out its tax strategy for the year
ending 31 December 2018. This strategy has been reviewed and approved by the Board of
Directors, whose duty it is to ensure that it remains compliant with UK legislation and it will be
public traded company listed on the Bombay Stock Exchange and National Stock Exchange of
India.
Reliance Jio Infocomm UK Limited, operates using policies, procedures and controls, which
require compliance with the relevant UK legislation relating to direct and indirect taxes. These
policies, procedures and controls are monitored by the Directors of Reliance Jio Infocomm UK
Limited and tax advisors. At all times, Reliance Jio Infocomm UK Limited, acts in accordance
Tax planning is part of our overall strategy and business decision making process, which aims to
maximise sustainable shareholder value, based on commercial business activity. The business
seeks to use applicable tax concessions and reliefs in line with the spirit of the legislation and
will not implement or utilise tax avoidance strategies or seek to exploit ambiguity.
Tax risk is just one of the commercial risks to which the business is subject and management of
this risk aims to ensure that the right amount of tax is paid and that HMRC reporting and
disclosure requirements are met. Tax risk is managed in the same way as any other risk and if
there is uncertainty over tax treatment or interpretation third party advice may be sought, and /
Reliance Jio Infocomm UK Limited aims to have an open and transparent relationship with
HMRC providing relevant information to enable HMRC to review possible tax risks in the
It is our intention to work collaboratively with HMRC to make fair, accurate and timely
disclosures, highlighting where significant uncertainty exists in relation to tax matters. Whilst we
would not take a position on our tax affairs that may create reputational risk, where
disagreements arise we would seek to proactively work together to achieve early agreement on
Introduction
In compliance with relevant provisions of Section 161 and paragraph 22(2) Schedule 19 of the
Finance Act 2016, Reliance Global Energy Services Limited, UK sets out its tax strategy for the
year ending 31 March 2019. This strategy has been reviewed and approved by the Board of
Directors, whose duty it is to ensure that it remains compliant with UK legislation and it will be
Reliance Global Energy Services Limited is a group entity of Reliance Industries Limited which
is a public traded company listed on the Bombay Stock Exchange and National Stock Exchange
of India.
Reliance Global Energy Services Limited, operates using policies, procedures and controls,
which require compliance with the relevant UK legislation relating to direct and indirect taxes.
These policies, procedures and controls are monitored by the Directors of Reliance Global
Energy Services Limited and tax advisors. At all times, Reliance Global Energy Services
Limited, acts in accordance with a set of ethics that is based upon integrity and transparency.
Tax planning is part of our overall strategy and business decision making process, which aims to
maximise sustainable shareholder value, based on commercial business activity. The business
seeks to use applicable tax concessions and reliefs in line with the spirit of the legislation and
will not implement or utilise tax avoidance strategies or seek to exploit ambiguity.
Tax risk is just one of the commercial risks to which the business is subject and management of
this risk aims to ensure that the right amount of tax is paid and that HMRC reporting and
disclosure requirements are met. Tax risk is managed in the same way as any other risk and if
there is uncertainty over tax treatment or interpretation third party advice may be sought, and /
Reliance Global Energy Services Limited aims to have an open and transparent relationship with
HMRC providing relevant information to enable HMRC to review possible tax risks in the
It is our intention to work collaboratively with HMRC to make fair, accurate and timely
disclosures, highlighting where significant uncertainty exists in relation to tax matters. Whilst we
would not take a position on our tax affairs that may create reputational risk, where
disagreements arise we would seek to proactively work together to achieve early agreement on
Introduction
In compliance with relevant provisions of Section 161 and paragraph 22(2) Schedule 19 of the
Finance Act 2016, IndiaCast UK Limited, UK. sets out its tax strategy for the year ending 31
March 2019. This strategy has been reviewed and approved by the Board of Directors, whose
duty it is to ensure that it remains compliant with UK legislation and it will be periodically
IndiaCast UK Limited, UK., is a group entity of Reliance Industries Limited which is a public
traded company listed on the Bombay Stock Exchange and National Stock Exchange of India.
IndiaCast UK Limited, UK., operates using policies, procedures and controls, which require
compliance with the relevant UK legislation relating to direct and indirect taxes. These policies,
procedures and controls are monitored by the Director of IndiaCast UK Limited, UK. and tax
advisors. At all times, IndiaCast UK Limited, UK., acts in accordance with a set of ethics that is
Tax planning is part of our overall strategy and business decision making process, which aims to
maximise sustainable shareholder value, based on commercial business activity. The business
seeks to use applicable tax concessions and reliefs in line with the spirit of the legislation and
will not implement or utilise tax avoidance strategies or seek to exploit ambiguity.
Tax risk is just one of the commercial risks to which the business is subject and management of
this risk aims to ensure that the right amount of tax is paid and that HMRC reporting and
disclosure requirements are met. Tax risk is managed in the same way as any other risk and if
there is uncertainty over tax treatment or interpretation third party advice may be sought, and /
IndiaCast UK Limited,UK., aims to have an open and transparent relationship with HMRC
providing relevant information to enable HMRC to review possible tax risks in the course of
It is our intention to work collaboratively with HMRC to make fair, accurate and timely
disclosures, highlighting where significant uncertainty exists in relation to tax matters. Whilst we
would not take a position on our tax affairs that may create reputational risk, where
disagreements arise we would seek to proactively work together to achieve early agreement on
Name Designation
Chairman & Managing
Mukesh D Ambani
Director
Nikhil R Meswani Executive Director
P M S Prasad Executive Director
Mansingh L Bhakta Independent Director
Dipak C Jain Independent Director
Adil Zainulbhai Independent Director
Shumeet Banerji Independent Director
Name Designation
Nita M Ambani Non Exe.Non Ind.Director
Hital R Meswani Executive Director
Pawan Kumar Kapil Executive Director
Yogendra P Trivedi Independent Director
Raghunath A
Independent Director
Mashelkar
Raminder Singh
Independent Director
Gujral
Arundhati
Independent Director
Bhattacharya
Source : Dion Global Solutions Limited