History:

Founding –

Reliance Petroleum Limited (RPL) is a subsidiary of Reliance Industries Limited. RPL was initiated in 2005 to harness the tremendous value creation opportunity in the global refining sector by RIL. RPL was created in order to set up a Greenfield petroleum refinery and polypropylene plant in the SEZ at Jamnagar in Gujarat. It is strategically located next to RIL’s refinery and petrochemicals complex to synergize the highly complex refinery with one of the world’s largest and most efficient complex.

Important past events –

RPL’s commencement has managed to place RIL in the league of the largest refiners in the world in terms of complex refining capacity and revenue potential. Jamnagar has emerged as the ‘Refining Hub of the World’ with the successful completion of the RPL refinery. It is the largest refining complex with an aggregate refining capacity of 1.24 million barrels of oil per day in any single location in the world. The RPL refinery has been completed in 36 months from concept to commissioning which is a record for building a grass-root refinery of this complexity and scale. This was achieved by enhancing project management skills of the Reliance Group along with top-notch implementation partners like Bechtel, UOP and Foster Wheeler amongst others.
As of September 11, 2009 RPL now stands amalgamated with RIL.

Product/Business Divisions – Petroleum Refinery

Corporate Structure:

The company’s boards of directors include Mukesh D. Ambani who is also the chairman, Hital R. Meswani, PMS Prasad, Y.P. Trivedi, M.P. Modi, Atul S. Dayal, Bobby Parikh, Michael Warwick and Pawan Kumar Kapil.

Mr. Hital R. Meswani has the overall responsibility of the Petroleum Division as well as manufacturing and project activities of the Reliance Group including Jamnagar, Patalganga and Hazira complexes. Mr. PMS Prasad heads the upstream and refining business that includes exploration and production, refining and supply and aromatics. He has also been the project head of the Jamnagar refinery and petrochemicals complex. Mr. Pawan Kumar Kapil is the site president of the petrochemicals complex of Reliance Industries Limited at Jamnagar.

Stock : Listing and Performance over time –
Between Rs.150 and Rs. 130 on BSE and NSE

Key Data:

Slogans/Mission Statements
Slogan: “Refining Life. Redefining Growth.”

Subsidiaries: None

Sponsorships: Only as part of Reliance Group