Ratnagiri News

Companies

The future of $70 billion Maharashtra refinery in limbo

The project, named Ratnagiri Refinery & Petrochemicals Ltd (RRPCL), which was announced in December 2015, was to be commissioned by2022Delays in the land acquisition had pushed the deadline to 2025

1 min read28 Nov 2019
Industry

Saudi Aramco-backed Ratnagiri refinery may be shifted to Raigad

Firms said to have given consent to move project to Roha, Maharashtra CM may announce shift in AugDelays in land acquisition pushed Ratnagiri Refinery project’s deadline to 2025 from 2022

2 min read11 Jul 2019
Companies

JSW Energy back in black in Q4, posts ₹5.79 crore net profit

The board has also recommended a dividend of Re 1 equity share subject to approval of the shareholdersPower generation rose at the Ratnagiri plant to 1793 million units as the plant operated at a deemed PLF of 80%

1 min read16 May 2019
Industry

Ratnagiri refinery may now come up in Maharashtra's Raigad

Raigad land identified by the Maharashtra government is said to be better than the one in RatnagiriThe refinery project was to be commissioned by 2022, but delays in land acquisition have pushed the deadline to 2025

2 min read21 Feb 2019
Industry

Modi's poll math puts at risk Ratnagiri refinery with Saudi Aramco, Adnoc

Maharashtra decides to relocate Ratnagiri refinery after stiff opposition from Shiv Sena, BJP's ally in the stateThe Ratnagiri refinery, a joint venture of Saudi Aramco, Adnoc and Indian OMCs, is crucial to meet India's oil demand

2 min read19 Feb 2019
Industry

Maharashtra to move planned Ratnagiri refinery after farmers protest

Stare-run oil companies and Saudi Aramco have teamed up to build what would be the country's biggest oil refineryThe announcement comes as Saudi Arabia's Crown Prince Mohammed bin Salman is due to arrive in India on Tuesday

1 min read18 Feb 2019
Industry

Promoters use Panipat, Paradip refineries to sell Ratnagiri project to locals

The RRPCL refinery project, which was announced in December 2015, was to be commissioned by 2022But land acquisition delays have pushed the deadline to 2025

4 min read14 Feb 2019
Companies

Reliance, Saudi Arabia in talks for oil refinery, petrochemical project: Saudi oil minister

Saudi Arabia oil minister Khalid al-Falih discussed the oil refinery plans with Reliance Industries chairman Mukesh Ambani during his visit to Udaipur for the pre-wedding festivities of Isha Ambani's marriage with Anand Piramal

2 min read18 Dec 2018
Industry

SBI may buy out Canara Bank’s loans in Ratnagiri Gas

SBI's purchase of Canara Bank's Ratnagiri Gas loans is expected to be the first resolution under the inter-creditor agreement (ICA), which is part of the government's Project Sashakt aimed at resolving bad loans

2 min read18 Dec 2018
Politics

Maharashtra puts land purchase for Saudi Aramco refinery on hold

Thousands of Maharashtra farmers are refusing to surrender land, fearing it could damage a region famed for its Alphonso mangoes, vast cashew plantations and fishing hamlets that boast bountiful catches of seafood

1 min read29 Nov 2018
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