RIL Plans Power Foray With Mining, Coal-To-Oil Projects

Reliance Industries (RIL) has chalked out an elaborate plan to venture into the power business. The plan includes an integrated project comprising coal mining, a coal-to liquid (CTL) plant, a 1,000-mw power plant based on coal rejects and a fly-ash utilisation unit.
The company has entered into a pact with US energy majors ExxonMobil and Headwaters, [...]

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