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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
I am Heartly
Thankful to my Subject Teacher
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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
5. Merger 15-18
6. Conclusion 18
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To
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and oil and gas exploration and production - to be fully
integrated along the materials and energy value chain.
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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.
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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]
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Before we continue we have to clear the
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split their cost and can make their market vast.
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As we apply this sequences concept on
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For the Proper sequence of the work The
Reliance Petrolium has the following
Organisation Structure:-
Board of Directors
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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
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Procurement progress
update
� Overall procurement progress at 99%
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Construction progress
update
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.
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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.
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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.
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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.
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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
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