Describing the development as a major event, Dr. U D Choubey, CMD, GAIL said, “This is an important milestone for both the companies. It is also an extension of the concept of working together, which took shape with the signing of the co-operation MoU in the Natural Gas sector between GAIL and RIL earlier this year. The MoU signed is the beginning of co-operation in the area of petrochemicals.”
Speaking on the occasion, Mr. Mukesh D. Ambani, Chairman and Managing Director, RIL echoed the feelings of GAIL CMD on the need to work together.
He said, “GAIL and RIL are India's leading companies in the energy and infrastructure sector. The decision will enable us to look for opportunities globally on a competitive scale for the petrochemical business which will further strengthen India's position on the global map.”
Reliance Industries Limited
marketing@alchempro.com
