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RIL aims to commission $35 billion projects in FY 17

Equitypandit_RIL

Reliance Industries (RIL) has been aiming to commission projects with a total investment of $35 billion in 2016-17.

The company has said in its annual report for 2015-16 that these projects includes petrochemical expansion projects that would place RIL among the top 10 global producers in that sector.

The shareholders’ of RIL have also provided their approval for raising Rs 10,000 crore through non-convertible debentures (NCDs) this fiscal year.

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