sequences of reliance petrolium

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“In GOD WE TRUST”

A Project Report on‘Sequences Of Reliance Petrolium’

Submitted BySubmitted To



ManojProf. Harmesh LalB.Com Final Head.oComm.Dept. Roll No. 1106

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I Manoj Kumar , Student of

B.Com Final Submittingthis Presentation on

‘Sequences of Reliance Petrolium’

To Our Opration Research Prof.Harmesh

I am HeartlyThankful to my Subject Teacher

Prof. Harmesh LalAnd Our Respected

Principal Mirs. AmritVarsha who provide

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Us Such a helpulEnviorenment to creat this

Presentation .

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<Concept> <Page no.>

1. Introduction 1-6

2. Sequences 7-8

3. Organisational Structure 9

4. Project Sequences 10-14

5. Merger 15-18

6. Conclusion 18

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To

The Reliance Group, founded by Dhirubhai H.Ambani (1932-2002), is India's largest private sectorenterprise, with businesses in the energy and materialsvalue chain. Group's annual revenues are in excess of US$34 billion. The flagship company, Reliance IndustriesLimited, is a Fortune Global 500 company and is the largestprivate sector company in India.Backward vertical integration has been the cornerstone of

the evolution and growth of Reliance. Starting with textilesin the late seventies, Reliance pursued a strategy of backward vertical integration - in polyester, fibreintermediates, plastics, petrochemicals, petroleum refining

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and oil and gas exploration and production - to be fullyintegrated along the materials and energy value chain.

The Reliance Group's activities span exploration andproduction of oil and gas, petroleum refining and marketingpetrochemicals (polyester, fibre intermediates, plastics and

chemicals), textiles and retail.

Reliance enjoys global leadership in its businesses, beingthe largest polyester yarn and fibre producer in the worldand among the top five to ten producers in the world inmajor petrochemical products.

The Group exports products in excess of US$ 20 billion to108 countries in the world. Major Group Companies areReliance Industries Limited (including main subsidiariesReliance Petroleum Limited and Reliance Retail Limited) andReliance Industrial Infrastructure Limited.

Reliance Industries Limited

Reliance Industries Limited (RIL) is India's largest privatesector company on all major financial parameters with aturnover of Rs. 1,50,771 crore (US$ 29.7 billion), cash profitof Rs. 21,566 crore (US$ 4.3 billion), and net profit(excluding exceptional income) of Rs. 15,607 crore (US$ 3.1billion) as of March 31, 2009.

RIL is the first private sector company from India to featurein the Fortune Global 500 list of 'World's LargestCorporations' and ranks 103rd amongst the world's Top 200companies in terms of profits. RIL is amongst the 30 fastestclimbers ranked by Fortune. RIL features in the Forbes

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Global list of the world's 400 best big companies and in theFT Global 500 list of the world's largest companies. RILranks amongst the 'Worlds 25 Most Innovative Companies'as per a list compiled by the US financial publication-Business Week in collaboration with the Boston ConsultingGroup.

Reliance Petroleum Limited was set upby Reliance Industries Limited (RIL), one of India's largestprivate sector companies based in Mumbai. Currently, RPL isubsidiary of RIL, and has interests in the downstreamoilbusiness. RPL also benefits from a strategic alliance with

Chevron India Holdings Pte Limited, Singapore, a whollyowned subsidiary of Chevron Corporation USA (Chevron),which currently holds a 5% equity stake in the Company.[1]

[edit]Jamnagar Refinery. Refining activities of RelianceIndustries Limited are carried out at the Jamnagar refinerycomplex with refining capacity of 27 million tonnes perannum (540,000 barrels per day).

The refinery is able to process a wide varietyof crudes- from very light to very heavy (from 18 to 45degree API) and from sweet to very heavy (with sulphurcontent from 0 to 4.5%).RPL commenced its crude processing on 25 December2008. The secondary processing units are now undersynchronization and commissioning. The entire refinery

complex is expected to attain full capacity shortly. [when?]

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With an annual crude processing capacity of 580,000 barrels (92,000 m3) per stream day (BPSD), RPL wilbe the sixth largest refinery in the world. It will have acomplexity 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 0.9million metric tonnes per annum.[citation needed ]

The refinery project is being implemented at acapital cost of Rs 270,000 million being funded through amix of equity and debt. This represents a capital cost of less

than US $10,000 per barrel per day and compares veryfavourably with the average capital cost of new refineriesannounced in recent years.[citation needed ]

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Before we continue we have to clear the

exact meaning of Sequences. We all know that today

Business is

a more and more complicated world. All companies , Firms

Organisations , Business Concerns etc. want to earn moreand

more profit. For the fulfillment of their purpose they areusing a

lot of strategies, Business Plans etc.

Among the all these type of business plans

they have to use their work order in a sequence. Only after

the

using their work in a right manner or right sequence theycan

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split their cost and can make their market vast.

Hence , working of a business concern in

a proper sequence is called the ‘Sequences’ of the Concern

Business. So to avoid weaknesses and for survive in today’s

world of complicated businesses they all have to managetheirbusiness in a right & Proper Sequence.

We know that Reliance Petrolium is duly a

large company. It has a lot of large and small workingconcepts

which it have to perform daily in their working life. So it istoo

necessary to perform these all type of small and large typeof

works in a proper way or manner or in a right sequence.Only

these right sequences make Reliance Petrolium a basically

strong Strenth Business concern.

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For the Proper sequence of the work TheReliance Petrolium has the followingOrganisation Structure:-

Board of Directors

Mr. Mukesh D Ambani (Chairman)

Mr. Hital R Meswani

Mr. P M S Prasad

Mr. Y P Trivedi

Mr. M P Modi

Mr. Atul S. Dayal

Mr. Bobby Parikh

Mr. Michael Warwick

Mr. Pawan Kumar Kapil

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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 havecommenced Construction activities gained significant momentumduring the quarter

• Concurrent progress across all units; Skylines have changedramatically

• Pipe racks and foundation works moving rapidly

• Concreting activities nearing its peak; focus shiftingtowards piping work

• Equipment erection activities begun and have gainedsignificant momentum

• Sufficient site infrastructure developed to sustainconstruction on fast track

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Procurement progress

update

Overall procurement progress at 99%

Over 93% of project scope of equipments isalready received at site

Over 5,300 equipments delivered

Deliveries of ODCs and super ODCequipments completed

Balance equipment deliveries on schedule

Deliveries of bulk materials expeditedsuccessfully

94% of tagged items and 85% of bulkmaterials are delivered

93% of piping and 80% of instrumentation of bulks are also at site

Thrust on vendor follow-up for residualdeliveries during the next quarter

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Construction progressupdate

All-round progress achieved – Civil construction is complete – All major equipments, including super heavyequipments, installed at site – Structural steel and pipe fabrication activitiesnearly completed – Near completion of under-ground pipingworks at site – Structural steel erection and above-groundpiping works at an advancedstage of completion

– Hydro-testing activities progressing rapidly

Pre-commissioning activitiesgain

momentum

Start-up planning and operationspreparedness in place Engineering audit nearly completed Critical manpower is already in position and

adequately trained

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Operations & Maintenance contractsawarded; Manuals and proceduresalready in place

Several critical equipments are under pre-commissioning.

RPL to commence export of products in January 2009

MUMBAI, 20th January 2009:

Reliance Petroleum Limited (RPL) hassuccessfullycommenced operations at itscomplex refinery during the quarter.RPLstarted its crude processing on 25th December2008 and achieved successfulproduction of various products. RPL expects to despatch itsfirst parcel of refinery

products in January 2009.

The initial phase of production hasachieved stability. Commissioning activities arenearingcompletion at several of the secondaryprocessing units. Several support units and

utilitiessuch as water, air, nitrogen, steam and powerrequired for the refinery are being operatedsuccessfully. The secondary processing unitsare under synchronisation andcommissioning.

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In completing the state-of-the-art,globally competitive refinery in just 36 months,fromconcept to commissioning, the Companyhas set a new global benchmark for buildinggrass-root refinery of this scale and complexityat a time when many large green-fieldrefinery projects that were announced in theworld have been facing significant delays.

Safety and reliability are critical tooperating large process plants. RPL will take allthe

steps necessary to achieve the higheststandards of safety and reliability in operatingitsfacilities. In view of the recent unfortunateaccident that occurred at the site, RPL hasundertaken the task of reassuring the safety,reliability and integrity of all the units across

the entire complex in conjunction with internalexperts, engineering contractors andequipment suppliers to meet this objective.RPL’s refinery will be one of the highlycompetitive refineries with configuration and

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flexibility to deliver superior returns on asustained basis even in the current marketconditions. RPL is committed to further

investments to enhance the product and yieldflexibility, improve cost competitiveness andability to respond to changing marketconditions.

Scheme of Amalgamationof Reliance Petroleum

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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 freshtreasury stock created• RIL to be a top 10 private sector refiningcompany globally• RIL to become the world’s largest producer of Ultra Clean Fuels at single location• Merger to unlock greater efficiency from scaleand synergies• Merger to be EPS accretive• RIL to have 3.7 million shareholdersMUMBAI, 2 March 2009: The Boards of Directors of Reliance Industries Limited (RIL)and Reliance Petroleum Limited (RPL) todayunanimously approved RPL’s merger with RIL,

subject to necessary approvals. The exchangeratio 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 Rs1,643 crore.Commenting on the merger, Mukesh Ambani,

Chairman and Managing Director,

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Reliance Industries Ltd said: “Thismerger follows Reliance Industries’ philosophy of

creating enduring value for all our stakeholders. It is a significant step inour goal to beamong the largest global corporations.”Merger Benefits and Synergies: The merger will unlock significant operationaland financial synergies that exist between RILand RPL. It creates a platform for value-enhancing growth and reinforces RIL’s positionasan integrated global energy company. The merger will enhance value for shareholdersof both companies. The merger is EPSaccretive for RIL. Through this merger, RILconsolidates a world-class, complex refinery

with minimal residual project risk, whilecomplementing RIL’s product range.

The merger will result in RIL:

• Operating two of the world’s largest, mostcomplex refineries• Owning 1.24 million barrels per day (MBPD) of crude processing capacity, the largest

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refining capacity at any single location in theworld• Emerging as the world’s 5th largest producer

of PolypropyleneMerger Details:Under the terms of the proposed merger, RPLshareholders will receive 1 (one) share of RILfor every 16 (sixteen) RPL shares held bythem. The appointed date of merger of RPL with RIL is1st April 2008.RIL will cancel its holding in RPL.Based on the recommended merger ratio, RILwill issue 6.92 crore new equity shares to theexisting shareholders of RPL. This will result ina 4.4% increase in equity base fromRs 1,574 crore to Rs 1,643 crore.Consequently, the promoter holding in RIL will

reducefrom 49.0% to 47.0%

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In other words we can say that

Reliance Petrolium is a large business entity

which

ensure its working in a single and proper

sequence. We also elaborate that Sequences isthe

main feature for a business in its working field,

only after this the business can grow up.

sequences of reliance petrolium

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