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Q.

How rpl can help to grow indian economy ?

Asked by sheru, 27 Aug '08 11:06 am
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Answers (4)

1.

Once the production starts before end of the year the outcome is 5.8 lac barrels per day.

i am trying to do a simple maths here.
if profit is \$15 per barrel.then580000 bpd =8700000\$ per day.
which is 3175500000\$ per anum
which is 13337.10 INR crore per anum (@42)
total shares of RPL = 450, CRORE
earning per share =29.63 INR
at P.E =10
RPL should trade at RS.300 - Rs.450 - as per the estimate MAR 2009 -
Answered by Sudhakaran, 29 Aug '08 02:51 pm

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2.

RPL will help indian economy to grow up by bringing funds, see below report published in a news paper
Indias Reliance Petroleum Ltd seals \$3bn Iraq deal
Indias oil firm RPL has agreed a \$3bn (1.63bn) oil services contract with the government of Iraq.
The two parties renegotiated a deal to pump oil from the Ahdab oilfield, the Iraqi oil minister said.
Under the new deal, output from the oilfield will be 110,000 barrels per day, up from the 90,000 barrels forecast in the original deal.
The deal is the first major oil contract with a foreign firm since the US-led war in Iraq, reports say.
As security improves, Iraq - which has some of the biggest oil reserves in the Middle East - is trying to bring in foreign oil companies to boost crude output.
It needs billions of dollars of investment after years of war and sanctions.
Other foreign oil companies, such as CNPC, Royal Dutch Shell and Exxon Mobil, are also negotiating deals with the Iraqi government.
The Iraq government s ...more
Answered by Rakesh Shah, 29 Aug '08 11:42 am

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3.

THURSDAY, 28 AUGUST, 2008
RPL refinery achieves 100% overall progress in just 2 yrs 8 months

Reliance Petroleum Limited (RPL) has successfully completed the implementation of its complex refinery, coming up in a Special Economic Zone at Jamnagar. RPL has achieved 100% overall progress in just 31 months since commencement of the Project. Based on the progress so far, RPL is on course to complete the project ahead of its initial schedule of December 2008 and want to start production in September 2008.
During the quarter, project implementation gained further momentum and led to achievement of several significant milestones;
Commissioning activities are nearing completion with in 1 week.
Overall construction progress crossed the 100% mark for the complex.
Successful completion of this massive engineering effort in less than two years has set a new global record in the refining sector. It also reflects the success of a team effort that involved over 7,500 engineers, working from ...more
Answered by CNBC, 28 Aug '08 12:32 pm

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4.

As any other refinary. Nothing more special, simply being that of Ambani's
Answered by Raghesh Mony, 27 Aug '08 11:09 am

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