Finance News

Reliance to start new refinery in 3-6 mths

MUMBAI (Reuters) - India's leading petrochemical producer and refiner, Reliance Industries Ltd, will commission its new refinery and Krishna-Godavari Basin gas fields in 3-6 months, Chairman Mukesh Ambani said on Thursday.

The 580,000 barrels a day refinery is being built by unit Reliance Petroleum Ltd, 5 percent owned by Chevron, in Jamnagar in Gujarat.

The Krishna-Godavari basin is off India's east coast.

(Reporting by Hiral Vora)