{"id":367189,"date":"2020-08-10T12:16:10","date_gmt":"2020-08-10T06:46:10","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=367189"},"modified":"2020-08-10T13:19:11","modified_gmt":"2020-08-10T07:49:11","slug":"15-year-plan-to-convert-reliance-into-new-energy-company-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/15-year-plan-to-convert-reliance-into-new-energy-company-2\/","title":{"rendered":"15-year plan to convert Reliance into new energy company"},"content":{"rendered":"<p>Billionaire Mukesh Ambani&#8217;s Reliance Industries Ltd has a 15-year vision to build itself as a new energy company that aims to recycle CO2, create value from plastic waste and has an optimal mix of clean and affordable energy, analysts said. <\/p>\n<p>While the oil-to-chemical conglomerate has in recent times seen a focus on the consumer business, RIL&#8217;s core oil-to-chemical (O2C) business is well placed to generate sustained free cash flow, BofA Securities said in a report.<\/p>\n<p>&#8220;Until demand normalises, RIL is looking to maximise throughput, focus on the cost by leveraging deep petrochemical integration and continue to focus on domestic fuel marketing,&#8221; it said.<\/p>\n<p>Future of O2C is new energy company and partnerships.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Billionaire Mukesh Ambani&#8217;s Reliance Industries Ltd has a 15-year vision to build itself as a new energy company that aims to recycle CO2, create value from plastic waste and has an optimal mix of clean and affordable energy, analysts said. While the oil-to-chemical conglomerate has in recent times seen a focus on the consumer business, RIL&#8217;s core oil-to-chemical (O2C) business is well placed to generate sustained free cash flow, BofA Securities said in a report. &#8220;Until demand normalises, RIL is looking to maximise throughput, focus on the cost by leveraging deep petrochemical integration and continue to focus on domestic fuel [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[146,130,234],"tags":[],"class_list":["post-367189","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-power-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/367189","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=367189"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/367189\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=367189"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=367189"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=367189"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}