{"id":451744,"date":"2021-11-25T08:32:50","date_gmt":"2021-11-25T03:02:50","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=451744"},"modified":"2021-11-25T10:40:01","modified_gmt":"2021-11-25T05:10:01","slug":"ril-board-decides-to-restructure-repurpose-gasification-assets","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ril-board-decides-to-restructure-repurpose-gasification-assets\/","title":{"rendered":"RIL board decides to restructure, repurpose gasification assets"},"content":{"rendered":"<p>Reliance Industries Ltd&#8217;s Board on Wednesday decided to implement a &#8216;Scheme of Arrangement&#8217; to transfer the &#8216;Gasification&#8217; undertaking into a wholly-owned subsidiary (WOS).<\/p>\n<p>&#8220;RIL targets to have a portfolio which is fully re-cyclable, sustainable and net carbon zero. This will be achieved by transitioning to high value materials and chemicals with renewables as the source of meeting its energy requirements,&#8221; the company said in a statement. <\/p>\n<p>&#8220;As RIL progressively transitions to renewables as its primary source of energy, more &#8216;syngas&#8217; will become available for upgradation to high value chemicals including &#8216;C1 chemicals and hydrogen&#8217;.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reliance Industries Ltd&#8217;s Board on Wednesday decided to implement a &#8216;Scheme of Arrangement&#8217; to transfer the &#8216;Gasification&#8217; undertaking into a wholly-owned subsidiary (WOS). &#8220;RIL targets to have a portfolio which is fully re-cyclable, sustainable and net carbon zero. This will be achieved by transitioning to high value materials and chemicals with renewables as the source of meeting its energy requirements,&#8221; the company said in a statement. &#8220;As RIL progressively transitions to renewables as its primary source of energy, more &#8216;syngas&#8217; will become available for upgradation to high value chemicals including &#8216;C1 chemicals and hydrogen&#8217;.&#8221;<\/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":[135,130,169],"tags":[],"class_list":["post-451744","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/451744","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=451744"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/451744\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=451744"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=451744"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=451744"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}