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NEW DELHI, Sept 23: Indian petrochemicals giant Reliance Industries Ltd will invest $5.5-6 billion to nearly double the capacity of the country’s largest refiner by 2009, a report said on Friday.
The company plans to boost capacity at its Jamnagar oil refinery to 60 million tons from 33m tons, the Press Trust of India said. Most of the expanded capacity would be for export to markets in North and South America, Gulf countries, Europe and some countries in Africa, an official said.—AFP
