Reliance Industries on Sunday, December 29, pulled out an old video of Chairman and Managing Director Mukesh Ambani from its internal archives to commemorate the 25th anniversary of its Jamnagar oil refinery.
The company posted a video on social media platform X featuring a very young Mukesh Ambani being photographed in the background of the Jamnagar refinery.
Mukesh Ambani said in a video: “Jamnagar has proven beyond a shadow of a doubt to the world that if you can dream it, you can achieve it.”
“The Making of Marvel. Discover the extraordinary vision and unparalleled scale behind the establishment of the Jamnagar Refinery. From groundbreaking innovations to record-breaking construction, discover how the wonder was created. ” Reliance said in a post on Platform X.
Reliance is taking the opportunity to showcase its facilities. In the video, Ambani also spoke about his father Dhirubhai Ambani’s vision behind infrastructure development.
“My father Dhirubhai Ambani’s vision is exactly that and it is instilled in each of us that whatever we do, we have to be world class,” Mukesh Ambani said.
Reliance Industries stock ended 0.36% higher. INR1,220.95 after Friday trading. INRThe previous closing price was 1,216.60.
About Jamnagar Refinery
Reliance Industries’ Jamnagar refinery completed 25 years on Sunday, December 28th. The company launched its first refinery on December 28, 1999 in Jamnagar, Gujarat.
According to Reliance, the Jamnagar refinery currently produces 1.4 million barrels per day and processes 247 different grades of crude oil or feedstock from various locations around the world.
The company invested $3.5 billion in capital costs in 1999 to build its first facility on 5,000 acres of barren land. The refinery has contributed to reducing India’s imports of refined petroleum products and has also contributed to increasing the country’s exports of refined petroleum products to foreign countries.
According to the company’s emissions targets, the Jamnagar refinery is yet to achieve net-zero emissions standards by the targeted year 2035.