RIL to demerge subsidiary RPPMSL's EPC business, combine it with its own

The demerged undertaking, together with the existing EPC team of RIL, will create a focused EPC undertaking to cater to the needs of the group

The board of Reliance Industries on Friday approved a plan to demerge the engineering, procurement and construction (EPC) and infrastructure undertaking of its subsidiary Reliance Projects and Property Management Services (RPPMSL).

After the demerger, this undertaking, together with the existing EPC team of RIL, would create a focused EPC undertaking to cater to the needs of the group, the company said.

As of now, EPC resources of RIL are spread across different operating entities. RIL has a team of 4,000 engineers with expertise across engineering, procurement, project management and construction, while RPPMSL also has a team of 20,000 professionals.