Reliance Petroleum (RPL) surged 4.89 per cent to Rs 180.10 after its parent company, Reliance Industries, said it will commission the greenfield RPL refinery in H2 FY09.

<tr><td><p class='TableClas'></p><P class='TableClas'> <DIV CLASS=rightDiv><script language="JavaScript">
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		<script type="text/javascript" src="http://pagead2.googlesyndication.com/pagead/show_ads.js">
		</script> </DIV><p class='TableClas'>Reliance Industries, which holds 70.38 per cent stake in RPL, said that RPL would incur a daily capital cost of less than $10,000 a barrel in constructing its Jamnagar refinery, which is half the cost of setting up similar refineries globally. 
</p><p class='TableClas'>The stock witnessed the second largest turnover on the BSE, with volumes of 2.3 million shares as against the two-week average of 10 million shares. </P></p></table>


RPL hots up as refinery project is on schedule

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