At Jhajjar, Haryana
Reliance Industries announced mutual and amicable separation in the agreement for strategic partnership between Reliance Ventures, a wholly owned subsidiary of the Company and Infrastructure Leasing and Financial Services (IL&FS) to co-promote the Model Economic Township (MET) project of Reliance Haryana SEZ (RHSL).The MET project is being developed by Reliance Ventures in the Industrial Model Township framework. IL&FS became a strategic partner in this project in January 2011.
The MET project will continue to be developed in the Industrial Model Township framework on the directly purchased land. Development work has been started over 290 acres of land as an industrial colony. Some Japanese majors have established their manufacturing units in the MET project.
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