RIL secures ECA facility of USD 550 million.

Reliance Industries has tied up Export Credit Agency (ECA) facility of up to USD 550 million co-financed by Japan Bank for International Cooperation (JBIC) and a group of other Japanese Banks backed by Nippon Export and Investment Insurance (NEXI) to part finance the proposed expansion of its petrochemical plants and setting up new gasification plant and refinery off-gas cracker over the next two to three years.

BS