News: Reliance plans $5.5 bln Indian economic zone

(RTR 19/06/2006) Chandigarh - India's top petrochemicals firm, Reliance Industries Ltd., said on Monday it planned to invest 250 billion rupees ($5.5 billion) in a special economic zone in Haryana.

The deal includes building a 2,000-megawatt power plant, an international cargo airport, an inland container depot and a dry port, the company said in a statement.

India, Asia's third-largest economy, approved a law last year paving the way to set up special economic zones to boost exports, attract foreign direct investment and help setting up world-class infrastructure within these areas.