RIL Rolls Out PVC Annual Procurement Policy for FY 2025-26: Explained

RIL’s APR policy offers multi-tiered discounts based on monthly, quarterly, and annual lifting performances. A minimum annual purchase of 180 MT is required to qualify for the program. The total discount ranges from ₹1,100 to ₹1,500 per metric ton, distributed as follows:

• Monthly: Upto avg. ₹700/MT based on lifting between 7%–10% of the APR.
• Quarterly: Upto avg. ₹300/MT for lifting between 21%–30%.
• Annual: Avg. ₹300/MT for achieving at least 82% of the committed quantity.

Policy Expected to Streamline PVC Supply Chain in FY 2025-26

• Buyers not meeting the 100% target can still avail proportional annual discounts, provided they lift at least 82% of their committed volume.
• RIL expects this structured procurement approach to streamline demand visibility and secure more stable supplies throughout FY 2025-26. The policy supports new entrants and APR enhancements on a pro-rata basis, ensuring participation flexibility throughout the year.
• Dealers and customers must confirm their APR quantity by 20th April 2025, and approvals must be in the system by 25th April 2025. Discounts will be disbursed as post-sale credit notes—monthly, quarterly, and annually—ensuring timely financial benefits.
• With clearly defined guidelines and performance-based benefits, RIL’s APR policy signals its strategic intent to strengthen partnerships and stabilize domestic PVC distribution.

Click here to check the detailed policy.

Demand-Supply Flexibility Built-In

To accommodate operational uncertainties, the policy introduces flexibility in the form of permissible deviations. For example, buyers are allowed one relaxation in monthly lifting down to 5% and one quarterly relaxation down to 19%. Additional relaxations can be considered for scenarios like:

• Material non-availability (MNA)
• Non-dispatch (MND)
• Truck unavailability (short dispatch)
• Order cancellation after placement

All cases must be approved through designated authority chains (e.g., BH & BA, RM & RA). Discounts in such cases will still be applicable for all executable orders.