** Sagar Sandesh print version ceases to be published from December 31, 2017. New look E-paper would be available from Jan. 1, 2018 onwards. free of cost.**

Engineers India Ltd bags Rs 2,500 cr vizag refinery renovation project

Hindustan Petroleum Corporation Limited (HPCL) has awarded Rs 2500 crore worth of vizag refinery renovation project to Engineers India Limited (EIL), says a release on 9th January 2017. EIL shall execute this project contract under two separate contracts, namely “Project Management Consultant (PMC) services for major process units and packages under U&O” and Execution of Use and Occupancy (U&O) and Petroleum Refinery Unit(PRU) revamp on Open Book Estimate (OBE) basis. The total project schedule is 43 months for mechanical completion. HPCL Vizag Refinery is proposed for modernization and expansion from the existing 8.33 MMTPA to 15 MMTPA under Vizag Refinery Modernization Project (VRMP) along with fuel quality upgradation to BS-V. With paramount objective to minimize the bottoms and improve the margins, the proposed configuration considers state-of-the-art bottom upgradation unit.

The proposed VRMP is the brownfield expansion coming up in the existing premises of HPCL in contiguous area on the east side of existing refinery created after re-siting HPCL marketing terminal and LPG bottling plant and in the plot area available towards north of existing refinery(next to HPCL-Additional Tankage Project, ATP).  The land adjacent to ATP area of Refinery is a leased plot acquired from Visakh Port Trust (VPT) and is already under HPCL possession. Out of 167.5 acres, 122.8 acres land is located inside the refinery premises and a balance 44.7 acre of land is located in ATP plot including VPT plot III. Additional 67.5 acres is earmarked for green belt.

HPCL is a government of India enterprise with a Navratna status, and a Forbes 2000 and Global Fortune 500 company. HPCL owns and operates 2 major refineries producing a wide variety of petroleum fuels & specialties, one in Mumbai (West Coast) of 6.5 Million Metric Tonnes Per Annum (MMTPA) and the other in Vizag (East Coast) with a capacity of 8.3 MMTPA. The company also owns and operates the largest lube refinery in the country producing lube base oils of international standards. HPCL in collaboration with M/s Mittal Energy Investments Pte Ltd is operating a 9 MMTPA capacity refinery at Bathinda in Punjab and also holds an equity of about 16.95% in the 15 MMTPA Mangalore Refinery and Petrochemicals Ltd(MRPL).

EIL is one of India’s leading consultancy EPC companies in Hydrocarbons and petrochemicals. The company provides services from concept to commissioning covering project implementation services, Turnkey contracts and specialist services. The company also has overseas presence in Middle East, North Africa and South East Asia.

Copyright © 2017 PORT TO PORT - Shipping Services Portal ( Sagar Sandesh ). All rights reserved.

Follow Us