Project News Details
Punj Lloyd wins Haldia Refinery EPCC Package from IOC
Diversified global conglomerate, Punj Lloyd has announced receiving a lump-sum turnkey contract for the EPCC Package 2 at Haldia Refinery, West Bengal from Indian Oil Corporation Ltd (IOCL) for a value of Rs 1094 crore.
The scope of work for the project involves the Residual Process Design, Detailed Engineering including HAZOP study, engineering, procurement, construction and commissioning of the Sulphur Block comprising the Sulphur Refinery Unit (SRU), Amine Regeneration Unit (ARU), the Sour Water Stripper (SWS) including the Utilities and Offsite facilities. This project falls under IOCL’s prestigious ‘Aishwariya’ project. IOCL’s Haldia project aims to upgrade Black Oil, mainly High Sulphur Fuel Oil to higher value products like diesel and LPG which will lead to subsequent improvement in Gross Refinery Margins. It will also produce improved quality diesel, conforming to BS-IV specifications as a measure towards environmental protection.
Speaking on this landmark achievement, Managing Director and Group CEO, J P Chalasani said, “We are extremely pleased to receive this order as we have a strong track record in Process, particularly in Sulphur Blocks. For IOCL itself, Punj Lloyd has constructed the Sulphur Block of the Mathura, Guwahati and Koyali refineries, taking this relationship with IOCL as far back as 1998.
This is a challenging assignment as we need to work in a running refinery.” Though Punj Lloyd has extensive experience in almost every Process unit including Delayed Coker, Visbreaker, Hydrogen and Hydrocracker, Sulphur Block, MSQ up-gradation, its expertise in Sulphur Blocks is particularly extensive with the company having built the Sulphur Block for BORL’s (Bharat Oman Refinery) grass root Bina refinery, CPCL’s (Chennai Petroleum Corporation) Manali refinery, Kochi refinery and HPC’s (Hindustan Petroleum Corporation) Mahul refinery.
At the Haldia refinery, Punj Lloyd has delivered complex refinery units; the MSQ upgradation, Hydrogen Generation and Hydrocracker Unit. Located on the bank of the river Hoogly at Haldia in East Midnapur district of the state of West Bengal, Haldia Refinery is fourth in the chain of the existing seven refineries of IOCL in the country. The refined products help meet the demand of the eastern region of India. With this new win, the Group’s order backlog stands at Rs. 20,978 crores. The order backlog is the value of unexecuted orders on June 30, 2015 plus new orders received after that date.
L&T Bags 1700 Cr. International EPC Order for 400 MW Gas Based Power Plant in Bangladesh
Larsen & Toubro (L&T) has received an order valued at around 1700 Crores from Marubeni Corporation, Japan, for setting up the Bibiyana III 400 MW Combined Cycle Power Plant Project of Bangladesh Power Development Board (BPDB).
BPDB awarded the EPC contract for setting up the 400 MW gas based power plant project to Marubeni Corporation of Japan, which in turn awarded the EPC sub-contract to L&T on turnkey basis. This plant will be located at Nabiganj Upzila in H...
IOC Planning Petrochemical Plant in Iran
As per the reports in the media, Indian Oil Corp. (IOC) is planning to build USD 3 billion petrochemicals plant in Iran which will have access to cheap natural gas as its feedstock.
India is planning investments in energy infrastructure in Iran. This includes ports and upstream gas production.
IOC is looking at petrochemicals to drive growth. The company is planning an investment of around USD 4.5 billion in coming years to expand its business.
DoNER launches e-portal for Northeast projects
Union Minister of State (Independent Charge) for Development of North Eastern Region (DoNER) Dr, Jitendra Singh launched a new hi-tech online “e- Portal” for submission, surveillance and follow up of development projects relating to Northeast falling under the category of Non-Lapsable Central Pool of Resource (NLCPR).
Speaking on the occasion Dr. Jitendra Singh said, he was glad to note that DoNER is one of the first Ministries to have opted for hi-tech method of submission of projects and th...