L&T bags Rs 576 Crore order from HPCL
Larsen & Toubro Ltd (L&T) has announced that the Company has been awarded a Rs 576 crore order by Hindustan Petroleum Corporation Ltd (HPCL).
HPCL has awarded L&T a large project order of 200,000 Tonnes per annum Lube Oil Base Stock (LOBS) Plant consisting of Raffinate Hydrotreating Unit (RHT), Mobil Selective Dewaxing Unit (MSDW) & Hydro Finishing Unit (HF). This would enable HPCL to produce high quality Group II & III Lube Oils, which are higher value-added petroleum products.
HPCL, which operates one of its biggest refineries located at Mahul, Mumbai in the state of Maharashtra, India, intends to set up this LOBS Plant as a part of their Quality Upgradation project and have awarded the order on Lumpsum Turnkey (LSTK) basis to L&T. Jacobs Engineering India Pvt Ltd has been retained by HPCL to provide services for Project Management Consultancy (PMC) and ExxonMobil Research and Engineering (USA) is the process licensor.
The scope of work for this prestigious LSTK order, valued at INR 576 Crore, includes Residual Process Design, Detailed Engineering, Procurement, Supply, Transportation, Storage, Fabrication, Inspection, Construction, Installation, Testing, Mechanical Completion, Pre-Commissioning, Commissioning and Performance Guarantee Test Runs for the said Project.
The order was bagged by L&T’s E&C Division’s Refinery Projects Business Unit against keen competition on the strength of its track record of having executed several high operating pressure refinery projects, meeting exacting refinery quality requirements and conforming to stringent delivery schedules
