Biznextindia : L&T Hydrocarbon Engineering Limited (LTHE), a wholly-owned subsidiary of Larsen & Toubro, has been awarded a mega project by Hindustan Petroleum Corporation Limited (HPCL). The value of the project is likely to be more than Rs.7000 Crore.
The engineering, procurement, construction and commissioning (EPCC) contract is for setting up a Residue Upgradation Facility (RUF), EPCC-03 Package for Visakh Refinery Modernisation Project (VRMP) at HPCL’s Vizag Refinery. The RUF plant is licensed by Chevron Lummus Global (CLG) with a capacity of 3.55 MMTPA. This plant will enable HPCL to convert the heaviest oils into high-quality Euro 6 diesel while simultaneously eliminating fuel oil production, as well as increasing feedstock and product flexibility. The unit is being implemented for the first time in India.
The contract is awarded through an international competitive bidding on Lump Sum Turn Key (LSTK) basis and is part of HPCL’s ongoing Visakh Refinery Modernization Project wherein LTHE is already executing two packages, namely Crude Distillation Unit / Vacuum Distillation Unit and Full Conversion Hydrocracker Unit.