Punj Lloyd announces three new contract wins worth Rs 1595 crore

abarrelfullabarrelfull wrote on 25 Nov 2010 06:54
Tags: contracts india iocl paradip punj-lloyd refinery


Punj Lloyd Group, the diversified global engineering, procurement and construction (EPC) conglomerate, today announced three new contract wins valued at Rs 1595 crore -
  1. Order from Indian Oil Corporation Limited worth Rs. 1123 crore for the Paradip Refinery Project
    1. The scope of work includes the design, engineering, procurement, construction and commissioning of Kero Treatment Unit, Sulphur Recovery Unit, FCC LPG Treatment Unit, FCC Light Naphtha Treatment Unit, Alkylation Unit, Butane Isomerisation Unit, Spent Acid Regeneration Unit and Flue Gas Desulphurisation Unit for the Lumpsum Turnkey Package B of the IOCL Paradip Refinery Project. The government has designated the project as a fast track one. Construction will be executed over a period of 21 months.
    2. A 15 MMTPA grassroot refinery, Paradip Refinery will have a Hydrocracker Unit, a Delayed Coker Unit and other secondary processing facilities apart from a Crude and Vacuum Distillation Unit. This will be the most modern refinery in India with a nil-residue production. The project will enhance the supply of distillates viz. LPG, Naphtha, MS, Jet/Kero, Diesel and other products, in the eastern part of the country. The complex will generate intermediate petrochemicals feedstock.
  2. Order from Harouge Oil Operations in Libya worth Rs. 288 crore
    1. Punj Lloyd has secured an order worth Rs. 288 crore from Harouge Oil Operations in Libya. The scope of work includes the design, engineering, procurement and construction of a new oil storage complex at Ras Lanuf Export Terminal and other associated facilities.
    2. The completion time for the project is 16 months.

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