 "L&T Hydrocarbon bags Rs 1100 crore order for Indian Oil's cracking unit")
L&T Hydrocarbon Engineering (LTHE), a wholly owned subsidiary of Larsen & Toubro (L&T), has bagged an onshore EPC contract from Indian Oil Corporation Limited (IOCL) worth around Rs 1100 crores for setting up a 0.740 MMTPA fluidised cracking unit (FCC) including LPG treatment facility at its Bongaigaon Refinery, Assam. At present, IOCL's Bongaigaon refinery has a capacity of 2.35 million metric tonne per annum (MMTPA).
March last year, Indian Oil Corporation had announced its plan to set up Indmax FCC unit (including LPG treatment) of 0.740 MMTPA with an investment of Rs 2582 at its Boanaigaon refinery. The new unit is part of IOCL’s Hydrocarbon Vision 2030 for North-East which aims at doubling oil & gas production by 2030.
Indmax technology, developed by IOCL to produce high yield of light olefins and high octane gasoline from various petroleum fractions, is more competitive and highly suitable for heavy feed contaminated with metals. This process has also been optimised to enhance propylene yield from paraffinic VGO (vacuum gas oil) feedstock.
While Indmax of 0.1 MMTPA capacity was set-up at Guwahati refinery as the pilot project, IOCL commissioned 4.27-MMTPA Indmax unit at Paradip refinery in December 2015.
As per the contract, LTHE’s scope of work covers extended basic engineering, detailed engineering, procurement, supply, transportation, storage, fabrication, inspection, construction, installation, testing, mechanical completion, pre-commissioning and commissioning of the unit.
The process licensor for the Indmax unit is Lummus Technology Inc. For the LPG treatment unit, the process licensor is Merichem, USA. LTHE has the distinction of executing all Indmax FCC Units including IOCL’s Guwahati and Paradip refineries.
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