L&T wins HPCL's Rs.576 crore order
India's engineering and construction major, Larsen & Toubro Ltd. (L&T) has announced that it has won an order worth Rs.576 crore ($145 million) from state-run refiner, Hindustan Petroleum Corp Ltd., (HPCL).
L&T bags Rs.1250 crore Mumbai High South deal from ONGCAccording to a release, HPCL has awarded a large project order of 2,00,000 tonnes per annum Lube Oil Base Stock (LOBS) plant consisting of Raffinate Hydrotreating Unit (RHT), Mobil Selective Dewaxing Unit (MSDW) & Hydro Finishing Unit (HF) to L&T.
HPCL, which operates one of its biggest refineries at Mahul, Mumbai, 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, the release added. This would enable HPCL to produce high quality group II and III lube oils, which are higher value-added petroleum products.
The scope of work for this LSTK order includes residual process design, detailed engineering, procurement, supply, transportation, storage, fabrication, inspection, construction, installation, testing, mechanical completion and pre-commissioning and performance guarantee test runs for the project.
HPCL has retained Jacobs Engineering India to provide services for project management consultancy and US's ExxonMobil Research and Engineering as the process licensor.
L&T's engineering and construction (E&C) division's Refinery Projects Business Unit bagged the order 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.
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