L&T Hydrocarbon Wins 1100 Crore Order for Indian Oil's Cracking Unit
Mumbai, India: L&T Hydrocarbon Engineering (LTHE) has announced that it has bagged an onshore EPC contract from Indian Oil Corporation Limited (IOCL) worth around ` 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).

Last year, Indian Oil Corporation had declared its plan to set up Indmax FCC unit (including LPG treatment) of 0.740 MMTPA with an investment of 2582 at its Bongaigaon refinery. The new unit is part of IOCL's Hydrocarbon Vision 2030 for North-East which targets at expanding 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 exceedingly suitable for heavy feed contaminated with metals. This process has also been enhanced to enrich 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.