L&T has won a mega project from Hindustan Petroleum Corporation Ltd (HPCL). The mega project bagged by L&T Hydrocarbon Engineering Ltd (LTHE) is worth over Rs 7,000 crore and entails setting up a residue upgradation facility. The project will be completed on an engineering, procurement, construction and commissioning (EPCC) basis.
The project is for setting up a residue upgradation facility for Visakh Refinery Modernisation Project at HPCL Vizag Refinery. The residue upgradation facility is licensed by Chevron Lummus Global with a capacity of 3.55 MMTPA.
The 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 contract is awarded through an international competitive bidding on lump sum turn key basis and is part of HPCL’s ongoing Visakh Refinery Modernisation project wherein LTHE is already executing two packages.
L&T has a proven track record of over 25 years in refinery and petrochemical sector and bagging this contract from HPCL reinforces our integrated capabilities in executing critical plants for the sector.