IOCL鈥檚 Panipat refinery expansion project will increase refining capacity from 15 million tonnes/year to 25 million tonnes/year to meet the growth in demand of petroleum products.
L&T鈥檚 engineering, procurement, construction, and commissioning contract will involve setting up a residue hydrocracker unit, under license from French company Axens, with a capacity of 2.5 million tonnes/year.
It also involves upgrading the vacuum residue to produce high-value commercial products, mainly diesel. The contract is awarded through international competitive bidding on a lump sum turnkey basis.
Subramanian Sarma, L&T鈥檚 director and senior executive vice president (energy) said, 鈥淲e are very delighted to be part of this large expansion project鈥� We are fully committed to delivering the complex process units with high standards of health, safety and quality.鈥�
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