By: ICN Bureau
Last updated : September 09, 2022 8:21 am
The award is for 270 KTPA Catalytic Dewaxing Unit (CDWU) for their Baroda Refinery, Gujarat in India.
Indian Oil Corporation Limited (IOCL) has awarded an EPC contract to thyssenkrupp Industrial Solutions India (tkIS India) in the range of approximately US $75 Million for 270 KTPA Catalytic Dewaxing Unit (CDWU) for their Baroda Refinery, Gujarat in India.
The CDWU is an important unit in the production of lube base oils and finds its applications in the manufacture of lubricants. thyssenkrupp Industrial Solutions India Private Ltd. with its experience in implementing various refinery and petrochemical projects will execute this project on LSTK basis. The engineering of the unit will be based on the package received from Chevron Lummus Global.
The scope of project includes: Detail Engineering, Project Management, Procurement, & Supply, Inspection & Expediting, Fabrication, Erection & Construction, Mechanical Completion & Pre-commissioning of Plant, Commissioning, Start up, PGTR, and Hand over of plant.
“This contract is a significant milestone in our refinery journey and of our association with IOCL. With this very important contract award, that serves as a strong motivation to all in the organisation, we are sure we are driven towards its successful implementation,” said Rajesh Kamath, CEO and Managing Director of thyssenkrupp’s chemical plant business in India.
In the past, tkIS India has executed multiple refineries and petrochemical projects for IOCL across its various refineries. At present, apart from the other contracts being executed on EPCM and PMC models, tkIS India is also implementing IOCL’s n-Butanol project on EPC basis.