L&T wins large contract from Indian Oil Corporation

refinery expansion (P-25) project to enhance refining capacity from 15 MMTPA to 25 MMTPA (million metric tonnes per annum) to meet the growth in demand of petroleum products and to increase their profitability and competitiveness in the long run. The engineering, procurement, construction, and commissioning (EPCC) contract is for setting up a Residue Hydrocracker Unit (RHCU) for this P-25 Project.

The RHCU is licensed by Axens (France) with a capacity of 2.5 MMTPA and will upgrade the Vacuum Residue (VR) to high-value commercial products (mainly diesel). The contract is awarded through international competitive bidding on a Lump Sum Turnkey (LSTK) basis. L&T earlier bagged a significant EPCC Contract for setting up a diesel hydrotreater (DHDT) unit (5.0 MMTPA, licensed by Shell) under the same P-25 project of IOCL at Panipat-Refinery.