Larsen & Toubro (L&T) landed a big engineering, procurement, construction, and commissioning (EPCC) contract from Bharat Petroleum Corporation Ltd (BPCL) to build India's biggest flexible petrochemical plant. This deal reinforces L&T's standing in large energy and petrochemical projects.
This order, given to L&T’s Hydrocarbon Onshore division, is a major contract for the company, meaning it’s worth between ₹5,000 crore and ₹10,000 crore. L&T will construct a modern Linear Low-Density Polyethylene (LLDPE) and High-Density Polyethylene (HDPE) unit at BPCL’s Bina refinery in Madhya Pradesh.
The plant is designed to switch between making LLDPE and HDPE, so BPCL can change production depending on what the market needs. The unit will have two 575 kilo tonnes per annum (KTPA) production lines, and L&T will handle the project on a lump-sum turnkey basis.
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This project is a key part of BPCL’s Bina Petrochemicals and Refinery Expansion Project. BPCL wants to create an integrated petrochemical complex at the site and increase the refinery's processing capacity from 7.8 million metric tonnes per annum (MMTPA) to about 11 MMTPA.
This investment shows India's focus on boosting local manufacturing, cutting back on polymer imports, and becoming self-sufficient in petrochemicals long term.
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