L&T Hydrocarbon Engineering bags mega project from HPCL
Mumbai (Maharashtra) [India], Oct 23: Larsen & Toubro Hydrocarbon Engineering (LTHE) said on Wednesday it has been awarded a mega project by Hindustan Petroleum Corporation Limited (HPCL). L&T describes a mega project with a value of over Rs 7,000 crore. The engineering, procurement, construction and commissioning contract is for setting up a residue upgradation facility at HPCL’s Vizag refinery. The RUF facility is licensed by Chevron Lummus Global with a capacity of 3.55 million tonnes per annum. 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 unit is being implemented for the first time in India. “L&T has a proven track record of over 25 years in the refinery and petrochemical sector. Bagging this contract from HPCL reinforces our integrated capabilities in executing critical plants for th...