Barauni Refinery expansion project : Technip Energies wins EPCC contract
Barauni Refinery expansion project : Technip Energies has bagged an engineering, procurement, construction, and commissioning (EPCC) contract for the BR9 Expansion Project in Barauni, Bihar from Indian Oil Corporation Limited (IOCL).
The contract value is in the range of €50 million and €250 million.
It calls for the installation of a new once-through hydrocracker unit (OHCU) with a capacity of a million metric tonnes per annum (MMTPA) capacity, a fuel gas treatment unit (FGTU) and related facilities.
Along with downstream refinery units, the OHCU unit, will facilitate the production of BS VI Grade fuels and petrochemicals.
Commenting on the Barauni Refinery expansion project contract, Bhaskar Patel – Senior Vice President India Business Unit at Technip Energies, said: “We are very pleased to have been awarded this contract by Indian Oil Corporation Limited.
“This award demonstrates our long-term commitment in India and substantially consolidates our positioning in High Operating Pressure projects. It also strengthens our position as a leading provider of key projects to the major players in India’s domestic energy sector.”
The BR9 Expansion project has been designed to ramp up the refinery capacity of the Barauni Refinery from 6 MMTPA to 9 MMTPA. It will add Polypropylene and other petrochemicals into the product portfolio of the IOCL refinery in Bihar.