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Tuesday, April 1, 2008

L&T bags Rs 576-cr HPCL order

Engineering and construction company Larsen & Toubro has been awarded Rs 576-crore order for a 2-lakh-tonne per annum lube oil base stock plant by Hindustan Petroleum Corporation Ltd. The plant will consist of a raffinate hydrotreating unit, mobil selective dewaxing unit and a hydro finishing unit. This is to enable HPCL to produce high quality group II & III lube oils, which are higher value-added petroleum products. HPCL, which operates one of its largest refineries in Mahul, Mumbai, intends to set up the plant as a part of its quality up-gradation project.

The scope of work includes residual process design, detailed engineering, procurement, supply, transportation, storage, fabrication and commissioning. L&T’s E&C division’s refinery projects business unit secured the order.

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