- Base Oils
IOCL awards EPC contract for base oil unit at Gujarat Refinery
Indian Oil Corporation Limited (IOCL) has awarded an EPC (Engineering, Procurement and Construction) contract to thyssenkrupp Industrial Solutions India Private Ltd. valued at approximately USD75 Million for 270 kilotons per annum (KTPA) Catalytic Dewaxing Unit (CDWU) for its refinery located in Gujarat, India.
The CDWU is an important unit in the production of lube base oils and finds its applications in the manufacture of lubricants. thyssenkrupp Industrial Solutions India Private Ltd. with its experience in implementing various refinery and petrochemical projects will execute this project on a lump sum turnkey (LSTK) basis. The engineering of the unit will be based on the package received from Chevron Lummus Global.
The Gujarat Refinery was dedicated in 1966 and is the flagship refinery of Indian Oil. The expansion of the Gujarat Refinery has taken place in phases over the years from 2 million metric tonnes (MMT) per year to the present capacity of 13.7 MMT per year and is gearing up for further expansion. One of the most complex refineries in India, the Gujarat Refinery currently has about 40 operating units.
The scope of the EPC work for the Catalytic Dewaxing Unit includes Detail Engineering, Project Management, Procurement, & Supply, Inspection & Expediting, Fabrication, Erection & Construction, Mechanical Completion & Pre-commissioning of Plant, Commissioning, Start up, Performance Guarantee Test Run (PGTR) and hand over of the plant.
“This contract is a significant milestone in our refinery journey and of our association with IOCL. With this very important contract award, that serves as a strong motivation to all in the organisation, we are sure we are driven towards its successful implementation,” said Rajesh Kamath, CEO and managing director of thyssenkrupp’s chemical plant business in India.
Part of Dortmund, Germany-based ThyssenKrupp Industrial Solutions AG, tkIS India has executed multiple refineries and petrochemical projects for IOCL across its various refineries. At present, apart from the other contracts being executed on EPCM and PMC models, tkIS India is also implementing IOCL’s n-Butanol project on an EPC basis.