L&T Hydrocarbon is the lowest bidder for HPCL Rajasthan Refinery

L&T Hydrocarbon Engineering (LTHE) is a wholly-owned subsidiary of Larsen & Toubro

Larsen and Toubro
File Photo: Larsen & Toubro
IANS Mumbai
2 min read Last Updated : Dec 17 2020 | 3:13 PM IST

L&T Hydrocarbon Engineering (LTHE), a wholly-owned subsidiary of Larsen & Toubro, has emerged as the lowest bidder for HPCL Rajasthan Refinery Ltd's two engineering, procurement, construction and commissioning (EPCC) packages, coming up at Barmer in Rajasthan, according to sources.

HRRL opened the financial bids submitted by the 2 bidders (Petrofac and L&T Heavy Engineering) for Petro FCC Package and 3 bidders (Tecnimont+JGC, Petrofac and LTHE) for DFCU Package in December 2020. The combined value for both the packages will be around Rs 13,000 crore. Petrofac's bid got disqualified for both the packages.

HRRL is a joint venture between Hindustan Petroleum Corporation (HPCL) and government of Rajasthan with an equity participation of 74 per cent and 26 per cent, respectively.

The scope briefly involves the engineering, procurement, and construction of two critical process blocks of an 9.0 MMTPA integrated Refinery cum Petrochemical Complex namely Rajasthan Refinery Project. Licensor for both the blocks is TechnipFMC and Project Management Consultant is Engineers India Ltd. The capacity of PFCC is 2.9 MMTPA while DFCU is of 1.0 MMTPA.

LTHE has in the past executed multiple FCC Units and a Naphtha Cracker Complex for IOCL. At present, Cracker Furnace Package for HMEL-Bathinda Dual Feed Cracker is also under execution.

The PFCC and DFCU project corroborates LTHE's contribution to support HRRL in its commitment to bring on board the 1st Refinery-cum-Petrochemical Complex in Barmer, Rajasthan.

--IANS

sn/kr

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

Topics :L&T HydrocarbonL&T HPCL

First Published: Dec 17 2020 | 3:05 PM IST

Next Story