Meanwhile, some bigger refineries, which do not have scheduled maintenance, could increase runs to use the crude now remaining in the country, though others have halted crude intake as they cannot ship their production. Some of their output is likely to be redirected to the domestic market although availability there is already high on diminishing exports. Subject to statutory approvals, the remaining 50% interest in the new refinery JV would be held by outside financial, strategic, or public investors to be identified later, IOC said.ĭefinitive timelines for the project’s construction and targeted commissioning have yet to be confirmed.Receive daily email alerts, subscriber notes & personalize your experience. Start of construction on the refinery follows IOC’s approval for incorporation of a joint venture under which IOC (25%) and CPCL (25%) would hold a combined 50% equity interest for developing the project. SRU with independent TGTU, Train 2 432 tonnes/day.Sulfur recovery unit (SRU) with independent tail-gas treatment unit (TGTU), Train 1 432 tonnes/day.INDMAX FCC gasoline hydrotreating (desulfurization) unit 700,000 tpy.Vacuum gas oil hydrotreating unit 3 million tpy.Diesel hydrotreating unit 5 million tpy.Naphtha hydrotreating unit 1.5 million tpy.Combined crude-vacuum distillation unit 9 million tpy.(EIL), which completed a detailed feasibility report as well as carried out technology evaluation and process licensor selection for the project, the new refining and integrated petrochemical complex will include the following major units and capacities: 17, 2021).Īccording to project documents from CPCL, the government of India, and Engineers India Ltd. 1, 2019-for the new construction ( OGJ Online, Feb. Intended to help meet southern India’s demand for petroleum products, the planned Cauvery Basin project-which broke ground in February-will involve dismantling of CPCL’s existing 1-million tpy refinery at the site-which ceased operations on Apr. The service provider did confirm, however, that it will begin work on the project sometime during this quarter. McDermott disclosed no details regarding the project’s Package 2 scope, nor did it reveal a value of the PMC-EPCM contract. 4 contract, McDermott will deliver project management consultancy (PMC) and engineering, procurement, and construction management (EPCM) consultancy services for the second package of the Cauvery Basin refinery project, the service provider said. to provide a suite of consultancy services for CPCL’s recently approved project to build a grassroots 9-million tonnes/year refinery at Cauvery Basin, in Panangudi Village, Nagapattinam District, Tamilnadu, India ( OGJ Online, Feb. Ltd., has let a contract to McDermott International Inc. (CPCL), a partly owned subsidiary of Indian Oil Corp.
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