Technip awarded two contracts for the Visakh refinery in India

Source: Technip

Technip (TKPPY) has been awarded two contracts by Hindustan Petroleum Corporation Ltd. (HPCL) for their diesel hydrotreater project in the Visakh refinery, on the east coast of India.

The two contracts, which are scheduled to be completed by the first half of 2012, will be executed by Technip’s operating center in New Delhi, India.

The first, worth approximately US $67 million (€50 million), covers the license as well as the engineering, procurement, construction and commissioning (EPCC) for a hydrogen generation unit with a capacity of 36,000 tons/year.

The second contract, worth around US $88 million (€65 million), is for the EPCC of a diesel hydrotreater unit with a capacity of 2.2 million tons/year.



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