Maire Tecnimont bags EPC contract from Indian Oil for propylene plant
OIL & GAS

Maire Tecnimont bags EPC contract from Indian Oil for propylene plant

Maire Tecnimont's consortium of subsidiaries—Tecnimont S.p.A. and Tecnimont Private Limited, based in Mumbai, have received an Engineering, Procurement, Construction and Commissioning (EPCC) contract from Indian Oil Corporation Limited (Ltd) for developing a new polypropylene plant and related product logistics facilities.

The plant will be set up in Barauni, Bihar, in North-Eastern India. The total worth of the contract is nearly $170 million. The field of work includes Construction, Engineering, Procurement, and Commissioning activities up to the Performance Guarantees Test Run.

The new plant's capacity would be 200,000 tons annually, and the schedule of the plant is 30 months from the award date till the Mechanical Completion.

The plant will be part of IOCL’s Barauni Refinery capacity expansion project, which involves the installation of large grassroots units as well as revamps and updates to expand the capacity of the current units.

IOCL made the Barauni Refinery Expansion project a part of its plan to reach the increasing domestic demand for added-value products required to boost the manufacturing industry of the country.

Pierroberto Folgiero, Group Chief Executive Officer, Maire Tecnimont, told the media that it is their sixth strategic EPC contract with IOCL.

Folgiero said that they firmly commit to ensuring environmentally sound performing products and materials and processes.

Image Source


Also read: BPCL halts Kochi polyol plant ops

Also read: GAIL to expand into petrochemicals, specialty chemicals, renewables

Maire Tecnimont's consortium of subsidiaries—Tecnimont S.p.A. and Tecnimont Private Limited, based in Mumbai, have received an Engineering, Procurement, Construction and Commissioning (EPCC) contract from Indian Oil Corporation Limited (Ltd) for developing a new polypropylene plant and related product logistics facilities. The plant will be set up in Barauni, Bihar, in North-Eastern India. The total worth of the contract is nearly $170 million. The field of work includes Construction, Engineering, Procurement, and Commissioning activities up to the Performance Guarantees Test Run. The new plant's capacity would be 200,000 tons annually, and the schedule of the plant is 30 months from the award date till the Mechanical Completion. The plant will be part of IOCL’s Barauni Refinery capacity expansion project, which involves the installation of large grassroots units as well as revamps and updates to expand the capacity of the current units. IOCL made the Barauni Refinery Expansion project a part of its plan to reach the increasing domestic demand for added-value products required to boost the manufacturing industry of the country. Pierroberto Folgiero, Group Chief Executive Officer, Maire Tecnimont, told the media that it is their sixth strategic EPC contract with IOCL. Folgiero said that they firmly commit to ensuring environmentally sound performing products and materials and processes. Image Source Also read: BPCL halts Kochi polyol plant ops Also read: GAIL to expand into petrochemicals, specialty chemicals, renewables

Next Story
Infrastructure Urban

Shivraj Singh Chouhan inaugurates ICAR-IIMR admin block in Ludhiana

Union Agriculture Minister Shri Shivraj Singh Chouhan recently inaugurated the administrative building at the Indian Council of Agricultural Research – Indian Institute of Maize Research (ICAR-IIMR) in Ludhiana, Punjab. During the visit, he interacted with maize stakeholders, farmers, rural development scheme beneficiaries, and women self-help group (SHG) members. He said that under the leadership of Prime Minister Narendra Modi, the government’s key goals include boosting foodgrain production, reducing input costs, and improving farmers’ incomes. He highlighted the importance of div..

Next Story
Technology

Google to Build Rs 10,000 Cr Data Centre in Visakhapatnam

In a major boost to India’s digital infrastructure, Google will establish a 1-GW hyperscale data centre and Artificial Intelligence (AI) hub in Visakhapatnam, Andhra Pradesh. The project, valued at Rs 100 billion, is expected to significantly contribute to the state’s economy and create more than 20,000 direct and indirect employment opportunities. Union Minister of State for External Affairs and Education, Dr Pemmasani Chandrasekhar, highlighted that this landmark investment by Google will help position Andhra Pradesh as a prominent digital hub under the “Swarandhra Pradesh” vision. ..

Next Story
Infrastructure Urban

TCIL honoured with HR Excellence Award 2025

Telecommunications Consultants India Limited (TCIL), a Miniratna Schedule ‘A’ PSU under the Department of Telecommunications, has been honoured with the HR Excellence Award at the Fortune Leadership Awards 2025, held at Radisson Blu Plaza, Delhi. The accolade acknowledges TCIL’s outstanding HR practices promoting employee development, innovation, and inclusivity. The award was presented by Dr. Dinesh Upadhyay, Former Member, Ministry of AYUSH, and Shri M. S. Nethrapal, IRS, and received by Shri P. Suresh Babu, CGM (HR), in the presence of distinguished leaders from various sectors. Bet..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?