Larsen & Toubro in the recent days has succeeded to acquire an order esteemed at Rs 576 crore from the Hindustan Petroleum Corporation. The project awarded by the HPCL is of 2,00,000 tonne per annum lube oil base stock plant consisting of raffinate hydrotreating unit, mobil selective dewaxing unit and hydro finishing unit. In addition, it would help HPCL towards the production of high quality group II and III lube oils, which are higher value-added petroleum products.
What is the essence of this project? The HPCL, which excels in the operation of refineries located at Mahul in Mumbai, has a wise intention to establish this lube oil base stock plant as a part of their quality up-gradation project and that has made them award the order on lump-sum turnkey basis to L&T.
The scope of work in the project is immense of which the most prominent are dual process design, detailed engineering, procurement, supply, transportation and others.
Read more on: http://economictimes.indiatimes.com/stocks_in_news_home/LT_bags_Rs_576_cr_order_from_HPCL/articleshow/2913165.cms
What is the essence of this project? The HPCL, which excels in the operation of refineries located at Mahul in Mumbai, has a wise intention to establish this lube oil base stock plant as a part of their quality up-gradation project and that has made them award the order on lump-sum turnkey basis to L&T.
The scope of work in the project is immense of which the most prominent are dual process design, detailed engineering, procurement, supply, transportation and others.
Read more on: http://economictimes.indiatimes.com/stocks_in_news_home/LT_bags_Rs_576_cr_order_from_HPCL/articleshow/2913165.cms
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