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Indian company earns coker unit contract

06th August 2013

Engineers India Ltd has earned an USD125m contract from Chennai Petroleum Corporation Ltd to construct a coker unit to convert oil into fuel.

EIL said they ‘’won this job against competition from national and international companies in the field’’ and that the scope of the project includes a “delayed coker unit and LPG CFC treating unit’”.

An Indian energy consultation company has received a major contract to construct a coker unit for a refinery company in the south of the country.

 

Engineers India (EIL) said it received an USD 125m contract from Chennai PetroleumCorp Ltd (CPCL) for the construction of a coker unit used to convert residual oil from the CPCL’s refineries into fuel.

 

EIL is a consultancy and engineering company, procurement and construction contractor and specialises in such energy categories as petroleum refining, petrochemicals, pipelines, as well as oil and gas terminals and storages.

 

CPCL’s portfolio includes the biggest refinery in South India with a total capacity of 10.5 MMTPA and two refineries in Tamil Nadu, with capacity of 9.5 MMTPA and 1.0MMTPA respectively.

 

EIL said they ‘’won this job against competition from national and international companies in the field’’ and that the scope of the project includes a “delayed coker unit and LPG CFC treating unit’”.

 

Coker units are commonly used to convert residual oil into various other forms of energy such as hydrocarbon gas, light and heavy duty oils and petroleum coke. Treating units are used to produce liquid petroleum, also known as propane, which is commonly used in motor oil, cooking and rural heating.

 

India’s oil is still the country’s highest export with petroleum exports rising by 7.7 per cent at USD60.3bn from USD56.04bn in the previous year, helping India's overall cross exports reach USD300bn in 2012.

 

One of India’s largest refinery companies, India Oil Corp helped drive these figures, as it announced plans to invest over USD 9.25bn to expand its existing refineries and set up a new one in Paradip, Orissa, on the west coast of the country.