Larsen & Toubro’s (L&T) wholly owned subsidiary -- L&T Hydrocarbon Engineering (LTHE) has been awarded a mega project by Hindustan Petroleum Corporation (HPCL). The engineering, procurement, construction and commissioning (EPCC) contract is for setting up a Residue Upgradation Facility (RUF), EPCC-03 Package for Visakh Refinery Modernisation Project (VRMP) at HPCL's Vizag Refinery. The RUF plant is licensed by Chevron Lummus Global (CLG) with a capacity of 3.55 MMTPA.
The contract is awarded through an international competitive bidding on Lump Sum Turn Key (LSTK) basis and is part of HPCL's ongoing Visakh Refinery Modernisation Project wherein LTHE is already executing two packages, namely Crude Distillation Unit / Vacuum Distillation Unit and Full Conversion Hydrocracker Unit.
L&T is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services with over $18 billion in revenue.
