TOYO Awarded Refinery Plant Project in India, Vadodara

Source: 8/8/2022, Location: Asia

Toyo Engineering India Private Limited (Toyo-India, Managing Director Yukihiro Akimoto), a wholly owned subsidiary of Toyo Engineering Corporation (Toyo-Japan), has been awarded a contract by Indian Oil Corporation Limited (IOCL) for the Engineering, Procurement, Construction and Commissioning (EPCC) of a new 2.5 MMTPA Vacuum Distillation Unit (VDU) planned by Indian Oil Corporation Limited (IOCL) in Vadodara, Gujarat, Western India.

IOCL is a largest Public Sector Undertaking governed by the Ministry of Petroleum and Natural Gas (Govt. of India), and Gujarat Refinery is one of India's largest oil refineries. The refinery is currently planning to expand its existing refinery from 13.7 MMTPA to 18 MMTPA, the total investment in this expansion project is more than 300 billion yen, aiming for more efficient refinery operation and high-value-added product production. This project is expected to be completed in the first half of FY 2024.

Toyo-India is currently implementing projects at the Paradip and Barauni Refineries for IOCL. This is the second consecutive order for IOCL, following the Vacuum Gas Oil Hydrotreater Unit at the Panipat refinery.

In India, which has a vast population and huge middle-class population strata that continues to grow, TOYO is committed to contributing to the economic development of the country.

Contract Summary
Client : Indian Oil Corporation Limited (IOCL)
Contractor: Toyo Engineering India Private Limited
Project Site: Vadodara, Gujarat, India
Facility: Vacuum Distillation Unit (2.5 MMTPA)
Scope: Engineering, Procurement, Construction and Commissioning (on a turnkey basis)
Scheduled Completion: The first half of FY 2024

Australia >>  5/13/2024 - TechnipFMC (NYSE: FTI) has been awarded a significant(1) integrated Engineering, Procurement, Construction, and Installation (iEPCI™) contract by Wood...
Australia >>  5/10/2024 - GR Engineering Services Limited (GR Engineering) is pleased to announce that it has been awarded an engineering, procurement and construction (EPC) co...

Turkey >>  5/10/2024 - Subsea 7 S.A. announced the award of a large1 contract by Turkish Petroleum Offshore Technology Center AS (TP-OTC) relating to the Sakarya field devel...
United States >>  5/9/2024 - Panhandle Power Solutions (PPS), a wholly-owned subsidiary of Bristol Bay Native Corporation (BBNC), an Alaskan Native Corporation, that services util...

Oman >>  5/8/2024 - CB&I, a wholly owned unrestricted subsidiary of McDermott, has been awarded a significant* contract by Marsa Liquefied Natural Gas LLC, a joint ventur...
Norway >>  5/7/2024 - SLB (NYSE: SLB) has announced the award of a sizeable integrated engineering, procurement, construction, and installation (EPCI) contract by OKEA to i...

Gulf Oil and Gas
Copyright © 2023 ICT All rights reserved. - Terms of Service - Privacy Policy.