Business Daily from THE HINDU group of publications Monday, Apr 02, 2007 ePaper |
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Corporate
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Performance Web Extras - Petroleum
Our Bureau
Visakhapatnam April 1 The Visakha refinery of Hindustan Petroleum Corporation Ltd (HPCL) has set a new record by achieving throughput of 9.2 million tonnes during 2006-07. According to a press release issued by the company, against the installed capacity of 7.5 mtpa, the refinery achieved 9.2 mtpa, with the capacity utilisation being 123 per cent. The March-end crude throughput was a record 8,51,000 tonnes per month. The refinery has a wide crude basket and has the capability to process more than 100 types of crudes and during the year, four new crudes from Nigeria, Brunei, Yemen and Azerbaijan were processed. The refinery also achieved record production in propylene (33,000 tonnes), LPG (3,43,000 tonnes), naphtha (11,90,000 tonnes), motor spirit i.e. petrol (7,95,000 tonnes), kerosene (10,17,000 tonnes) and HSD (37,25,000 tonnes). The refinery produced 66,000 cylinders of LPG per day. On the whole, HPCL handled the highest ever LPG of 7,58,000 tonnes at Visakhapatnam including 4,15,000 tonnes of imported LPG. The refinery also started producing auto LPG from January.
EXPORTS
According to Mr A.S. Rao, Executive Director, the refinery achieved export of 1.5 million tonnes of products during the financial year, earning foreign exchange of Rs 3,200 crore. The exports included naphtha, fuel oil and motor spirit.
Clean fuels project
He said a major project, the Visakha refinery clean fuels project, taken up at a cost of Rs 2,148 crore, was at an advanced stage of implementation. It would improve the quality of petrol to meet the fuel specifications Bharat stage three and four. "The project is being implemented by using technologies from reputed international licensers such as UOP (USA), Axens (France), Belco (USA) and Technip (Italy). There are 35 contractors and 3,000 labourers working on the project," he said.
Safety
Mr Rao said the refinery had adopted OSHA-Process Safety Management Standard and it could complete 4.7 million manhours without lost time injury. It could also complete 1,282 days of fire-free operation.
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