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Petroleum
HCC bags Rs 375-cr contract
Mumbai, Jan 17
Infrastructure construction and development company
Hindustan Construction Company said it has bagged a
Rs 375.37 crore contract from Indian Strategic Petroleum
Reserves Ltd (ISPRL) to construct a crude oil storage
facility at Vishakhapatnam, Andhra Pradesh. The order is
for construction of underground rock caverns for storage
of crude oil. It includes detailed engineering and design,
underground excavation, access tunnels, water curtain
galleries, main storage cavern, shafts and associated
underground civil works including geological mapping.
The project is scheduled for completion in 36 months.
This project is part of the three strategic crude oil
storages with a total capacity of five million tonnes
planned by ISPRL, a subsidiary of Oil Industry
Development Board. The first of these oil storages of 1.33
million tonnes capacity is planned in Vishakhapatnam. -
Our Bureau
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