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Our Bureau

New Delhi, Nov. 07

Engineering and construction major, Punj Lloyd (PLL) has secured two contracts worth Rs 1,163 crore for Indian Oil Corporation's refinery project being implemented at its complex at Haldia in West Bengal. The contracts awarded are on EPC basis for the Hydrocracker (capacity 1.7 MMTPA) and Hydrogen Generation Unit (capacity 70,000 TPA). The value for the Hydrocracker contract is Rs 864 crore, while contract for hydrogen generation unit is valued at Rs 299 crore. The scope for both the packages entails engineering, procurement, construction and commissioning on a single point responsibility basis. The project for the hydrocracker unit is scheduled to be completed in 33 months, while that for hydrogen generation unit in 24 months.

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