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Naftogaz bags 2 Bina refinery projects

Our Bureau

New Delhi, Sept. 4

Naftogaz India Pvt Ltd, a subsidiary of NJSC Naftogaz of Ukraine, has been allotted two contracts for Bharat Oman Refineries Ltd (Bina Refinery Project) being implemented in Bina, Madhya Pradesh. The value for the hydrogen generation unit contract is Rs 576 crore and the contract for coke drum system package is Rs 255 crore. The combined value of both the orders is Rs 831 crore.

These contracts were awarded on the EPC basis, a company statement said. The project for the hydrogen generation unit is schedule to be completed in 27 months while the coke drum system is scheduled to be completed in 28 months.

Naftogaz India is in the business of prospecting for exploration drilling, extraction, production of mineral oils, natural gas and petroleum products. Naftogaz is actively participating in major EPCC projects of public sector oil and gas companies like ONGC, Indian Oil Corporation Limited.

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