L&T Hydrocarbon Engineering (LTHE), a wholly owned subsidiary of Larsen & Toubro, has bagged an onshore EPC contract from Indian Oil Corporation Limited (IOCL) worth around ₹ 1100 crores for setting up a 0.740 MMTPA Fluidised Cracking Unit (FCC) including LPG Treatment Facility at their Bongaigaon Refinery, Assam.

LTHE has won the contract through a competitive bidding process, which was also participated by reputed global EPC organisations. The scope of work under the contract covers extended basic engineering, detailed engineering, procurement, supply, transportation, storage, fabrication, inspection, construction, installation, testing, mechanical completion, pre-commissioning and commissioning of the unit.

The process licensor for the INDMAX unit is Lummus Technology Inc. For the LPG treatment unit, the process licensor is Merichem, USA. LTHE has the distinction of executing all INDMAX FCC Units including IOCL’s Guwahati and Paradip Refinery.

LTHE has been serving the hydrocarbon mid & downstream sector since the early ‘90s and has a distinguished track record of executing process plants with comprehensive scope of work and stringent delivery schedules on lump-sum EPCC basis involving diverse technologies from various process licensors.

About Larsen & Toubro

Larsen & Toubro is an Indian multinational engaged in technology, engineering, construction, manufacturing and financial services with over USD 16 billion in revenue. It operates in over 30 countries worldwide. A strong, customer-focused approach and the constant quest for top-class quality have enabled L&T to attain and sustain leadership in its major lines of business for over seven decades.

About Indian Oil Corporation (IndianOil)

Indian Oil Corporation Ltd. (IndianOil) is India's largest commercial enterprise, ranked 119th among the world's largest corporates (and first among Indian enterprises) in the prestigious Fortune ‘Global 500’ listing for the year 2015. IndianOil has been meeting India’s energy demands for over half a century. Its business interests straddle the entire hydrocarbon value-chain – from refining, pipeline transportation and marketing of petroleum products to exploration & production of crude oil & gas, marketing of natural gas and petrochemicals, besides forays into alternative energy and globalisation of downstream operations. As part of its Exploration & Production portfolio, IndianOil has participating interest in eight domestic and seven overseas blocks. The seven overseas blocks are located in Libya, Gabon, Nigeria, Yemen, Venezuela, Canada and USA.