Toyo Engineering India Pvt Ltd., wholly owned subsidiary of Toyo Engineering Corporation (Toyo-Japan), has been awarded a project for a new regasification plant with a send out capacity of 5 million tons from HPCL Shapoorji Energy Pvt. Ltd. (HSEPL), at Chhara in Gujarat State on the west coast of India. Toyo-India will execute EPC work on a turnkey basis, from engineering to construction and commissioning. The regasification plant is scheduled to be completed in the beginning of 2022.
HSEPL is a joint venture, between HPCL (Hindustan Petroleum Corporation Ltd), which is one of the major Government owned Refining & Oil Marketing Company and SP Ports Pvt. Ltd. (a Shapoorji Pallonji Group Company).
HSEPL is developing LNG receiving, storage & regasification terminal of 5 MMTPA capacity expandabe to 10 MMTPA. Earlier, Toyo-India & Toyo-Japan have executed Petronet LNG Ltd’s Dahej Terminal Phase I (greenfield), Petronet LNG Ltd’s Phase II & III expansion and GSPC LNG Ltd’s greenfield Mundra terminal. In a rapidly developing country like India with ever growing demand for LNG, Toyo-India will develop sales for further orders as a top runner in the construction of LNG regasification facilities.
About TOYO
TOYO has handled many projects related to the oil industry, from upstream oil wells to downstream oil refining. Since the 1980s, we have built an impressive track record in the oil development sector, mainly in the Middle East and Russia. We have also been working on an array of oil refining projects, including the construction of large-scale grassroots refineries, as well as Catalytic Reforming plants, FCC/RFCC, hydrocracking, hydrodesulfurization and thermal cracking plants. In the field of heavy oil cracking, in which TOYO has extensive experience, large-scale commercial plants have been successfully realized utilizing proprietary technology. In the power generation sector, we deal with a variety of power plant projects, such as energy-saving combined cycle and large-scale power plants.