L&T has bagged an order worth Rs 1,400 crore from Indian Oil Corporation (IOC) for a 4.17 million tpa FCC (Fluidised Catalytic Cracker) reactor regenerator project of a grassroots fuel refinery at Paradip in Orissa.
INDMAX technology, indigenously developed by IOC R&D, is deployed for the FCC unit for converting heavy distillate and residue into LPG/light distillate product as the 15 million tpa refinery at Paradip is configured to process heaviest crudes.
The scope of work includes residual and detailed engineering, procurement, supply, manufacture, fabrication, construction, installation, pre-commissioning, commissioning and performance test run. The project is to be executed on lumpsum turnkey basis and is expected to start-up by July 2012.
The order has been bagged by Hydrocarbon Mid and Downstream Business Group of L&T’s Engineering & Construction Division.