{"id":10611,"date":"2022-08-22T05:18:27","date_gmt":"2022-08-22T05:18:27","guid":{"rendered":"https:\/\/newprojectstracker.com\/blog\/?p=10611"},"modified":"2023-01-28T10:54:48","modified_gmt":"2023-01-28T10:54:48","slug":"lt-bags-major-contract-from-iocl","status":"publish","type":"post","link":"https:\/\/www.newprojectstracker.com\/blog\/lt-bags-major-contract-from-iocl\/","title":{"rendered":"L&#038;T bags major contract from IOCL"},"content":{"rendered":"\n\n\n\t<div class=\"dkpdf-button-container\" style=\" text-align:right \">\n\n\t\t<a class=\"dkpdf-button\" href=\"\/blog\/wp-json\/wp\/v2\/posts\/10611?pdf=10611\" target=\"_blank\"><span class=\"dkpdf-button-icon\"><i class=\"fa fa-file-pdf-o\"><\/i><\/span> Download PDF Report<\/a>\n\n\t<\/div>\n\n\n\n\n\n<p><img class=\"\" src=\"https:\/\/newprojectstracker.com\/blog\/wp-content\/uploads\/2021\/12\/Indian-Oil.jpg\" width=\"425\" height=\"283\" \/><\/p>\n<p>A significant contract has been won by the L&amp;T Energy Business&#8217; Hydrocarbon-Onshore branch from <a href=\"https:\/\/iocl.com\/\">Indian Oil Corporation (IOCL)<\/a>.<\/p>\n<p>In order to address the rising demand for petroleum products as well as to improve their long-term profitability and competitiveness,<a href=\"https:\/\/iocl.com\/\"> IOCL<\/a> is putting into action the Panipat Refinery Expansion (P-25) Project. This project will expand refining capacity from 15 MMTPA to 25 MMTPA.<\/p>\n<p>For this P-25 Project, an engineering, procurement, building, and commissioning (EPCC) contract is being used to set up a Residue Hydrocracker Unit (RHCU). With a 2.5 MMTPA capacity and a licence from Axens (France), the RHCU will convert vacuum residue (VR) into high-value commercial products (mainly diesel). The Lump Sum Turnkey (LSTK) method of international competitive bidding is used to award the contract.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Download PDF Report A significant contract has been won by the L&amp;T Energy Business&#8217; Hydrocarbon-Onshore branch from Indian Oil Corporation (IOCL). In order to address the rising demand for petroleum products as well&#8230; <\/p>\n","protected":false},"author":1,"featured_media":3517,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"spay_email":""},"categories":[163],"tags":[324],"jetpack_featured_media_url":"https:\/\/www.newprojectstracker.com\/blog\/wp-content\/uploads\/2021\/12\/Indian-Oil.jpg","acf":[],"_links":{"self":[{"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/posts\/10611"}],"collection":[{"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/comments?post=10611"}],"version-history":[{"count":1,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/posts\/10611\/revisions"}],"predecessor-version":[{"id":10614,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/posts\/10611\/revisions\/10614"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/media\/3517"}],"wp:attachment":[{"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/media?parent=10611"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/categories?post=10611"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/tags?post=10611"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}