Technip Energies wins HPCL Mumbai refinery modernisation contract
In short
Technip Energies won a contract to modernise HPCL’s Mumbai refinery. The contract covers a 550 KTA Integrated Hydrocracker and Catalytic Dewaxing unit and an 850 KTA Solvent Deasphalting unit.
This matters because it is a large refinery upgrade job for Technip Energies and HPCL. The reporting does not say the contract value or when the work will finish.
What the reporting says
Technip Energies got a contract for the modernisation of HPCL’s Mumbai refinery, with the contract covering a 550 kilo tonnes per annum Integrated Hydrocracker and Catalytic Dewaxing unit and an 850 KTA Solvent Deasphalting unit. The reporting identifies the project scope but does not state the contract value, timeline or completion date. The deal should support refinery upgrading work, while financial impact remains unknown.
Why it matters
Technip Energies received a contract for the modernisation of HPCL’s Mumbai refinery, and the summary says the work covers a 550 KTA Integrated Hydrocracker and Catalytic Dewaxing unit plus an 850 KTA Solvent Deasphalting unit. That indicates a sizable industrial project for both the engineering contractor and the refinery operator. The available reporting does not disclose the contract value, schedule or whether construction has begun.