IOCL – Koyali Refinery Expansion – Gujarat - Project Profile

IOCL – Koyali Refinery Expansion – Gujarat - Project Profile

  • March 2018 •
  • 8 pages •
  • Report ID: 4473861
Synopsis
"IOCL – Koyali Refinery Expansion – Gujarat - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.

The "IOCL – Koyali Refinery Expansion – Gujarat - Project Profile" is part of Timetric’s database of 82,000+ construction projects. Our database includes a 10+ year archive of completed projects, full coverage of all global projects with a value greater than $25 million and key contact details for project managers, owners, consultants, contractors and bidders.

Summary
Indian Oil Corporation Ltd (IOCL) is planning to undertake the expansion of the Koyali refinery in Gujarat, India.

The project involves the expansion of the existing refinery capacity from 13.7 million tonnes per annum (MTPA) to 18MTPA, which will be undertaken in phased manner. The expansion will be undertaken on 52.6ha of land.

The project will include new units like AVU (Atmospheric & Vacuum distillation Unit) of 9 MMTPA capacity along with few bottom up-gradation secondary units.

It includes the construction of a condensate unit, a storage facility, hydro treated and catalytic reformer units, and related infrastructure, the installation of safety systems and the laying of pipelines.

In August 2013, IOCL issued tenders for the environmental impact assessment (EIA) study consultant to prepare a detailed feasibility report (DFR) with a submission deadline of August 30, 2013.

In February 2015, the board of IOCL approved an investment of US$298 million.

KRG India Research Centre for Rainwater, Harvesting & Environment has been appointed as the social impact assessment team to conduct the study and prepare a social impact management plan.

In November 2015, the Gujarat government approved a proposal of IOCL Gujarat Refinery seeking acquisition of land for the expansion.

On April 12, 2017, IOCL received approvals from Gujarat government for land acquisition.

On August 3, 2017, IOCL received planning approvals from IndianOil board.

Scope
The project involves the expansion of Koyali Refinery from 13.7MTPA to 18MTPA in Vadodara, Gujarat, India.

The US$2,360 million project includes the following:
1. Construction of a condensate unit
2. Construction of a storage facility
3. Construction of hydro treated and catalytic reformer units
4. Installation of a distillation unit
5. Installation of safety systems
6. Laying of pipelines

Reasons To Buy
• Gain insight into the project.
• Monitor the latest project developments.
• Identify key project contacts.
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Country=India Industry=Construction ParentIndustry=HeavyIndustry Date=201803 Topic=M&A Publisher=Timetric Price=1000