IndianOil continues to lay emphasis on infrastructure development. Towards this end, a number of schemes have been initiated with increasing emphasis on project execution in compressed schedules as per world benchmarking standards.
Panipat Refinery Expansion from 12 MMTPA to 15 MMTPA
Project Cost: Rs. 806 crore
Expected Commissioning: December 2008
Benefit : To meet the growing deficit of petroleum products in the high demand Northwest region of India.
The project consists of capacity revamp of Crude and Vacuum Distillation Units (CDU / VDU), Once through Hydrocracking Unit (OHCU), Delayed Coking Unit, and installation of second stage reactors in Diesel Hydrotreating Unit (DHDT).
Naphtha Cracker and Polymer Complex at Panipat (Haryana)
Project Cost: Rs. 14,439 crore
Expected Commissioning: November 2009
Benefits : This project is a cornerstone for IndianOil's entry into petrochemicals and a new business line for growth. For the State of Haryana, this project shall lay the foundation for creation of a world-class petrochemicals hub, which will engender significant industrial activity in the coming years.
The project envisages setting up of a Naphtha Cracker based on captive utilisation of naphtha from Panipat, Mathura and Koyali refineries of IndianOil. With a capacity of 800,000 MT/year of ethylene production, the Cracker complex will have associated units viz. hydrogenation, butadiene extraction, benzene extraction etc. besides downstream polymer units like swing unit (LLDPE/HDPE), a dedicated HDPE unit, Polypropylene unit and MEG unit.
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