German multinational company ThyssenKrupp’s plant engineering business has been awarded an order by Numaligarh Refinery Limited (NRL) worth approximately Rs 300 crore for a refinery expansion mega project.
Under the order, ThyssenKrupp will provide engineering, procurement and construction management (EPCM) services for various units of a refinery located in Numaligarh in Assam.
NRL is expanding its refining capacity from three to nine million metric tons per year. The project is expected to be completed by 2024.
The refinery expansion project is part of the Government of India’s initiative towards “Hydrocarbon Vision 2030” for the Northeast region of India.
The efforts are aimed at exploiting the region’s hydrocarbon sector to facilitate economic development, enhance the access to clean fuels, increase the availability of petroleum products and create employment opportunities.
“We are delighted to partner with our customer Numaligarh Refinery, as it invests in its future expansion. This is another lighthouse project, which fits in with our aspiration to be a leading engineering company in India for the design and construction of petrochemical plants and refineries,” said PD Samudra, CEO and Managing Director at ThyssenKrupp’s chemical plant business in India.