HPCL Visakha refinery to produce Euro-compliant products

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HPCL Visakha refinery to produce Euro-compliant products

The Visakha refinery of Hindustan Petroleum Corporation Ltd (HPCL) is gearing up to offer Euro-III and Euro-IV compliant products by April 2010, according to Mr P.A.B. Raju, Executive Director.

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LPG storage facility

He said the refinery had completed 10 million hours of safe operations and all measures were being taken to ensure the safety of the plant. The refinery had built a mounded storage facility for LPG at Rs 120 crore and it may be commissioned in three months.

This would enhance LPG safety substantially. The HPCL was also storing LPG in an underground cavern.

Single buoy mooring

The refinery was setting up a single buoy mooring (SBM) at Rs 500 crore to receive very large crude carriers and economise on freight charges.

The SBM would be ready by March 2010, he said. The refinery was also setting up a diesel hydro-treating plant at Rs 3,000 crore for de-sulphurisation of HSD to meet Euro-IV requirements.

Answering a question on the proposed expansion of the refinery's capacity, Mr Raju said that for the time being the focus was not on expansion, but consolidation and product quality improvement.

"We have not given up on the expansion proposal. But it will be taken up after sometime," he clarified.

On when HPCL would take up construction of the petrochemical complex for which 1,400 acres had been allotted by the State Government in the special economic zone at Atchyutapuram in Vizag district, he said the economic recession had hit the project, as it was capital-intensive. "It is a good project, but the time is not opportune for taking it up. It may take some time," he explained.

Mr Raju said HPCL had taken 300 acres from the Visakhapatnam port for taking up various works. Of this, 120 acres had been allotted for building a new marketing terminal for its products. It may be ready by 2011, he added.

Taken from Business Line

thehindubusinessline.in