Engineers India bags Rs 670 cr contract

State-owned Engineers India Ltd on Monday said it has bagged a Rs 670 crore contract from Chennai Petroleum Corp Ltd (CPCL) for construction of a coker unit that will convert residual oil in the refinery into fuel.

EIL, one of the leading design, engineering consultancy and EPC companies of the country, secured a lumpsum turnkey contract (LSTK) worth over Rs 670 crore from CPCL for Residuary Upgradation Project (Coker Block), the company said in a statement.

A coker or coker unit is an oil refinery processing unit that converts the residual oil into low molecular weight hydrocarbon gases, naphtha, light and heavy gas oils, and petroleum coke.

The CPCL project "comprises of Delayed Coker Unit and LPG CFC Treating Unit," the statement said.

EIL's scope of work involves project management, residual process design, detailed engineering, procurement, inspection & expediting, tendering, construction management & supervision including quality assurance, assistance in start-up, pre-commissioning, commissioning & guarantee test runs for units and facilities of plant.

The company "won this job against competition from national and international companies in this field," the statement added.

EIL is a consultancy company & EPC contractor in the fields of petroleum refining, petrochemicals, pipelines, oil & gas terminals & storages, fertilisers, mining and metallurgy and infrastructure projects.

The company is also working in diversified areas of water & waste management and has made inroads into the areas of nuclear, solar and thermal power. It has also expanded its operations internationally, and has provided a wide range of engineering consultancy services in the Middle East, North Africa and South East Asia.