CEO Insights team , 0
Out of the multiple orders received by the firm, three are from HPCL Rajasthan Refinery Ltd (HRRL) and one is from Bharat Petroleum Corporation Limited (BPCL). The BCPL project for its 2G Bio Ethanol Project at Bargarh, Odisha, proposes for a production capacity of 100 KL of Second Generation Ethanol per day.
This project is of significant importance as the Government of India is encouraging production of cellulosic ethanol from agricultural residues to provide additional sources of remuneration to farmers. Moreover, the project will also assist in addressing growing environmental concerns & supporting the Ethanol Blended Petrol (EBP) program besides reducing environmental pollution due to burning of agricultural waste. Thus, the project will enhance the nation's energy security. Once complete, it will produce fuel grade ethanol meeting specifications as per IS 15464:2004, using domestic agro based lingo-cellulosic feedstock.
The other three orders pertaining to HRRL's upcoming
We are certain that these projects will further strengthen India's energy security while providing an impetus to national development
green-field Refinery cum Petrochemical Complex set up in Rajasthan include - the coveted Crude Distillation Unit & Vacuum Distillation Unit (CDU-VDU), Delayed Coker Unit (DCU) with Unsaturated LPG Treating Unit, and a Vacuum Gas Oil Hydro-treating Unit & Refinery (VGO HDT) with a capacity of 3.5 MMTPA.
Commenting on these acquisitions, Vinayak Deshpande, MD, TATA Projects, says, “As a leading engineering & technology company, we have a specialized division that executes construction of environmentally beneficial and challenging projects. Hence, we seek to undertake projects that improve the lives of communities and support national developmental objectives at the same time. TATA Projects has delivered projects On-Time using world-class management techniques with uncompromising standards of safety and ecological responsibility.”
“We are delighted to secure and execute these mega projects of national importance. These projects are testimony to our expertise and vast experience in executing similar projects on time. Energy is an area wherein every country needs to focus since it directly affects the economic growth and welfare of citizens. As a company, we are certain that these projects will further strengthen India's energy security while providing an impetus to national development,” concludes Satyanarayana K, COO, Industrial Systems, TATA Projects.