French-Indian partnership works on EPCC terms

TechnipFMC* (Paris:FTI) (NYSE:FTI) (ISIN:GB00BDSFG982), in consortium with L&T Hydrocarbon Engineering (LTHE) has been awarded Engineering, Procurement, Construction and Commissioning (EPCC) contracts for two state-of-the-art, natural gas based fertilizer complexes in Eastern India.

The contracts are with Hindustan Urvarak & Rasayan Limited (HURL), a joint venture company of Indian Oil Corporation Limited (IOCL), Coal India Limited (CIL) and NTPC Limited (NTPC). These companies are the lead promoters with Fertilizer Corporation of India Limited (FCIL) and Hindustan Fertilizer Corporation Limited (HFCL) as other two partners.

The two fertilizer plants, located at Barauni in the state of Bihar and in Sindri in the state of Jharkhand, are each capable of producing 2,200 Tonne Per Day (TPD) ammonia and 3,850 TPD urea.

Both projects are executed on EPCC Lump Sum Turn Key (LSTK) basis and shall be carried out concurrently. The Consortium, under the leadership of TechnipFMC, is responsible for licensing, basic engineering, detailed engineering, construction and commissioning of the two complexes within a period of 36 months.

France and India operating centers of TechnipFMC will work closely with HURL on this project, said a statement released on 22 May 2018.

Nello Uccelletti, President of Onshore/Offshore business at TechnipFMC, said: “We are honored to be entrusted the execution of these prestigious projects in consortium with LTHE which demonstrates our long-term commitment to India and strengthens our leadership in executing challenging projects in fertilizers, refinery and petrochemical sectors. The project is of great national importance to India to address the demand of Urea in domestic market and thereby, boosting the economic growth of the country.” fii-news.com