HPCL Rajasthan Refinery opened the financial bids submitted by the two bidders (Petrofac and L&T Heavy Engineering) this month

                               Larsen & -Toubro- Emerges- Lowest Bidder in -Refinery -Contract.

Larsen and Toubro (L&T) (Larsen & Toubro mutual fund login) Hydrocarbon Engineering (LTHE), a wholly-owned subsidiary of infrastructure major L&T, has emerged as the lowest bidder for the HPCL Rajasthan Refinery's (HRRL) two engineering, procurement, construction, and commissioning packages, namely Petro FCC and DFCU coming up at Barmer, Rajasthan, according to sources. The combined value for the packages will be around ₹ 13,000 crore. The two projects include HPCL Rajasthan Refinery Petro FCC and dual feed cracker projects.

HPCL Rajasthan Refinery opened the financial bids submitted (larsen & toubro mutual fund login)  by the two bidders (Petrofac and L&T Heavy Engineering) for the Petro FCC package and three bidders (Tecnimont+JGC, Petrofac, and L&T Heavy Engineering) for the DFCU package this month. Petrofac's bid got disqualified for both the packages, said sources. HRRL is a joint venture between the Hindustan Petroleum Corporation (HPCL) and the government of Rajasthan with an equity participation of 74 percent and 26 percent, respectively.

The scope briefly involves the engineering, procurement, and construction of two critical process blocks of a 9.0 MMTPA integrated refinery cum petrochemical complex namely the Rajasthan Refinery Project. 

The licensor for both the blocks is TechnipFMC and the project management consultant is Engineers India Limited. The capacity of PFCC is 2.9 MMTPA while DFCU's capacity is of 1.0 MMTPA