Millennium Post

IOC to commission Paradip refinery soon

With about 96 per cent construction work of its refinery at Odisha's Paradip already complete, Indian Oil Corporation Ltd (IOCL) expects to commission it very soon.

‘Overall 96 per cent construction of the oil refinery project here has been done so far. We expect it will be commissioned very soon,’ Executive Director in-charge of the project, Ramjee Ram said.

Stating that the Paradip project would contribute significantly towards the growth of the country, the state as well as the IOCL, Ram said the refinery was Indian Oil's largest investment in a single project and was the first zero-residue refinery of the country.

The 15 MMTPA Paradip refinery is Indian Oil's dream project, designed with a Nelson Complexity Index of 11.3, he said while addressing a function organised here on Monday to mark the Indian Oil Day. The refinery was designed to operate on a broad basket of crude oils, including cheaper, high sulphur and heavy grades and was configured to perform with high energy efficiency, Ram said adding the processing scheme has combinations of hydrocracker unit and delayed coker unit to maximise distillate yield like jet fuel, kerosene and diesel.

According to Ram, the major products would be liquefied petroleum gas, naptha, motor spirit, diesel and sulphur. The latest state-of-art global process technologies were being employed and entire range of products would be high value distillates.

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