IOC to invest Rs 6000 cr for Delayed Coking Unit at Vadodara plant

The Indian Oil Corporations Gujarat refinery will invest around Rs 6,000 crore to set up a Delayed Coking Unit at its Vadodara plant to convert low value residual products of crude from north Gujarat,to higher value oil.

The Indian Oil Corporations Gujarat refinery will invest around Rs 6,000 crore to set up a Delayed Coking Unit (DCU) at its Vadodara plant to convert low value residual products of crude from north Gujarat,to higher value oil.

The setting up of this unit will be part of the overall efficiency and quality development programme at the refinery. This will be made operational by the beginning of next year.

The DCU will have a capacity of four mmt.

IOC will fund the project through internal accruals and other borrowings,if required.

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A S Basu,Executive Director,Gujarat Refinery said: North Gujarat crude is high on sulphur,metal and acid content. Processing it in catalytic conversion units creates problem. Thats why we have decided to have a delayed coaker plant.

He was speaking at IOCs 50th year celebration,which began here on Tuesday. The celebrations will go on for about two months.

The main objective of the delayed coking unit is to convert low value residual products to lighter products of higher value and to produce a coke product,whose value will depend on its properties such as sulphur and metals,among others.

The coking unit will also be used to refine the low quality crude from Rajasthan and other places. Apart from this,several other projects including residue upgradation programmes are being planned.

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Basu further said: Efficiency,quality improvement and providing value added products is our focus now.

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IOC to invest Rs 6000 cr for Delayed Coking Unit at Vadodara plant

The Indian Oil Corporations Gujarat refinery will invest around Rs 6,000 crore to set up a Delayed Coking Unit at its Vadodara plant to convert low value residual products of crude from north Gujarat,to higher value oil.

The Indian Oil Corporations Gujarat refinery will invest around Rs 6,000 crore to set up a Delayed Coking Unit at its Vadodara plant to convert low value residual products of crude from north Gujarat,to higher value oil.