Punj Lloyd bags crude oil storage project in Mangalore

Punj Lloyd today has bagged a Rs 330 crore order from Ministry of Petroleum and Natural Gas for process facilities & utilities at an upcoming crude oil storage cavern in Mangalore.

The project, located near Mangalore Refinery and Petrochemicals Limited, is scheduled to be completed within a period of 29 months.

This is the first cavern project for the Group and has been awarded by Indian Strategic Petroleum Reserves (ISPR), a wholly owned subsidiary of Oil Industry Development Board.

The scope of work for the project involves engineering, procurement, construction and commissioning of systems for crude oil receipt, pumping out, metering, recirculation, heating, waste water treatment, utilities production, flaring and operation buildings.

The Mangalore crude oil storage will comprise two separate but identical underground caverns, each about 900 metres long, having a total capacity of 1.5 million tonnes of crude oil.

source: ET