Upgradation of HPCL's Mumbai refinery delayed
A Business Correspondent
Problems faced by Bharat Heavy Plates and Vessel, the
supplier of critical equipment like heaters, quench tower and boilers, could
affect the implementation schedule of HPCL's Mumbai refinery upgradation
project. BHPV is facing a financial problem and is also encountering manpower
shortage due to VRS implemented by the company. The project was to be completed
by July 2007, but given its current status, the project may not be complete
before September. The company is also facing problems with the Maharashtra
government over land acquisition.
The upgradation project involves de-bottlenecking of the primary and secondary
processing units at the refinery. The upgradation has become necessary since the
Union government decided to implement Euro III and Euro IV vehicular emission
norms in phases by 2010.
[31 July 2006]