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Technip Energies awarded two large contracts by BPCL for new units at Bina and Mumbai refineries in India
Globenewswire· 2026-01-07 06:00
Core Insights - Technip Energies has been awarded two significant contracts by Bharat Petroleum Corporation Limited (BPCL) for projects at the Bina and Mumbai refineries in India, reinforcing a long-standing collaboration between the two companies [1][4]. Contract Details - The first contract involves Engineering, Procurement, Construction and Commissioning (EPCC) for new polypropylene and Butene-1 units at the Bina refinery, with a production capacity of 550 KTPA of polypropylene and 50 KTPA of Butene-1, which are essential for various products [2]. - The second contract includes Engineering, Procurement and Construction management (EPsCm) services for a 3 MMTPA Petro Resid Fluidized Catalytic Cracker Unit (PRFCC) at the Mumbai refinery, marking it as India's first PRFCC unit [3]. Financial Impact - The total value of the two contracts is estimated to be between €250 million and €500 million, contributing to Technip Energies' revenue and recorded in Q4 2025 [5]. Company Background - Technip Energies is a global technology and engineering firm with over 50 years of operational experience in India, focusing on advancing the country's energy infrastructure through large-scale projects [4][7]. - The company generated revenues of €6.9 billion in 2024 and is listed on Euronext Paris, with a workforce of over 17,000 employees across 34 countries [8].