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According to Sinochem New Network, on January 16, Indian engineering giant Larsen & Toubro (L&T) announced that it had won a large-scale EPC contract from Petronet LNG, the largest importer of liquefied natural gas (LNG) among Indian state-owned companies. Under this contract, L&T will build advanced storage and processing facilities in the Dahisar petrochemical complex in Gujarat. This project is the core component of India’s first petrochemical complex that integrates the utilization of cold energy from LNG receiving stations, aiming to address the supply-demand gap for polypropylene (PP) in the country. L&T will be responsible for constructing a 170,000-cubic-meter double-wall LNG/ethane storage tank and a 140,000-cubic-meter double-wall propane storage tank, as well as providing facilities for the processing and delivery of ethane and propane to support the propane dehydrogenation (PDH) and polypropylene plants in the park. Petronet LNG is India’s largest LNG importer, established as a joint venture among several state-owned energy giants. Since 2021, the company has been pursuing a strategy of business diversification, and this investment of 206.8 billion rupees (approximately $2.2 billion) in building the Dakh Petrochemical Complex is a key step in its expansion toward lower stages of the value chain. The complex is planned to produce 750,000 tons of PDH and 500,000 tons of polypropylene per year.