Ahmedabad: Nayara Energy, which currently operates the second-largest private sector refinery in India with a capacity of 20 MMTPA at Vadinar, Gujarat has inked a contract with thyssenkrupp Industrial Solutions (India), a leading partner for engineering, construction, and service of industrial plants and systems in India and abroad, for its foray into petrochemicals sector and setting up related units near its existing facility in the coastal town of Devbhoomi Dwarka district.

According to an official release issued today thyssenkrupp Industrial Solutions (India), has inked a contract with Nayara Energy, an integrated downstream company, through a global tendering process. In terms of the contract, thyssenkrupp will provide project management consultancy services for Nayara Energy’s upcoming petrochemical units in Vadinar.

Nayara Energy currently operates the second-largest private sector refinery in India with a capacity of 20 MMTPA at Vadinar, Gujarat. The company endeavours to diversify its energy basket with a foray into petrochemicals, and a vision for making Devbhumi Dwarka district in Gujarat a petrochemical hub in India.

The project will mark Nayara’s foray into the Petrochemical sector by building a world-scale capacity Polypropylene Unit and Methyl Tertiary-Butyl Ether (MTBE) Unit. It also involves revamp of the existing FCC unit and building of a Propylene Recovery Unit and associated off-sites & utility facilities.

The thyssenkrupp is currently engaged in implementing projects for a number of refining and petrochemical complexes in India and abroad, on PMC and EPCM basis. In addition to the petrochemical business, the company has a global presence in other chemical process and allied industries.

DeshGujarat