Technip Energies wins HPCL EPC for Mumbai lube modernisation
- Technip Energies won an EPC contract from Hindustan Petroleum (HPCL) for the Lube Modernization and Bottom Upgradation (LMBU) at Mumbai Refinery.
- The contract includes delivery of a 550 KTA Integrated Hydrocracker and Catalytic Dewaxing (IHCD) unit and an 850 KTA Solvent Deasphalting (SDA) unit.
- The project will modernise production of lube oil base stocks and convert heavier refinery streams into higher‑value products.
- The award is classed as "large" for Technip Energies (representing €250–€500m of revenue) and will be recorded in the Project Delivery backlog in Q3 2026.
Scope of the award
Technip Energies has been awarded an Engineering, Procurement and Construction (EPC) contract by Hindustan Petroleum Corporation Limited for the Lube Modernization and Bottom Upgradation (LMBU) project at the Mumbai Refinery in Maharashtra, India. The new units will be integrated into the operating refinery.
Process units and capacities
The contract covers delivery of a 550 KTA (kilotonnes per annum) Integrated Hydrocracker and Catalytic Dewaxing (IHCD) unit and an 850 KTA Solvent Deasphalting (SDA) unit, which together form a major part of HPCL’s LMBU scope.
Strategic and operational impact
The project will modernise HPCL’s production of lube oil base stocks used for engine oils and industrial lubricants, and upgrade heavier refinery streams into higher‑value products to improve resource utilisation and the refinery’s competitiveness.
Commercial treatment
Technip Energies describes the award as "large," a category it defines as €250–€500 million of revenue; the order intake will be recorded in the Project Delivery segment’s backlog in Q3 2026. Loïc Chapuis, President Project Delivery and Services at Technip Energies, said the award reflects long‑standing ties with HPCL spanning more than two decades.
Source: T.EN