TBW bags Rs 220-million order from Indian Oil Corporation

Our Corporate Bureau
20 February 2003

For TBW, this comes at a very opportune time as the company is witnessing robust business from Indian multinational corporations as well as global Fortune 500 giants like Petronas.

The two 50 TPH, 39 kg/cm2g, 450 degree C oil and natural gas fired bi-drum, bottom supported boilers will be installed in August 2003. The order was bagged amidst stiff competition on LSTK (lump-sum turnkey) basis including supply of the boiler, auxiliaries, complete civil foundation work and erection and commissioning.

Says K K Diwakar, group general manager (marketing), TBW: “The scope of supply is large, consisting of substantial battery limit piping, advanced instrumentation and an advanced Foxboro IA distributed control system for the boiler controls.”

Adds Shyam Bhutada, senior manager (marketing), TBW: “Further, the deaerator, feedwater pumps and oil pumps are designed to cater to the new as well as the existing boilers. The new boilers when commissioned will help IOC to use the existing boilers as a standby steam source for their power plant which is critical to their operation.” The boiler is designed to fire low sulphur heavy oil, light oil, naphtha and natural gas through a TBW make oil and gas burner.

The Rs 1,15,039-crore IOC, which has seven refineries across India, has embarked on a massive Rs 500-crore expansion work wherein its boilers, piping and layout will be upgraded and new equipment installed. IOC’s association with TBW has evolved over a period of time with initial orders for repairs and maintenance at IOC Baroda and IOC Digboi.

For IOC Guwahati, which is the oldest refinery in India set up in 1962, TBW has provided quality repair and maintenance work. With the new order, the relationship has now matured, further giving TBW an opportunity to serve the oldest player in the Indian oil sector.