IndianOil has bagged the World Petroleum Congress (WPC) Excellence Award for its innovative and ground-breaking INDMAX technology at the recently concluded 22nd edition of the WPC I n Istanbul, Turkey.
The award was presented to Mr. Sanjiv Singh, Chairman, IndianOil, and Dr. SSV Ramakumar, Director (R&D), by Mr. Abdullah bin Hamad Al Attiyah, former Deputy Prime Minister & Minister of Energy and Industry, Qatar.
Speaking on the occasion, Mr. Sanjiv Singh said, “We are very happy to receive this prestigious award that endorses IndianOil’s efforts in developing world-class refining technologies in-house, at its R&D Centre. With a superior LPG yield, the INDMAX technology will help us expand the availability of this environment-friendly fuel in the domestic market, thereby contributing to the national agenda of promoting LPG as a clean and convenient cooking fuel.”
Dr. SSV Ramakumar added, “It is a great endorsement of our INDMAX technology, for enhancing the yield of LPG and light distillates, coming from a premium global body and it will provide the much-needed fillip to commercialise our in-house developed refinery processes globally.”
Developed by IndianOil’s R&D Centre, the INDMAX technology is highly suitable for heavy crude oil feeds contaminated with metals. IndianOil had set up an INDMAX pilot plant of 0.1 million metric tonnes per annum (MMTPA) capacity at its Guwahati Refinery in the year 2003. Thereafter, a full-size (4.17 MMTPA) unit was incorporated at its state-of-the-art Paradip Refinery commissioned in March 2016.
The INDMAX technology (a type of fluidised catalytic cracking, or FCC, technology) is designed to produce 44% LPG, the highest yield from such units. The commissioning of the commercial-scale INDMAX unit at Paradip marked a major milestone for Indian refining and catapulted IndianOil into the league of world-class technology licensors.
Riding on the success at Paradip, the IndianOil Board has approved the setting up of an INDMAX unit (including LPG treatment) of 0.740 MMTPA capacity at its Bongaigaon Refinery. It is scheduled to be commissioned in 2019.
In addition to the WPC Excellence award for INDMAX technology, IndianOil also won the top honours for the unsurpassed scale of implementation of Pradhan Mantri Ujjwala Yojana (PMUY) it had spearheaded for distribution of deposit-free LPG connections to below-poverty-line families.
Latest posts by Team EnergyInfraPost (see all)
- Global Crude Oil Price Of Indian Basket Was US$ 61.57 Per Bbl On 23.11.2017 – November 24, 2017
- Reliance Closes Sale Of Its Assets In The Marcellus Shale – November 24, 2017
- Global Crude Oil Price Of Indian Basket Was US$ 61.54 Per Bbl On 22.11.2017 – November 23, 2017