L&T Wins Major BPCL Contract for India’s Largest Polyethylene Unit

Larsen & Toubro (L&T), has announced a significant boost to its hydrocarbon portfolio by securing a “major” contract from Bharat Petroleum Corporation Ltd (BPCL).

The project, to be executed by L&T’s Hydrocarbon Onshore business vertical, involves the engineering, procurement, construction, and commissioning of a Linear Low-Density Polyethylene (LLDPE) / High-Density Polyethylene (HDPE) Swing Unit.

Located in Bina, Madhya Pradesh, this facility will consist of two trains, each with a capacity of 575 KTPA.

Once completed, it will stand as India’s largest LLDPE / HDPE Swing Unit, establishing a new benchmark for the nation’s polyethylene production capacity.

Financial and Strategic Impact

In line with L&T’s project classification, a “major” order is valued between ₹5,000 crore and ₹10,000 crore.

Subramanian Sarma, Deputy Managing Director and President of L&T, noted that this win will not only strengthen the company’s balance sheet but also reinforce its reputation in the downstream hydrocarbon EPC (Engineering, Procurement, and Construction) sector.

The project is a critical component of BPCL’s broader Bina Petrochemicals & Refinery Expansion Project, which seeks to increase refinery capacity from 7.8 MMTPA to approximately 11 MMTPA.

Furthermore, the initiative is closely aligned with the Government of India’s ‘Aatmanirbhar Bharat’ vision, aiming for self-sufficiency in polymer production and bolstering domestic manufacturing.

The contract will be executed on a Lump Sum Turnkey basis. E S Sathyanarayanan, Senior Vice President at L&T Energy Hydrocarbon, emphasised that the win reflects the trust customers place in L&T’s execution capabilities, adding that the team is committed to maintaining high standards of HSE (Health, Safety, and Environment) and quality throughout the project lifecycle.

This latest achievement adds to L&T Onshore’s extensive track record of delivering complex refinery expansions and petrochemical complexes across various global geographies.

Disclaimer: The information provided is for educational purposes only and does not constitute financial advice. We are not registered financial advisors. Please conduct your own research and consult a qualified advisor before making investment decisions. Any investment decisions you make based on this information are solely at your own risk.

---