Thursday, 20 July 2017

BPCL's Kochi makeover: Pricing model for

BPCL is undertaking a massive expansion of its Kochi refinery complex. Like IOC did with the Paradip refinery, BPCL is trying out the "over the fence" gas utility supply model in Kochi.
The website carries here a detailed pricing mechanism for such a model, taking into consideration two model with gas as a feed and fuel, one involving power from a captive plant owned by the Build Own Operate entity or with power from provided by BPCL or procured from other sources.
The pricing of syngas, hydrogen and steam will depend on the operating efficiency at varying capacities. There will be a fixed and a monthly charge. The outsourced gas supply complex will cost Rs 2500 crore.

State of art features: The Kochi expansion to 15 MMTPA along with a petrochemical complex is a big one by any yardstick.
But BPCL claims that it has built in a lot of state of art features
And this includes:
Heat recovery belt
Power recovery expander
Electrostatic precipitators, among others

What is it going to do with its propylene output?

How is BPCL's Kochi refinery going to use the 500 TMT of polymer grade propylene that it will make out of its petrochemical complex?
A lot of it will go into specialty polymers and chemicals
Total project cost for manufacturing is $ 700 million

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