thyssenkrupp inks contract with SHV Energy for LPG terminal expansion project at Tuticorin
SHV Energy Private Limited has selected thyssenkrupp Industrial Solutions (India) to renderConsultancy Services on Engineering, Procurement, Construction Management (EPCM) basisfor their Tuticorin Terminal Expansion Project at Tamilnadu, India.
The LPG Import Terminal expansion project will be set up alongside the energy major’sexisting LPG Terminal. The project will also include installation of the new unloading arms at jetty and a 4 km cross-country pipelines for the transfer of the propane and butane to thecryogenic storage tanks from the jetty. In addition to the storage capacity enhancement andthe additional facilities, the project will also increase the LPG terminal throughput threefold. The project will be implemented in two phases. In the first stage, thyssenkrupp Industrial Solutions (India) will render Basic Engineering validation and Cost Estimation Services. In the second phase, Detailed Engineering, Procurement Management and Construction Management Services will be rendered. The project is expected to be completed by May,2022.
Commenting on the contract, Mr PD Samudra, CEO & MD, thyssenkrupp Industrial Solutions (India) said: ‘We are indeed honoured to be entrusted with this prestigious project of SHV Energy and pleased to be able to assist them in their project plans. Our experience incryogenic storages dates back to the seventies, and we look forward to leveraging ourexperience in this field for this important project. thyssenkrupp is well known in India forengineering and execution of plants for Storages, Fertilisers, Petrochemicals and Polymers, Refinery Units, Caustic Soda-Chlorine and Metallurgical plants.’
The project serves to vindicate thyssenkrupp’ s remarkable record in the cryogenic storage sector. To date the engineering major, which enjoys a plus 50% domestic market share, has implemented in excess of 100 major Storage facilities for a variety of liquefied gases, including Ammonia, LPG, Ethylene and Propylene, many of which have been implemented on EPC-LSTK basis.
About thyssenkrupp Industrial Solutions:
thyssenkrupp Industrial Solutions is a leading partner for the engineering, construction and service of industrial plants and systems. Based on more than 200 years of experience we supply tailored, turnkey plants and components for customers in the chemical, fertilizer, cement, mining and steel industries. Around 11,500 employees worldwide form a global network with a technology portfolio that guarantees productivity and cost-efficiency to the highest extent possible.
For more information visit: www.thyssenkrupp-industrial-solutions.com
About SHV Energy:
SHV Energy is a fully owned subsidiary of the 123 years old Dutch conglomerate SHV Holdings NV The Netherlands. The energy major, which is well-renowned for its ‘SUPERGAS’ brand, has a good footprintin the energy distribution sector. SHV operates LPG storage terminals at Tuticorin, and Porbandar and has a number of LPG bottling plants and a wide network of dealers and customers base across India.