"Air Products will build, own, and operate (BOO) a new industrial gases complex supplying hydrogen, nitrogen and steam to IOCL's Barauni Refinery in Bihar," the firm said in a statement. However, the firm did not reveal the financial details of the contract.
The firm further added that the new industrial gas complex will aid Barauni capacity expansion from six to nine million tonnes per annum producing Euro-VI or BS-VI compliant petrol and diesel.
"The industrial gas complex will include the latest generation multi-feed hydrogen production facility supplying 70,000 normal cubic metres per hour (Nm3/hr) of hydrogen as well as steam, and a high-efficiency air separation unit producing 4,000 Nm3/hr of nitrogen," it said.
With this new supply agreement, the industrial gases leader expects its industrial gas complex for IOCL to come onstream in 2024.
Once completed, the new Barauni project will become Air Products' second BOO project in India after the Kochi industrial gas complex at BPCL's Kochi refinery in Kerala.
With inputs from PTI.