Financial Daily from THE HINDU group of publications
Tuesday, May 20, 2003
Financial Daily from THE HINDU group of publications Tuesday, May 20, 2003 |
|
|
|
|
|
Corporate
-
Modernisation TBW to upgrade IOC boilers at Barauni Our Bureau
NEW DELHI, May 19 THERMAX Babcock &Wilcox Ltd (TBW), the captive power and cogeneration boiler company, has signed up an order for automation and spares worth Rs 11 crore with Indian Oil Corporation (IOC) to help the public sector oil major save crores of rupees. IOC's Barauni refinery in Bihar has two 38-year-old outdated boilers that were on the verge of replacement. The huge saving has been made possible by TBW, which has taken up the job of upgrading the boilers to the latest designs to ensure safe and reliable operations. IOC Barauni would have had to spend about Rs 45 crore to buy new boilers as replacement of the old ones, but with TBW stepping in, the country's largest refinery would be saving a total of Rs 34 crore. This apart, the oil major would also be saving Rs 38 lakh annually owing to higher efficiency on fuel alone. "Since the boilers are Russian make, the spares are very difficult to source. Our indigenous technology will not only ensure the upgradation of the boilers but also eliminate the erstwhile dangerous manual firing system," Mr R. Advani, Vice-President, TBW, said in a statement. Following the renovation, the NOX (Nitrogen Oxide) emissions from the boilers, which were way above the standards, would be down to 150 ppm (parts per million) on firing with refinery gas — an in-house process generated fuel. IOC Barauni had floated a global enquiry with the objective of upgrading its boilers to achieve improved performance and compatibility with the new distributed control system (DCS) that is being installed by IOC. Since the boilers hitherto were under manual supervision, there was a sheer lack of control and instrumentation leading to chaos at times.
Article E-Mail :: Comment :: Syndication
|
Stories in this Section |
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | Home |
Copyright © 2003, The
Hindu Business Line. Republication or redissemination of the contents of
this screen are expressly prohibited without the written consent of
The Hindu Business Line
|