Deals Counterparts

Technip Energies awarded contracts by BPCL for refinery processing units

Development Utilities announced India Feb 25, 2026
3 MMTPA
Capacity
development
Stage
Butene-1 and polypropylene units
Project

Technip Energies has been awarded two contracts by Bharat Petroleum Corporation Limited to develop new processing units at BPCL’s refineries in Madhya Pradesh and Mumbai. The first contract covers the Engineering, Procurement, Construction, and Commissioning of new Butene-1 and polypropylene units at BPCL’s refinery in Madhya Pradesh, while the second contract refers to Technip handling the Engineering, Procurement, and Construction management (EPSCm) services needed to develop a 3 MMTPA Petro Resid Fluidized Catalytic Cracker Unit (PRFCC) at BPCL’s refinery in Mumbai.

Deal Analysis

Technip Energies has secured two contracts from Bharat Petroleum Corporation Limited (BPCL) to develop new processing units at BPCL's refineries in Madhya Pradesh and Mumbai. The contracts encompass the Engineering, Procurement, Construction, and Commissioning (EPCC) of Butene-1 and polypropylene units in Madhya Pradesh, and Engineering, Procurement, and Construction management (EPSCm) services for a 3 MMTPA Petro Resid Fluidized Catalytic Cracker Unit (PRFCC) in Mumbai. This development signifies BPCL's commitment to expanding and upgrading its refining capabilities within India. While the financial value of the deal remains undisclosed, the involvement of Technip Energies, a prominent engineering and technology company focused on the energy transition, highlights the technical complexity and strategic importance of these projects. The development of new processing units, particularly the PRFCC unit, suggests a focus on enhancing the efficiency and output of BPCL's refineries. This deal is notable as it involves a major national oil company investing in upgrading its infrastructure with the help of a global engineering firm.
  • Technip Energies awarded two contracts by BPCL for refinery processing units.
  • The deal involves the development of Butene-1, polypropylene, and PRFCC units.
  • Technip Energies' involvement highlights the technical complexity of the projects.
  • BPCL is investing in upgrading its refining infrastructure.
Market Context: The utilities sector in India is experiencing growth driven by increasing energy demand and government initiatives to modernize infrastructure. Refinery upgrades are crucial for meeting domestic fuel needs and improving operational efficiency.

Source Intelligence

KEY DETAILS

The second contract refers to Technip handling the Engineering, Procurement, and Construction management (EPSCm) services needed to develop a 3 MMTPA Petro Resid Fluidized Catalytic Cracker Unit (PRFCC) at BPCL’s refinery in Mumbai, which, once completed, will be India’s first-ever PRFCC unit , exemplifying the national importance of the project.

Capacity
to develop a 3 MMTPA Petro Resid Fluidized Catalytic Cracker Unit (PRFCC) at BPCL’s refinery in Mumbai
Location
BPCl’s refineries in Madhya Pradesh
Announcement
by Warren February 24, 2026
PARTIES MENTIONED IN SOURCE
T
Technip Energies developer

"Technip Energies, a major global energy technology company with over 17,000 employees across 34 countries, has been awarded two contracts to deliver additional processing units at BPCL’s Bina and Mumbai refineries."

B
Bharat Petroleum Corporation Limited buyer

"In a recent deal that saw Technip Energies awarded two contracts by Bharat Petroleum Corporation Limited, Technip will now develop new processing units at BPCl’s refineries in Madhya Pradesh and Mumbai."

B
BPCL buyer

"Technip Energies wins large-scale awards to deliver additional processing units at BPCL’s Bina and Mumbai refineries"

medium quality Enriched Feb 25, 2026

Timeline

Announced
Feb 25, 2026
Signed
Closed

Market Context

This deal is part of the Utilities sector in India.
65
Utilities deals
156
deals in India
1 of 65 Utilities deals tracked this month · Updated daily

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