Petrochemical Project Management Sample Clauses

Petrochemical Project Management. (I) Capacity enhancement projects of UPPC (GAIL) GAIL took up (August 2010) implementation of capacity expansion project of UPPC including ethane/propane recovery plant at Vijaipur. There was delay in execution of this project with resultant overshooting of target date for completion and non-achieving the targeted MoU production as discussed below. The project envisaging expansion of polymer production capacity by 4.00 LMTPA at a capex of ` 8140 crore1 was to come up at two locations viz. ethane/propane (C2/C3) recovery and enrichment plant at Vijaipur (Madhya Pradesh) and expansion of capacities at UPPC (Pata-II). The project was scheduled to be mechanically completed in 42 months from date of appointment of EPCM consultant. Engineers India Limited (EIL) was appointed (11 August 2010) as EPCM consultant for the project on nomination basis. Considering the scheduled completion period of 42 months, the date of completion of project at Pata II and Vijaipur was scheduled as 10 February 2014. Financing portfolio for setting up of project was considered with debt component of ` 5258 crore in the Debt: Equity ratio of 60:40. Plant at Vijaipur envisaged recovery of heavier fractions (ethane/propane - C2/C3) of NG available from HVJ pipeline. Ethane/propane recovered (about 1.25 MMSCMD) would be re-injected into pipeline to enrich the NG with ethane/propane component for subsequent consumption at UPPC. Plant at Vijaipur (GSU and GPU) was mechanically completed on 30 August 2014 against the target of February 2014 and commissioned in March 2015 with a delay of 12 months in commissioning. Expansion of existing capacity of UPPC was envisaged by setting up GCU (4.50 LMTPA) and downstream unit (4.00 LMTPA), butene-1 plant (20 TMTPA) along with required liquid hydrocarbon recovery facilities. Project was partially commissioned in March 2015 against the scheduled completion of February 2014. Audit noticed that; • Eleven major work contracts (plant at Vijaipur) awarded during the period February 2011 to September 2013 with scheduled completion between May 2012 and January 2014 were not completed within the scheduled time. These projects were subsequently completed with a delay ranging between 10 and 32 months. Details of major work orders, project schedule, physical progress where slippages noticed and reasons thereof are given in Annexure-X. • Nine major work contracts (Xxxx XX) awarded during the period May 2011 to June 2012 with scheduled completion between August 2012...
Sample 1
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