Tata Projects forays into chemicals sector

Tata Projects Ltd (TPL) marks a major milestone with successful acquisition of nitric acid expansion project of Deepak Fertilizers and Petrochemicals Ltd (DFPCL).

The nitric acid expansion project, located at DFPCL's Dahej plant in Gujarat, required the provision of comprehensive engineering, procurement and construction management (EPCM) services, as well as front-end engineering design (FEED) responsibility for off-site and utilities. Central to the project scope is the expansion of the nitric acid plant to include a 900 TPD weak nitric acid plant, a 2 X 225 TPD concentrated nitric acid plant and associated off-site and utility facilities, including storage and loading facilities. The licensees of the project include M/s Casale for weak nitric acid and M/s KBR for concentrated nitric acid.

Rajiv Menon, President and Chief Operating Officer, Energy & Industrial Business, Tata Projects said: "Tata Projects' journey in recent years has been remarkable, from significant growth in onshore terminals to the acquisition of DPFCL, which further strengthened our determination to become a diversified, technology-driven EPC company. The Nitric Acid Integrated Project demonstrates our ability to employ a variety of contracting models and reinforces our commitment to customer focus."

Menon further added that, "we firmly place safe, predictable delivery and accountability as our core values, aiming to increase their production capacity and efficiency while reducing environmental impact and operating costs."

"The partnership with TPL marks another important milestone in DFPCL's journey in the specialty chemicals segment. The nitric acid plant is designed to optimize capital and operating expenditures while prioritizing energy efficiency and environmental sustainability while minimizing nitrogen oxide emissions. Through this partnership, we have agreed that India is emerging as an important manufacturing hub in the fast-growing pharmaceutical, steel, solar and agri-industrial sectors with growing demand from customers in these sectors." said Arun Vijay, Project President, DFPCL.

The project commenced on February 19, 2024, with mechanical completion scheduled for September 30, 2025, and is structured as a FEED Plus EPCM Open Book Value contract convertible to LSTK later.