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A consortium of Tecnimont S.p.A. and Tecnimont Private Limited has been awarded a $450 million EPCC lump sum contract by Indian Oil Corporation Limited to build a new para-xylene plant with a capacity of 800,000 tons per year in Paradip, Odisha, India. Mechanical completion is scheduled 33 months from award.
“The overall value of the contract is about USD 450 million.”groupmaire.com
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