Tender Worth Over Rs 391 Crore Floated By IOCL
Indian Oil Corporation (IOCL) has floated tender inviting bids from eligible bidders for setting up of Grassroot Lube Complex in Chennai. As per the tender, the scope of the work involves the design, engineering, procurement, and construction (EPC) and commissioning of mechanical works for storage tanks, tank farm equipment’s, process equipment’s, utility equipment’s, pipeline works, warehouse management system, filling lines and installation of Free issued core process equipment’s, etc including AMC for five years for setting up of Grassroot Lube Complex at Amullavoyal and Vaikkadu villages in Chennai.
The estimated cost of the project is Rs 391.22 crore with a completion period of 16 months.
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