Technip Energies Secures Two Major Contracts in India
Technip Energies has secured two major contracts awarded by Bharat Petroleum Corporation Limited (BPCL) for key projects at its refineries in Bina, Madhya Pradesh, and Mumbai, Maharashtra, India. The combined value of these contracts represents a "large" contract for the technology and engineering company, amounting to revenue between 250 and 500 million euros. These contracts were recorded in the fourth quarter of 2025 within the Project Delivery and Technology, Products & Services segments.
The first contract covers engineering, procurement, construction, and commissioning (EPCC) services for new polypropylene and butene-1 units at the Bina refinery. These units will respectively produce 550 KTPA (kilotonnes per annum) of polypropylene and 50 KTPA of butene-1, both essential components used in the manufacturing of everyday products such as packaging materials, pipelines, and automotive parts. This contract is part of BPCL's Bina petrochemical and refinery expansion project, which includes increasing refining capacity, building a new steam cracker, and developing downstream petrochemical units.
The second contract is for engineering, procurement services, and construction management (EPsCm) for a 3 MMTPA (million metric tonnes per annum) petroleum residue fluidized catalytic cracking (PRFCC) unit at the Mumbai refinery. This will be the first PRFCC unit of its kind in India, designed to convert heavy refinery residues into lighter, higher-value products. The scope also includes auxiliary units as well as off-site facilities and associated utilities.
These contracts further strengthen more than 20 years of collaboration between Technip Energies and BPCL. With a local presence in Delhi, Mumbai, Chennai, Ahmedabad, and Dahej, as well as over 50 years of operational experience in India, Technip Energies remains fully committed to supporting the country's energy infrastructure development through the execution of complex, large-scale projects.
Technip Energies N.V. is an Engineering and Technology company specialized in providing projects, technologies, products and services on energy infrastructure both onshore and offshore (LNG, downstream, sustainable chemistry, hydrogen, CO2 management and marine infrastructure). Net sales break down by activity as follows:
- project delivery (70.6%);
- technology integration, equipment sale and services (29.4%).
Net sales are distributed geographically as follows: Europe and Central Asia (16.8%), Africa and the Middle East (59.4%), America (12.9%) and Asia/Pacific (10.9%).
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