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Technip Energies Wins BPCL Refineries Contracts

Technip Energies (PARIS:TE) has been awarded two large(1) contracts by Bharat Petroleum Corporation Limited (BPCL) for key projects at its Bina refinery in Madhya Pradesh and Mumbai refinery in Maharashtra, India.

The first contract covers Engineering, Procurement, Construction and Commissioning (EPCC) for new polypropylene and Butene-1 units at the Bina refinery in Madhya Pradesh. The units will produce 550 KTPA(2) of polypropylene and 50 KTPA of Butene-1, essential building blocks for widely used products such as packaging materials, pipes and automotive components. This contract is part of BPCL’s Bina Petchem and Refinery Expansion Project, encompassing refinery capacity increase as well as the construction of a new cracker and downstream petrochemical units.

The second contract covers Engineering, Procurement and Construction management (EPsCm) services for a 3 MMTPA(3) Petro Resid Fluidized Catalytic Cracker Unit (PRFCC) at the Mumbai Refinery in Maharashtra. This will be India’s first PRFCC unit, converting heavy refinery residues into lighter, higher-value products. The scope also includes auxiliary units along with associated offsites and utilities.

These awards reinforce more than two decades of collaboration between Technip Energies and BPCL. With a strong local presence in Delhi, Mumbai, Chennai, Ahmedabad, and Dahej, and over 50 years of operational experience in India, Technip Energies remains committed to advancing the country’s energy infrastructure through large-scale and complex energy projects.

Davendra Kumar, Managing Director, Technip Energies India, said: “We are honored to support BPCL on these important development plans for the Bina and Mumbai sites. These awards reflect our client’s confidence in our engineering capabilities and our ability to deliver complex projects. With our strong local presence and decades of expertise, we are proud to contribute to India’s energy infrastructure and economic growth.” 

(1)The sum of two contracts is a “large” award for Technip Energies, representing between €250 million and €500 million of revenue. These awards were recorded in Q4 2025 in the Project Delivery and Technology, Products & Services segments.

(2) KTPA: kilotons per annum.

(3) MMTPA: million metric tons per annum.

About Technip Energies

Technip Energies is a global technology and engineering powerhouse. With leadership positions in LNG, hydrogen, ethylene, sustainable chemistry, and CO2 management, we are contributing to the development of critical markets such as energy, energy derivatives, decarbonization, and circularity. Our complementary business segments, Technology, Products and Services (TPS) and Project Delivery, turn innovation into scalable and industrial reality.

Through collaboration and excellence in execution, our 17,000+ employees across 34 countries are fully committed to bridging prosperity with sustainability for a world designed to last.

Technip Energies generated revenues of €6.9 billion in 2024 and is listed on Euronext Paris. The Company also has American Depositary Receipts trading over the counter.

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