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Essar Oil Refinery, Vadinar, Gujarat

Order Year

1996

Construction Started

1996, but was delayed, then restarted in 2005

Project Type

Grass roots refinery

Project Cost

Rs10,826 crore ($2.4bn)

Location

Vadinar, Jamnagar, Gujarat, India

Estimated Investment

Rs98,740 ($2.26bn)

Completion

2006

Expansion

Phase l to be commissioned by March 2011 and phase ll by March 2013

Sponsors

Essar Oil Ltd, Essar Shipping Ltd, Vadinar Oil Terminal Ltd, Petronet India Ltd

Lead Contractors and Designers

ABB Lummus, TCE, Larsen and Toubro, Semb Co E&C, Essar Shipping Ltd

Financial

ICIC Bank, IDBI Bank, IFCI Bank, Essar Oil Ltd, Essar Shipping Ltd, Vadinar Oil Terminal Ltd, Essar Projects, Housing and Urban Development Corporation Ltd (HUDCO)
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