ABB wins US$ 500 million oil refinery contract for India

ABB to supply equipment and manage construction of one of Indias first private sector oil refineries

Zurich, Switzerland, October 24, 1996 - ABB, the international electrical engineering company, has won a major contract valued at over US$ 500 million to build one of India's first private sector oil refineries. The contract was placed by Essar Oil Limited, and covers the supply of equipment and materials for the Essar Refinery presently under construction at Jamnagar, in the western part of India in Gujarat State. Under a separate contract, ABB is also responsible for the overall project management in the construction of the entire refinery complex.

The refinery is being built on a greenfield site and is designed to produce 9 million metric tons of refined oil per year. The customer, Essar Oil Ltd, is a member of the Essar Group, one of India's largest business houses with assets exceeding US$ 3 billion and with wide engineering interests, including power, oil and gas.

ABB's oil, gas and petrochemical business activities employ approximately 8,000 people with orders in 1995 of nearly US$ 2 billion. The business focuses on the development and upgrading of oil and gas installations, refineries, and petrochemical and chemical installations worldwide. It is part of ABB's Industrial and Building Systems segment, which employs approximately 90,000 people worldwide with orders in 1995 of over US$ 16 billion.

The ABB Group employs approximately 217,000 people with orders in 1995 of over US$ 36 billion.

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    Contact us

    Page information:
    • Mr. John Fox
      ABB Corporate Communications, Zurich
      Tel. +41 1 317 7371
      Fax. +41 1 317 7958
    • Ms. Elsbeth Tronstad
      ABB Oil, Gas & Petrochemicals
      Tel. +47 66 84 3947
      Fax. +47 66 84 3549
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