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Business EconomyPosted at: Apr 15 2024 4:52PM


Tata Projects forays into the Chemical sector, join hands with DFPCL

Mumbai, Apr 15 (UNI) Tata Group company Tata Projects Limited (TPL), known for its pioneering contributions in the oil, gas, and hydrocarbon sector, on Monday said it has acquired the Nitric Acid Expansion Project of Deepak Fertilisers and Petrochemicals Corporation Ltd (DFPCL).
The Nitric Acid Expansion Project, situated at DFPCL's Dahej plant in Gujarat, entails the provision of comprehensive engineering, procurement, and construction management (EPCM) services, alongside Front End Engineering Design (FEED) responsibilities for off sites & utilities, the company said in a release.
Commenting on development, Rajiv Menon, President and COO – Energy & Industrial Business, TPL said "The journey of Tata Projects has been quite noteworthy in recent years, evolving from its notable presence in Onshore Terminals to venturing into core process refinery units.
“The DPFCL acquisition further strengthens our resolve to be a diversified and technology driven EPC company. The Nitric Acid Complex project demonstrates our ability to engage in varied contracting models and reinforces our commitment to the Customer First Approach,” he added.
DFPCL President (Projects) Arun Vijay said the partnership with TPL marks another significant milestone in DFPCL’s journey in the specialty chemical segment. This nitric acid plant is designed to optimize both capital and operational expenditure while prioritizing energy efficiency and environmental sustainability with minimal NOx emissions.
With this partnership with TPL, Vijay further stated that “we have aligned ourselves with the escalating demands of our customers across the rapidly growing pharma, steel, solar, and agri-industry sectors” where India is emerging as a prominent manufacturing hub.
Nitric Acid serves as an excellent Building Block Chemical for multiple sectors, encompassing Fertilizers, Specialty Chemicals, and Mining Chemicals. DFPCL is the leading player in the Indian Nitric Acid market, with a market share of over 45 per cent.
Currently, the total Nitric Acid production capacity (CNA + WNA) is 1,120 KTPA, which is projected to increase to approximately 1,600 KTPA post-expansion, solidifying DFPCL’s position as one of Asia's largest merchant Nitric acid players. Drawing on the 40 years of robust experience in Nitric Acid and demonstrated proficiency lean manufacturing and managing intricate supply chains, DFPCL is committed to delivering high-quality products to its customers.
Rajiv further added, with a firm focus on Safety, Predictable delivery, and accountability as our core value we aim to enhance their production capacity and efficiency, while reducing environmental impact and operational cost.
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Tags: #Tata Projects forays into the Chemical sector# join hands with DFPCL
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