‘ot Uzsonou981PrC025413 Registered Ofc: Tyo House, B.S. Nag, Kerurmarg (ec, Mumba 400078, NDIA ‘sot 222573160, Fa 991 222579752021 Erna inconacgiojowngsan ©) Toyo Engineering India Private Limited TOYO exameerins “Seouty Level > Rot, No, :6994PPX-L-THIH.0031 Date: January 22%, 2020 Mis, INDIAN OIL CORPORATION LIMITED. Core-2, Scope Complex, Lodhi Road, "New Delhi~ 110.003, INDIA Kind Attn, Mr. S.M. Naik, General Manager JOCL.- RHQ Subject: Costestimates for PTA unit in JOCL PX-PTA project. Ret £ CKIRHQCC18051/AGTIPHASE-1/2019-2020 Dear Sit, Please find enclosed herewith the Cost Estimate (10% for PTA Tender (EPCC-1) Scope of PX-PTA project at |OCL Paracip Refinery. Kindly acknowledge receipt and arrange to send us copy of Letter. “Thanking you, Yours faithfully For TOYO ENGINEERING INDIA PVT, LTD. (aa Vikas Deshpande, PROJECT MANAGER Topol ane: aj lg on Krag ab Dat ona Spandr formless Apt Hoel New Deb 110028, Phone: 1100 5 ar 01 59146 Er dlsatoyoengcanBasis of (+4 Project Highlights CGient:ncian Ol Corporation Ls. (OCL) Location: PARADIP, ODISHA, Project: PX: PTA Plant: PTA (Putifed Terephthalic Acid) Plant (Capaciy: 1 2MMTPA Mode of Project Execution: EPC LSTK. “Technology / Licensor: BP Amoco Chemical Company ‘Time Schedule: (33 MC+3 COMM.) mantne Pit Area: 157600 WF (+4) 10% Cost Estimate for PTA tender is based onthe scope mentioned in tender document no. IPPX-8364-8840.SC-051.0001. Summary forthe same is 28 below Sr Facilities /Seope ‘Size Capacitios Plotarea No + [PTA Unit T2MMTPA an x 96H [PTA Tank Farm 0M X 40M '3[ Product Silo (4 nos] For 30 Hrs. Storage 25M X BOM ‘4 | PTA Substation (5KV) | Stariup 27 MW 22 X 3M Normal operation — 16 MW Generation = 44 MW Expor during normal operation - 28, MW ‘5 [SRR For PTA & Cooing MX BMT “Tower Uni @ | Fire Water Booster Pump | Each of 350 MGIhr at GONE ZIMX OM House for PTA unit (4 nos) 7| Operator Shei for PTA Unit wx ou ‘8 DG Room ‘SOM | Warehouse 30 days storage, 108,000 ra Bagging (6+2) nos pallets. ‘Truck Loading 50PTH 2abays TT | OSBL Pipe rack and ands ‘Win th plot piping | Cooing water ine Win the piot | 13. | Fir water Network Within he pot “4 Roads & Drain - ‘Within the pot 5 | Cables HUB substation to Nt in PTA tender BTA substation scope. 16 | Instrumentation cable rom PTA tender scope CRRIO SRR10. Cost estimated based on following procedure: Process Design & Detallod Engineering of LSTK contractor ~ Cost for res dal basic engineering ‘and detailed engineering of LSTK Contractor, is based on in house man-hour calculation, mar-hour ‘te and software requirement. Project Management of LSTK contractor - Cost towards Project Management, Procurement ‘services, Inspection and expessting services of LSTK Contractor is based on in house man-hour cealeulaton and man-hour rate Pant & Machinery ~ Estimation is based on Equipment list and Mechanical Data Sheet provided by Licensor for boensed units. Few non ~ process equipment are also added based on other technical requirement 2) Static Equipment: For Critical items, RFQ is prepared and vendor offers are obtained and necessary buyout applied on vendor’ offer. For nan-ctical teams, i-house data is apple, ») Rotary Equipment: For Crtcal items, RFQ is prepared and vendor fers are obtained and necessary buyout i appied on vendor's offer, For nor-tical tems, i-house data is applied ©) Package Equipment: For Critical items, RFQ is prepared and vendor afer are obtained and necessary buyout i applied on vendor’ offer, For non-ftical tems, i-house datas applied, 6) Heater: Not Applicable, Buk Materials 1 Piping: 800 ie estimated based on Plot Pian, Piping epecifeations and P&ID. For Cical / Exotic materials, offer is taken from maket and nacessary buyout ie applied. For other tems, in-house unt rate is considered Electrical: 00 is estimated based on updated Load lst, Single tne diagram, specication and plat plan. For Critical items, offer is teken from market and necessary buyout is applied. For other items, in-house unt rates considered, i) Instrumentation: 809 is estimated based on updated P&IDs, speciation and Prot plan. For Cical tems, ofr i taken from market and necessary auyout is applied |i) Fire Fighting: BOQ is estimated based on updated PIDs specication and plot plan, Foralitems, irhouse unt rate is considered Spates 2) Mandatory Spares: 800 is estimated and costs based on vendor ofes for ciical tems and ‘based on in house data for non-critical tems ) EAC spares: Included in equipment cost ‘Special Tools & tackles: Included in the equipment cost Vendor Supervision : Ths cos is shown separately, Cost is based on a) Vendor otters. 'b) Caleulated the nos. of estimated days and the estimated per day expenditure. Packing & Forwarding: Incuded in Equipment cost ‘Tied Party Inspection: for imported equipment 1% of the equipment cast & for indigenous ‘equipment 0.6% ofthe equipment cost. Erection 2) Mechanical: Estimate fs based on following |) Mechanical Static ~based on Weight, type and in-house unit rales. i) Mechanical Rotary - based on Weigh, {ype and inhouse unt rates, i) Heater -Not applicable.1 12, 18 14 15. 16. 1. 16. 19, 20, 24, 2, 24 1y) Package - based on Weight & Type and Percentage of Package Supply Cost ¥) Crane cost ~estimate is based on erection scheme developed by Toye for heavy lit ‘equipment. For non-heavy it, unt rate of installation wil over the hiring cot of crane, ') Piping: based on BOQ and in-nouse unit rate. )Electrieal: based on BOQ and in-nouse unit rate «Instrumentation: based on BOQ ang in-house unit rat, Cw & Structural: based on 800 and in-house unt rate. Insulation and Painting — based on 80Q and in-house unit rate Construction Site requirement: This includes Setting up workshop, Lay down area, Office setup, IT Infrastructure preparation, labour colony, cstbution network for water and power, temporary ‘barcading etc ‘Construction Period expenses: This includes salaries of staff of LSTK contractor. Start-up expenses 2) Licensors’ service ~ IOCL to include the cost of Proprietary Catalyst & Chemicals, Star-up ‘expenses, Training cost, License Fees, Proprietary Equipment ) Fuel, power, uilties, and catalys/chemical: Quantities fr fit fill of Chemicals & Lubricants are felimated based on selected equipment and cost for the same is inchided. !OCL to provide other cost such as Catalyst, power ate. and same wil be included in casting. (Currency: Currency of estimate i in INR (in Lakhs). Foreign component has been corwerted to INR. Using 1USD = INR 71,19, 1 EURO = INR 80.09, JPY = INR. 0.6543, 1 GBP = INR. 96.43. (Ocean Freight 5% on imported items, Customs Duty: 30.98% on cost of imported equipment. (BCD -10%, IGST 18%). However, avail of GST input edit is considered Port Handing / Customs clearance: 3% of landed cost or imported supplies Inland Transporation: 5% on indigenous items and 2% on imported ems. Goods & Service Tax (GST): 18% on total contract value is considered, ‘Construction Cess: 19 on Construction cost Mark-up 1) BG charges i) Advance 8G: Estinate ts based on tolal Project schedule and percentage of BC ‘charges applied by banks, on 10% of contract value jt) Performance BG: Estimate is based on foal Project schedule + Primary defect iablity petiod, and percentage of BG charges appbied by banks on 10% of contract value ') Financing cost: Interest amount on moblisaion advance amount is considered as financing Cott, SBI inlerest rate is considered for calulting financing cost. ©) Contingency: 4% on total cost considered 8) Contractor's prof 5% on cost considered ality of Estimation: Our cost is vali as of January 2020, Cost towards statutory approval isnot considered,Exclusions: Land charges. 2. Proprietary equipment 2). Solvent Exchangers Fite (CG-902 AVBIC) b) Pressure Fiters (CG-50t AIBIC) Royalty & Know-how. ‘Annual charges for Post Warranty maintenance for 5 years. “Two years operation spares. Forward escalation. Forward cover on foreign curency. Foreign Exchange variation. 9. Project fnancing charges of 1OCL, 10.10CL's contingency. 11. Overall plant Security ~ access control. 12. Any unusual construction requirements Page dot