India Development News & Foreign Investment Opportunities

MOU signed between EIL and Mongolia oil refinery

Indian engineers snare Project Management

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Indian engineers snare Project Management

PIB
MoU signining officials from India and Mongolia with Dharmendra Pradhan, Minister of Petroleum and Natural Gas.

 

A Memorandum of Understanding (MoU) between Engineers India Ltd and the Government of Mongolia through Mongol Refinery State Owned LLC was signed on 10 Feb 2019 on the sidelines of PETROTECH-2019.

The MoU is for Project Management Consultancy services for construction of an oil refinery plant in Mongolia by EIL.

Government of Mongolia is in process to set-up 1.5 MMTPA greenfield crude oil refinery in Sainshand province, under Line of Credit (LoC) extended by the Indian Government.

EIL has carried out Detailed Feasibility Study for the project.

It has been pre-qualified and subsequently shortlisted for providing project management consultancy services to Mongol Refinery for the project.

The MoU was signed by Dr Altantsetseg Dashdavaa, Executive Director, Mongol Refinery State Owned LLC and R.K.Sabharwal, Director (Commercial), EIL. fiinews.com

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