MOU signed for Project Management Consultancy for oil refinery
The MoU is for Project Management Consultancy services for construction of an oil refinery plant in Mongolia by EIL.
Memorandum of Understanding (MoU) between Engineers India Ltd, a PSU under the Ministry of Petroleum and Natural Gas, and the Government of Mongolia through Mongol Refinery State Owned LLC was signed, on the sidelines of PETROTECH-2019 event at Greater Noida, UP, India.
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 Government of India. 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 Mr R.K.Sabharwal, Director (Commercial), EIL in the presence of Shri Dharmendra Pradhan, Minister of Petroleum and Natural Gas & Skill Development and Entrepreneurship, and the Mongolian Minister of Mining and Heavy Industry D.Sumiyabazar.