MOU signed between EIL and Mongolia for Project Management Consultancy for oil refinery

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 today, on the sidelines of PETROTECH-2019 event at Greater Noida, UP. 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 DrAltantsetsegDashdavaa, Executive Director, Mongol Refinery State Owned LLC and Mr R.K.Sabharwal, Director (Commercial), EIL in the presence of Dharmendra Pradhan, Minister of Petroleum and Natural Gas & Skill Development and Entrepreneurship, and the Mongolian minister.