Engineers India on Friday introduced that Mongol Refinery (MR) Mission achieved a vital milestone of executing EPC contract settlement for EPC-2 (Open Artwork models, Utilities & Offsites, Plant Buildings) and EPC-3 (Captive Energy Vegetation) at Ulaanbaatar, the capital metropolis of Mongolia.
The LOA has been awarded to Megha Engineering (MEIL) on 28 October 2022, it stated.
“Mongol Refinery having 1.5 MMTPA crude throughput is being arrange in Mongolia with the Line of Credit score fund by the Authorities of India,” a press launch stated.
This challenge can be a part of the Growth Partnership Administration initiative of the Ministry of Exterior Affairs (MEA), Govt. of India.
Engineers India (EIL) is the Mission Administration Marketing consultant (PMC) for this prestigious G2G collaboration challenge.
EIL is dedicated to efficiently execute this challenge of nationwide significance that intends to catering the power safety for Mongolia. It’s price noting that Mongolia is presently importing its whole fossil gasoline consumption requirement resembling Diesel, Gasoline, Jet gasoline, LPG and so on. from its neighboring international locations.
Development of this refinery shall additionally open quite a few job alternatives and cater to the event of industries within the neighborhood aiding the Mongolia’s financial development within the years to return.
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Supply: Live Mint