EIL wins consultancy contract for Mangolia refinery

GREATER NOIDA: Engineers India (EIL) has won a project management consultancy contract from Mangolia for a new 1.5 million tonnes refinery that the country is setting up. Engineers India and the Mongolian government through Mongol Refinery State Owned signed a Memorandum of Understanding (MoU) on Sunday on the sidelines of the Petrotech conference here in the outskirts of Delhi. Oil Minister Dharmendra Pradhan said India had extended a $1 billion line of credit to Mangolia during the visit of Prime Minister Narendra Modi in 2015. The refinery project is being built using that line of credit, he said.