- MEIL received a Letter of Authorization (LoA) from the Mongol Refinery Project to build the refinery on the outskirts of the capital of Mongolia, Ulaanbaatar.
- The primary objective of this green-field project is to reduce Mongolia’s oil imports from Russia.
- The project will cost USD 790 million for which MEIL will build Engineering, Procurement, and Construction (EPC)-2 and EPC-3 models.
- The Project Management Consultant for this project is Engineers India Limited (EIL).
- After its completion, the oil refinery is expected to process 30,000 barrels of crude oil per day.
- The Mongol Refinery Project is a part of the Development Partnership Administration (DPA) initiative under the aegis of the Ministry of External Affairs (MEA).
- MEIL is an infrastructural company that was established in 1989 with its headquarters in Hyderabad, Telangana.
Question:
Q.1 Which company will build Mongolia’s first green-field oil refinery?a. Larsen & Toubro Infrastructure Development Projects Limited
b. Megha Engineering & Infrastructures Limited
c. Reliance Infrastructure Limited
d. Hindustan Construction Company
