MEIL in talks to assemble BYD's EVs in India as JV plan sputters
The new plans come as the duo’s $1 billion investment proposal submitted to DPIIT an equal JV is yet to secure approval
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The new plans come as the duo’s $1 billion investment proposal submitted to DPIIT an equal JV is yet to secure approval
Upon completion, the refinery is expected to produce 1.5 million tonnes of crude oil annually, catering to Mongolia’s domestic demand for gasoline, diesel, aviation fuel, and LPG.
Megha Engineering and Infrastructures Ltd (MEIL) has secured a $648 million work order in Mongolia from Mongol Refinery State Owned LLC. The order is for the construction of a crude oil refinery plant, which will produce 1.5 million tonnes of crude oil annually to meet Mongolia's domestic demand for gasoline, diesel, aviation fuel, and LPG.
Get latest articles and stories on Business at LatestLY. Megha Engineering and Infrastructures Limited (MEIL) has secured a Letter of Agreement (LOA) for constructing a crude oil refinery plant in Mongolia. The project, valued at USD 648 million, is the company's third project in the country. Business News | MEIL Secures USD 648 Mln Contract in Mongolia.
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