Oil refinery construction to begin this spring
SocietyUlaanbaatar /MONTSAME/ Indian companies that have breadth
of experience in civil engineering and infrastructure development, including JMC Projects,
KEC International, and Afcons Infrastructure, are tendering for the first engineering, procurement, and construction (EPC-1) contract of the oil
refinery project being carried out by Mongol Refinery state-owned company.
The credit line agreement for financing the project ruled
that the project’s general contractors must be a company registered in India.
The tender evaluation will be conducted in Mongolia and India and Mongol Refinery company will enter into a contract with the chosen bidder to commence the oil refinery construction works around April and May.