EIL bags Integrated NGL and CCGT power plant project in the Republic of Guyana

10 Nov 2022 , 09:19 AM

Engineers  India  Limited  (EIL)  has  been  entrusted  by  the  Republic  of  Guyana  to  render  the  Project  Management Consultancy Services for setting up an Integrated Natural Gas Liquids (NGL) Plant and 300  MW CCGT Power Plant project in Guyana with an estimated contract value of US$ 22 Million, the company announced to the exchanges on Wednesday.

As part of this assignment, EIL shall provide Consultancy Services for setting up the Integrated Plant and manage the Engineering, Procurement and Construction of the project on behalf of the Government of  the Republic of Guyana.

The stated  project in the Republic of Guyana is another milestone achieved by EIL towards its commitment to go beyond national boundaries. EIL has already been active in providing services in the  Middle East, Africa, Central and South East Asia and this project will further bolster EIL’s presence in  the international market.

On Thursday, at around 9:19 AM, Engineers India Ltd is currently trading at Rs74.05 per share down by Rs1.45 or 1.92% from its previous closing of Rs75.50 per share on the BSE.

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