Engineers India Ltd (EIL) wins a major contract where it has been awarded an Engineering, Procurement and Construction Management (EPCM) contract worth Rs. 252.95 crore (excluding GST) from Numaligarh Refinery Ltd (NRL) in Assam.

The contract is for engineering, procurement, construction and management services for a 360-kilo-tonnes per annum (KTPA) polypropylene unit (PPU) project at NRL’s Numaligarh refinery.

The project was previously projected to take 36 months to complete, the company said in a regulatory filing on March 18. Though the contract was formally awarded on the March 13, ‘clarifications’ were sought by EIL on the terms of contracts, which were finalized on March 17.

EIL has not provided further details of the project due to confidentiality agreements. EIL already has a minority shareholding in Numaligarh Refinery Ltd (NRL), thus further cementing ties with refinery.