Deals22 Sept 2026, 12:00 pm
EIL to Execute Dangote's $450M+ Kenya Refinery Project
AI Summary
Engineers India Ltd (EIL) has secured a contract from Dangote Group to serve as Project Management Consultant (PMC) and EPCM Consultant for a new 700,000 BPD Greenfield Refinery and Petrochemical Plant in Kenya. The contract value exceeds US$ 450 Million. This project aims to enhance regional energy security in East Africa by increasing fuel production and reducing import reliance. EIL brings its prior successful experience with Dangote's 650,000 BPD refinery in Nigeria to this significant expansion into East Africa.
Key Highlights
- EIL to execute Dangote's new 700,000 BPD refinery in Kenya.
- Contract value exceeds US$ 450 Million.
- Project aims to boost East African energy security.
- Leverages EIL's prior success with Dangote's Nigerian refinery.
- Strengthens EIL's position in African energy infrastructure.
Price Impact
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