Hyderabad based engineering and infrastructure conglomerate Megha Engineering and Infrastructures Limited (MEIL) has clinched a significant deal in Mongolia.
The company received a Letter of Agreement (LOA) for constructing a state-of-the-art crude oil refinery plant valued at $648 million from Mongol Refinery State Owned LLC.
On Friday, MEIL hydrocarbons president P Rajesh Reddy and Dr Altantsetseg Dashdavaa, executive director representing the Mongol Refinery State Owned LLC, inked the new project in a contract signing ceremony at Ulaanbaatar in Mongolia.