The MoU is an extension of EIL’s first order secured in 2018 and completed in 2024 under which it built a 6,50,000/bpd oil refinery for the same Lagos-headquartered Dangote group.
The agreement between the two includes the preparation of a Detailed Project Report (DPR), Basic Engineering Design Package (BEDP), and execution of the project through an EPCM and Supply model.
The share of its diversified business segments has increased significantly, with nearly 36% of the order inflow shared by the energy-efficient infrastructure segment in the past fiscal