Engineers India Ltd appointed as Project Management Consultant by Neyveli Lignite Corporation for Lignite to Methanol Project

Engineers India Limited, a Navratna PSU under Ministry of Petroleum and Natural Gas has been engaged as Project Management consultant (PMC) on 13.06.2022 by NLC, a Navratna PSE under Ministry of Coal for its landmark Lignite to Methanol project, first of its kind in India.

1200 TPD Lignite to Methanol project at Neyveli, shall be instrumental in fulfilling Hon'ble PM's Vision of Atma-Nirbhar Bharat and self reliant India.

EIL's rich experience in Mega Project Execution in Energy sector amalgamated with NLCIL's, zeal shall ensure that this landmark project will successfully turned into a reality through fast track implementation. This landmark project is expected to be commissioned in 2027.

Shares of Engineers India Limited was last trading in BSE at Rs. 58.80 as compared to the previous close of Rs. 58.95. The total number of shares traded during the day was 58297 in over 1139 trades.

The stock hit an intraday high of Rs. 59.55 and intraday low of 58.05. The net turnover during the day was Rs. 3444778.00.

Source : Equity Bulls

Keywords

EngineersIndia INE510A01028 PMC NLC MethanolProject