Engineers India Ltd. Wins $450M Deal for Dangote's $16B Kenya Refinery

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Engineers India Ltd. (EIL), a majority Indian government-owned firm, has signed a $450 million contract with Dangote, the company owned by Africa's richest man. The deal tasks EIL with overseeing the construction of a planned greenfield refinery and petrochemical plant. The facility is projected to have a processing capacity of 700,000 barrels per day. The overall project is valued at approximately $16 billion and is set to be built in Kenya.

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