Deals & Growth
NewsData.io23 Sept 2026, 10:35 am ISTDelayed
Engineers India Ltd to oversee Kenya refinery project
What happened
- Engineers India Ltd signed a $450 million contract with Dangote Group.
- The company will oversee the construction of a $16 billion refinery in Kenya.
- The refinery is planned to have a capacity of 700,000 barrels per day.
Key terms explained
Financial terms from this story, in everyday words.
- Refinery
- A facility where raw materials like crude oil are processed into usable products like fuel.
Original source
NewsData.io
Was this summary clear?
For information only — not investment advice.Summarized automatically; always check the original before acting.