ENGINERSINBSEENGINEERS INDIA LTDHighPositive
Announced Tue, 22 Sept, 2026 · 11:59 IST

EIL wins $450M+ Dangote Kenya refinery PMC contract

Order Above 5pct RevenueExport Order Hard CurrencyBusiness Updates View source PDFExplain this filing

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Price reaction · full curve 14 horizons · vs prior close
+7.4%1-day move
₹284.80
prior close
₹284.05
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AI summary

EIL signed a contract worth over US$ 450 Million with Nigeria's Dangote Group to act as Project Management Consultant (PMC) and EPCM Consultant for a 700,000 barrels-per-day Greenfield Refinery and Petrochemical Plant in Kenya. This builds on EIL's prior role as PMC for Dangote's 650,000 BPD Lekki refinery in Nigeria, which is being expanded to 1.4 million BPD.

Likely market impact

Major export order in US dollars significantly boosts EIL's order book and reinforces its track record on mega global refinery projects.