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McNally Bharat Engineering Co Ltd (MBE), B. M. Khaitan Group’s industrial engineering services company, is set to enter into a technological collaboration with construction major Engineers India (EIL) for jointly executing downstream oil and gas projects.
According to sources, the agreement is likely to be signed next month after the boards of the two companies formally approve the proposal. The State-owned EIL is the country’s premier turnkey contractor in oil and gas sector.
Kolkata-headquartered MBE is a major project contractor in coal, cement and steel sector, and is now focussing on the oil and gas sector. The company has obtained three contracts from Bharat Petroleum Corporation Limited (BPCL) — two at Kochi in Kerala — and one at Mouda in Maharashtra.
>jayanta.mallick@thehindu.co.in
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