State-owned consultancy firm Engineers India Ltd (EIL) today said it has signed a contract with Bangladesh Petroleum Corporation (BPC) for providing project management consultancy services for a $ 1.7 billion refinery expansion project.

EIL will earn $ 16.54 million in consultancy fee for the project, the company said in a statement here.

The contract has been signed on April 19. “This will be the largest ever single consultancy assignment for EIL in Bangladesh,” it said.

BPC is expanding its Eastern Refinery at Patenga at the cost of $ 1.7 billion over the next three years. The expansion will take the refining capacity to 4.5 million tonnes from present 1.5 million tonnes per annum.

Eastern Refinery Ltd was set up at Patenga in 1968 with an installed capacity of 1.5 million tonnes per annum.

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