Engineers India inks MoU with Cochin Shipyard for LNG carriers

Engineers India inks MoU with Cochin Shipyard for LNG carriers

Engineers India (EIL) and Cochin Shipyard (CSL) have joined hands for design and construction of small scale LNG carriers. This initiative, under the ambit of ‘Make in India’ programme, aims at joint design and building small-scale LNG carriers. Both the companies have inked a Memorandum of Understanding (MoU) for the same.

The MoU aims to leverage EIL’s strengths in process and systems engineering and CSL’s strengths in ship design and construction. The MoU would create an LNG value chain ecosystem to cater to the coastal and inland water transport segment in the Indian sub-continent.

Engineers India is a total solutions consultancy company and EPC contractor in petroleum refining, petrochemicals, pipelines, oil and gas terminals and storages, fertilizers, mining & metallurgy and infrastructure projects. The company is also diversifying into water and waste management and has made inroads into nuclear, solar and thermal power sectors.

https://money.livemint.com/news/company/news/engineers-india-inks-mou-with-cochin-shipyard-for-lng-carriers-500872.aspx