EIL CMD RK Sabharwal gets highest civilian award of Mongolia

New Delhi: Engineers India Limited (EIL) Chairman & Managing Director (CMD) RK Sabharwal has been honoured with the highest civilian award of Mongolia 'The Order of Polar Star' by His Excellency, the President of Mongolia to recognise the outstanding contribution made by him towards the establishment of first ever oil refinery in Mongolia. On behalf of the government of Mongolia, this award was presented by His Excellency, the Ambassador of Mongolia to India, Gonching Ganbold, at a ceremony organised at the Embassy of Mongolia, India on June 24.

The 'Order of Polar Star' is the most desirable and prestigious state award bestowed by the President of Mongolia which is highly valuable and distinguished and recognises individuals who have made an invaluable contribution with their outstanding hard work, intelligence and sincerity to the prosperity of Mongolia and its friendship with other nations, as well for outstanding contributions in the fields of arts, culture, science and humanity.

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During his visit to Mongolia, the Hon'ble Prime Minister of India had announced an extension of a line of credit worth USD 1 Billion by the government of India to Mongolia.

After several discussions, the Government of Mongolia decided to utilize this line of credit towards setting up Mongolia's first Oil Refinery. This project is the harbinger of energy and economic independence of Mongolia. This will ensure its sustained growth and development.

After continued efforts, EIL secured the contract for providing the project management consultancy (PMC) services for the 1.5 MMTPA Grassroot refinery project. The work on this refinery is progressing well. While creating tremendous job opportunities in Mongolia, it would also provide great opportunities to Indian industry to provide its goods and services for the refinery.

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