Engineers India rose 1.15% to Rs 66.05 after the company said it secured consultancy services from Bharat Oman Refineries (BORL) for an electrolyser-based green hydrogen plant at Bina Refinery.
BORL has selected EIL for providing consultancy services for the electrolyser-based green hydrogen plant at Bina Refinery.
"It shall be Green Hydrogen Plant in the country with a capacity of approx. 8.5 TPD (20 MW)," EIL said in a statement.
Bina Refinery is an oil refinery located in the Bina-Etawa district of Madhya Pradesh, India. It is owned and operated by BORL, a wholly-owned subsidiary of Bharat Petroleum Corporation.
EIL is a Government Of India enterprise involved in providing design, engineering, procurement, construction, and integrated project management services focusing on oil, gas, and petrochemicals industries in India and internationally.