Eastern Refinery Limited: Construction of 2nd unit to begin soon

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A Chattogram Correspondent :
The process of the construction of second unit of the Eastern refinery Limited (ERL) has been progressing fast.
Technip of France has submitted technical offer for the appointment as the contractor for the ERL on May 2 last which is now under evaluation. The financial offer is expected to be submitted by May 30 next.
Talking to the Daily Observer, Shamsur Rahman, Chairman of the Bangladesh Petroleum Corporation (BPC) said that the second unit of ERL would be built with own financing of the Government of Bangladesh (GOB).
He said that the evaluation of the technical offer would be completed within the current month.
After the evaluation, the Technip will be appointed as the contractor for construction of the project.
BPC Chief hoped that the construction works of the second unit would begin very soon.
Meanwhile the experts of the Ministry have reviewed of the ‘Front End Engineering Design’ (FEED) of the project. After revision, the FEED will be approved by the Ministry before going to implementation.
The total cost of the project has been estimated at 1.7 billion US Dollar, sources said.
It may be mentioned that the Technip of France submitted the FEED to the BPC in June last year.
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