Punj Lloyd on 21 August 2006, bagged an EPC contract worth $290 million (around Rs.1,300 crore) from Libya-based Sirte Oil Co for two pipeline projects.

The first contract, valued at $149 million involves the construction of the main 34" dia, 98.4 km pipeline from Tripoli to Melita and a 24" dia, 21 km branch pipeline to the Zawia power plant The work involves the construction of gas pressure reducing & metering stations and a compressor station at Melita. The project is scheduled for completion within 22 months.

The second contract, valued at $141 million, involves completion of the 34" dia, 157 km El Khoms-Tripoii pipeline, extensive civil, mechanical, electrical and instrumentation work on the gas pressure reducing, metering & SV stations, compressor stations at Sidra & Wachkah, telecommunication & SCADA works. The project is scheduled for completion within 18 months.

Also See:

Punj Lloyd bags Rs.823 crore order from RRVUNL (18-Aug-06)