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Punj Lloyd bags Rs.1,154.63 cr orders

Thursday, 08 Jan 2009
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Punj Lloyd has bagged two contracts worth Rs.1,154.63 crore for various works in India and Libya.

The first EPC contract worth Rs.104.58 crore is from Cairn Energy India for laying a crude oil heated and insulated pipeline and a gas pipeline in a stretch of 56.52 km stretch in section II for the Mangala Development project in Gujarat. The 8" diameter gas pipeline has to be laid in the same stretch as the 24" diameter crude oil pipeline. Along with the laying of pipeline, Punj Lloyd will also construct three generator heating stations to heat the crude oil and the gas from the 8" diameter line will be used to run the generators. The project is scheduled to be completed in seven months.

The second is a infrastructure and utility project worth Rs.1,050.05 crore from Housing & Infrastructure Board of Tripoli ( Libya). The project will be developed by Punj Lloyd in JV with Public works Company, Tripoli. The scope of work includes upgrading the infrastructure of Arada, and existing township in Tripoli. Punj Lloyd will be involved in engineering, procurement and construction along with commissioning of infrastructure network, sewage, storm water main and branch lines, roads and other facilities. The project is scheduled to be completed in four years.

Simon Carves India, a subsidiary of Punj Lloyd has also received two letters of awards from Cairn Energy India and Petrofac for the design and engineering of their pipelines.

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