Punj Lloyd bags contract worth Rs 8230 mn

Punj Lloyd Ltd has announced that the Company has won an order worth Rs 8230 million from Rajasthan Vidyut Utapadan Nigam Ltd, Jaipur on EPC basis. The contract is for building up of 2x250 MW Chabbra Thermal Power Station, Rajasthan on a fast track basis.

The scope of work involved under this contract is complete mechanical, electrical, instrumentation and civil works. The Company would be responsible for building up complete power station with the exception of main plant equipment. The contract is scheduled to be completed in 24 months.

This EPC contract is the single largest contract of the Company as on date. This is also the largest order for Punj Lloyd group in this domain. Till now, the order backlog of Punj Lloyd group (including Sembawang Engineers & Constructors, Singapore) was Rs 3860 million.

With this, the order backlog for Punj Lloyd group (including Sembawang Engineers & Constructors, Singapore) is Rs 105610 million. This is the total value of unexecuted orders as of July 01, 2006 and new orders received till date.

Source : Equity Bulls

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