Punj Lloyd bags EPC Pipeline order in Qatar

Punj Lloyd Ltd has announced that the Company has bagged an EPC order worth Rs 803.70 crore for the Doha Urban Pipeline Relocations Project (DUPRP) from Qatar Petroleum.

The Company’s scope of work includes laying of 97.2 kms pipeline; 36" dia bi-directional gas and spur pipeline, 12" dia multi product and 8" dia gas pipeline, 3 new and 6 modification stations, decommissioning of the existing pipeline and demolition of 9 existing stations.

With this, the order backlog for PLL group is Ra 13,394 crore. This is the total value of unexecuted orders as of September 30, 2006 and new orders received till date.

Commenting on the bagging the contract, Mr Atul Punj, Chairman, of the Company said, "Punj Lloyd has a very strong presence in the Middle East particularly in the civil pipeline and process plants segment. With this order, we would further strengthen our foothold in the Middle East".

Source : Equity Bulls

Keywords