Punj Lloyd to build Expanded Capacity Fuel System of NDIA

Punj Lloyd Ltd has announced that the Company has received approval of extension of their existing contract with New Doha International Airport (NDIA). The extension will enhance the capacity of the fuel system to take care of phase II expansion of the new airport. The extension order is valued at Rs 258 crore. With this approval, the contract value for the extended scope becomes Rs 618 Crores.

The new contract with extension involves the engineering, procurement and construction of fuel farm, fuel receiving station, jet fuel hydrant system, ground service equipment fuel system, ground service equipment washing system, portable water station and operation office, parking facility for hydrant dispenser vehicles, triturator facility, special fuel system equipment, special systems in building / facilities (BMS/CCTV) etc. The project would be completed by December 2008.

The Company is at an advanced stage of completing engineering phase for the fuel system and Client's approval of extension of the contract reinforces the confidence of project management consultant, Overseas Bechtel Inc. in the Company.

Source : Equity Bulls

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