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Punj Lloyd consortium to construct ONGC's new Uran-Trombay gas pipeline on EPC basis
Posted On : 2007-03-22 02:52:41( TIMEZONE : IST )
Punj Lloyd Ltd (PLL) has announced that the Company has secured the prestigious Uran Trombay Gas Pipeline (UTG) project on an EPC basis from Oil & Natural Gas Corporation Ltd (ONGC). The contract has been bagged in consortium with its wholly owned subsidiary PT, Punj Lloyd Indonesia. The total value of the contract is Rs 242 crore.
The scope of work involves Engineering, Procurement, Construction & Commissioning of 24 Km of 20" dia submarine pipeline from Uran to Trombay in Maharashtra, India. The project is likely to be completed in 15 months.
This Order has been won against stiff competition from international Companies and is a testimony of Punj Lloyd's capability of laying offshore pipelines. This is the second award secured from ONGC for installation of offshore pipelines.
With this, the order backlog for the PLL group on consolidated basis is Rs 16,496.6 crore. this is the total value of unexecuted orders as of December 31, 2006 and new orders received till date.
