Punj Lloyd secures Rs 3,254 cr order to develop Libyan city infra
Engineering major Punj Llyod has won Rs 3,254-crore contract for constructing infrastructure facilities in in a Libyan city.
"We wish to inform that the company has been awarded a contract to design and construct infrastructure facilities of Zliten city (Libya),' Punj Lloyd said in a statement.
The project involves design and construction of the storm and sewer network, water network, telecommunication and power distribution network, natural gas network, street lighting and road works including landscaping of parks and green areas.
Covering about 2,400 hectares, almost the entire area of Zliten city, the project is scheduled to be completed in four years.
"The approximate cost of the said project is LYD 665.719 million, equivalent to $540 million or Rs 3,254 crore," the company statement said yesterday.
(Posted on 16-04-2014)