Punj Lloyd bags Rs 358 cr project

Mumbai, Aug 12 : Punj Lloyd, a leading engineering, procurement and construction (EPC) conglomerate, has been awarded a contract worth Rs. 358 crores by Chennai Petroleum Corporation Ltd (CPCL) to build the Sulphur Block of Resid Upgradation Project at its Manali refinery near Chennai. Punj Lloyd's scope of work includes residual basic and detailed engineering, procurement, construction, installation, pre-commissioning, commissioning and project management for the sulphur block comprising 2 x 100 TPD Sulphur Recovery Unit including Tail Gas Treatment Unit, 60 m3/hr Sour Water Stripper and 250 TPH capacity Amine Regeneration Unit on a single point responsibility basis. On securing this project, Shivendra Kumar, President and CEO, Energy - South Asia, said, "Punj Lloyd is well placed to deliver this project and it has executed a similar project for CPCL earlier besides other sulphur blocks for Mathura refinery, Paradip refinery of Indian Oil Corporation and Bina refinery for Bharat Oman Refinery." The project is expected to be commissioned in December 2015.

With this contract, the order backlog for the Punj Lloyd Group on a consolidated basis has gone up to Rs. 21,226 crores, reflecting the total value of unexecuted order as on June 30, 2013 and the orders received after the day.

--IBNS (Posted on 13-08-2013)

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