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Punj Lloyd bags order worth Rs 113 crore from ONGC

21 Dec 2011 Evaluate

Punj Lloyd, a leading engineering, procurement and construction (EPC) conglomerate, has bagged an order worth Rs 113 crore from Oil and Natural Gas Corporation (ONGC). The company has been awarded a contract for construction of Naptha Feed Pipeline from Hazira to Dahej including associated terminal works. The project is scheduled to be completed within a period of 14 months.

Recently, Punj Lloyd Group had bagged an offshore project in Bombay High, Mumbai from ONGC. The project, worth Rs 469 crore ($97.3 million), was scheduled for commissioning in May, 2013.

Punj Lloyd provides engineering, procurement, construction (EPC) and project management services. It provides services to oil and gas, energy, infrastructure petrochemical, telecom broadband and utilities sectors, among others.

Peers
Company Name CMP
Larsen & Toubro 3668.20
Kalpataru Projects 1400.10
NCC 124.75
Rail Vikas Nigam 196.80
KEC International 359.00
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