MoneyWorks4Me

Punj Lloyd’s arm bags integrated construction contract worth $72 million

26 May 2014 Evaluate

Punj Lloyd’s - wholly owned subsidiary, has been awarded an integrated construction contract, from a multinational oil major, consisting of Civil, Structural, Mechanical, Electrical and Instrumental Works, in Brunei Darussalam, for an amount of Brunei Dollar 89.98 million, equivalent to approximately $72 million.

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 3845.00
Kalpataru Projects 1397.60
NCC 133.45
Rail Vikas Nigam 207.00
KEC International 395.45
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