Punj Lloyd, a diversified global engineering, procurement and construction (EPC) conglomerate is looking for shareholder’s approval to expand into manufacturing, assembly and repair of general and special purpose equipments.
The company eyes extensive opportunities in manufacturing and selling of fabricated structural products. The company also plans to make equipment for agricultural and industrial applications. Currently, the company offers design, engineering, procurement, construction and project management services in West Asia, Africa, and Asia Pacific, South Asia and the Caspian.
Recently, Punj Lloyd bagged contract worth Rs 826 crore from Gujarat State petroleum Corporation, one of the fastest growing state owned companies, for a submarine pipeline project in an exploration block on the east coast of India. The project is expected to be completed by April 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.