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Punj Lloyd’s JV bags pipeline contract worth Rs 2,780 crore in Turkey

28 Jan 2016 Evaluate

Punj Lloyd has won 459 km of the 48' dia TANAP Gas Pipeline in Turkey worth Rs 2,780 crore ($409 million) in Joint Venture (JV) with Limak (50:50 share). The contract is awarded to the JV by TANAP Dogalgaz iletim A.S. The company’s value of the project amounts to Rs 1,390 crore ($204 million).

TANAP, The Trans Anatolian Natural Gas Pipeline Project, will be built to transport natural gas emanating from the South Caucasus Pipeline Company (SCPC) pipeline in Georgia and terminating into the Trans-Adriatic Pipeline (TAP) in Greece.

Punj Lloyd’s scope of the present project (Lot 4) is the second phase of construction from the new Eskisehir Compressor station to the tie-in point of the Trans Adriatic Pipeline (TAP). The proposed natural gas pipeline is of 48' diameter and 459 km in length. The scope also includes 10 Block Valve Stations, Pigging facility (two within Compressor stations, two at pigging stations) and Tie-ins with Metering Stations.

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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