Punj Lloyd bags civil contract worth Rs 210 crore from NTPC

21 Jul 2011

Punj Lloyd Group has bagged a civil contract for thermal power project worth Rs 210 crore from NTPC. The company will undertake balance offloaded work for the power plant in Bongaigaon district of lower Assam and the project is scheduled for commissioning by 2014.

The scope of work entails underground civil work, piling and foundations for over ground civil, structural and architectural work for the buildings such as main plant, air washer, ESP control, and service, mill, bunker and conveyor galleries, construction of the administration building and auditorium, the O&M workshop and the CHP office-cum-workshop in the offsite area.

Further, the provision of free cement and structural steel for the projects from NTPC will insulate its price escalation for Punj Lloyd and will ensure easy procurement of raw materials, thereby mitigating risk for the company. With this contract, the order backlog for the Punj Lloyd Group on a consolidation basis has gone up to Rs 25,409 crore. This is the total value of unexecuted orders as on March 31, 2011 and new orders received after that day.

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.

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