New Delhi: Infrastructure developer Punj Lloyd on Monday said it has bagged a Rs114 contract from Uttar Pradesh Rajya Vidyut Utpadan Nigam for building a railway siding at the state-run utility’s Anpara plant.
“It is our first-ever railway contract. The contract is scheduled to be completed within fifteen months,” Punj Lloyd said in a statement.
The scope of the work includes improving ground, workshop building and construction of railway siding for supply of coal to two 500-MW thermal power plants at Anpara in the state.
“The contract is an extremely important entry point into the vital railways sector; the potential for the company henceforth is huge,” S. S. Raju, president and CEO, Buildings and Infrastructure (India), Punj Lloyd, said.
The current order backlog for the Punj Lloyd Group on a consolidated basis, including this order, stands at Rs21,512 crore, the statement said.