Punj Lloyd wins Rs590 crore contract from IOC

Punj Lloyd wins Rs590 crore contract from IOC

New Delhi: Punj Lloyd Limited (PLL), a global EPC services provider in the energy and infrastructure domains, has secured a Rs590 crore contract for building Delayed Coker Unit & Coker LPG Merox Block for the Residue Upgradation project of Indian Oil Corporation Limited (IOC) at their Vadodara Refinery in Gujarat.

The lumpsum turnkey contract entails engineering, procurement, construction and commissioning assistance (EPCC) services and has been bagged amidst international competitive bidding.

The scope of work includes a 3.7 MMTPA Delayed Coking unit and a 150 TMTPA LPG Merox Unit. The project is scheduled to be completed within 28 months.

Punj Lloyd has extensive experience in Refinery Process Units including Hydrocracker, Sulphur Recovery Units, Hydrogen Generation Unit and Motor Spirit Quality (MSQ) Upgradation Projects for all the major PSUs in India. This project adds to its vast portfolio in refinery processing.

With this the order backlog for the Punj Lloyd group on consolidated basis has gone up to Rs18,484 crore. This is the total value of unexecuted orders as of September30, 2007 and new orders received till date.