Monday, January 12, 2009

PUNJ LLYOD

Punj Lloyd Group, an engineering, procurement and construction (EPC) conglomerate, announced four contract-wins including Group’s first infrastructure project in Libya and a prestigious oil & gas contract from Cairn Energy India Limited.

“Punj Lloyd Group is proud to win 4 new contracts, demonstrating the reputation of the Group in executing unique and challenging projects not just in India but also abroad. With our expertise and skilled management, we are confident of timely execution of these projects”, said Mr Atul Punj, Chairman, Punj Lloyd Group.

Project awarded by Cairn Energy India Limited: Valued at Rs 104.56 crores (US$ 21.55 million), the new contract from Cairn Energy would include engineering, procurement and construction of a pipeline in a stretch of 56.52 km. The scope of work for this contract would include laying a crude oil heated and insulated pipeline and a gas pipeline in section II for the Mangla Development Project, in Gujarat.

This project is unique because the waxy Rajasthan crude oil which solidifies at normal temperature has to be continuously heated as it moves through the pipeline. The 8″ dia gas pipeline has to be laid in the same trench as the 24″ dia crude oil pipeline. Along with the laying of the pipeline, Punj Lloyd will also construct 3 generator heating stations to heat the crude oil and the gas from the 8″ line will be used to run the generators. The project is scheduled for completion in a challenging period of seven months.

Courtesy: http://economictimes.indiatimes.com/


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