Punj Lloyd bags order worth Rs 890 crores from Abu Dhabi

by khalid on 03/06/2011 · 0 comments

Punj Lloyd Limited has informed the share market (BSE/NSE) that they gets a contract from Abu Dhabi Company. This order is for Onshore Oil Operations (ADCO) for carrying out engineering, procurement and construction for Tie-in Works at South East in Abu Dhabi. This ordder is worth Rs 114 crores. Punj Lloyd Ltd. is a global engineering, procurement and construction (EPC) company and project management services. It provides services to oil and gas, energy, infrastructure petrochemical, telecom broadband and utilities sectors, among others.

Earlier in April this year, the Group had bagged first ever railway contract worth Rs 114 crore for building a railway siding for Uttar Pradesh Rajya Vidyut Utpadan Nigam (UPRVUNL), a wholly owned state thermal power utility.

Share’s Data :-
BSE Code : 532693
Mkt. Cap: Rs 2,133.74 Crores
Punj Lloyd Ltd. share’s CMP is Rs 64.25 on 2nd Jun 2010.

Stay tuned to BelltheBull Blog for more news on Punj Lloyd Limited !

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