Punj Lloyd wins Rs.5.9-billion OIL contract

New Delhi(IANS) : Energy and infrastructure service firm Punj Lloyd Ltd (PLL) will build two process units at state-owned Oil India Corp’s (OIL) Vadodara refinery in Gujarat for Rs.5.90 billion, a company statement said here Wednesday.

The work will be completed in 28 months from the date a letter of award is issued to it.


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This project assumes strategic importance for Punj Lloyd as other refineries are also expected to take up similar projects in the coming years, the statement added.

With this, the order book of the Punj Lloyd group has gone up to Rs.184.84 billion in reference to unfinished orders on Sep 30, 2007.

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