Punj Lloyd wins Rs 348 cr orders

New Delhi, Feb 20 (IANS) Diversified EPC conglomerate Punj Lloyd on Monday said it won two contracts worth Rs 348 crore in its verticals- pipelines from the Mumbai Port Trust and in tankage from Adani Group.

“The company has received Letters of Award from Adani for EPCC (design, engineering, construction and commissioning) of refrigerated double wall storage tanks and mounded bullets for its LPG terminal at Mundra worth Rs 139 crore and from Mumbai Port Trust for installation of offshore/onshore pipeline and terminal work for the ‘Fifth Oil (J5) Berth’ at Jawahar Dweep in Mumbai harbour for a contract value of Rs 209 crore,” the firm said.

Atul Jain, the Company Director and CEO of the Pipeline and Tankage Division, said: “Pipelines and tankage have been our core competence.”

Jain said construction of the fifth oil berth will enable Mumbai Port Trust to meet the additional requirement of crude for oil companies.