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Punj bags 242 cr Uran Trombay Gas Pipeline proj

New Delhi, Mar 22: Punj Lloyd Ltd (PLL), in consortium with its wholly-owned subsidiary PT Punj Lloyd Indonesia, has secured the Rs 242 crore Uran Trombay Gas Pipeline project from Oil and Natural Gas Corporation Ltd.

The scope of work involves engineering, procurement, construction and commissioning of 24 Km of 20 inch diameter submarine pipeline from Uran to Trombay in Maharashtra.

The project, second from ONGC to the company for installation of offshore pipelines, is expected to be completed in 15 months.

With this, the order backlog for the PLL group on consolidated basis is Rs 16,496.6 crore. This is the total value of unexecuted orders as of December 31, 2006 and new orders received till date.

''This order has been won against stiff competition from international companies and is a testimony of Punj Lloyd's capability of laying offshore pipelines,'' the company said.


UNI

Shyam Century Group to devp port at Baliharchandi

Bhubaneswar, Sep 21: A consortium of the Shyam Century Group of Industries has expressed keen interest to set up an all weather port at Baliharchandi in Puri. With the help of a powerpoint presentation before Chief Minister Naveen Patnaik here, the representatives of the Rs 3,000 crore company expressed their intention to invest Rs 1,900 crore in the project in two phases, official sources said here yesterday. The Kolkota-based company which has carved out a name for itself in steel, cement.....
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