Engineering major Punj Lloyd Ltd on Thursday announced it has bagged a
Rs 1,005-crore contract from GVK Power Ltd.
Under the contract, Punj Lloyd would execute the balance of plant work
(BOP) and the civil work for the 540 MW Govindwal Sahib coal-fired
thermal power project in Punjab, the company said in a filing to the
Bombay Stock Exchange. Punj Lloyd bags Rs 649 cr contract from IOC
"Continuing our expansion in high growth areas, we believe that this
project will play a vital role in strengthening our exper tise," Punj
Lloyd Managing Director, V K Kaushik, said. The project would be
completed by mid 2011, the filing added. With this, the order book
position of Punj Lloyd stands at Rs 21,249.63 crore.
Earlier, Punj Lloyd had bagged a Rs 823-crore project from Rajasthan
Vidhyut Utpadan Nigam for civil works in 2x250 MW Chhabra Thermal
Power station on EPC basis.
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