Punj Lloyd wins four highway contracts of Rs.1,555 crore

Infrastructure major Punj Lloyd on Monday said it has won four highway projects of Rs.1,555 crore in as many states from the union government.

While the projects in Bihar, Chhattisgarh and Odisha were awarded by the National Highways Authority of India, the Punjab project was allotted by the union ministry of road transport and highways, a company statement said here.

The company said the Bihar project of Rs.567 crore entails four-laning of 60 km of the Simaria-Khagaria section of the National Highway-31. It earlier developed 140 km of the Khagaria-Purnea section of the highway.

"The Chhattisgarh project pertains to four/six laning of 48 km of the Raipur-Simga section of NH-200 at an estimated Rs.513 crore, including building a bypass and 22 supporting structures like flyovers, vehicular underpass and bridges," it said.

In Odisha, Punj Lloyd has been entrusted with the Rs.392 crore four-laning along with paved shoulders on 50 km of the Talebani-Sambalpur section of NH-6.

The Punjab contract, won in joint venture with VRC Constructions Pvt. Ltd., is for the four-laning of 35 km of the Tallewal-Barnala section of the NH-71.

The construction of the Barnala bypass and 13 supporting infrastructure like flyovers, underpass, overbridges and bridges also comes under the project scope.

The projects fall under the National Highways Development Project (NHDP) Phase IV aimed at widening the major highways in India.

"The year 2016 will unfold multiple opportunities for Punj Lloyd in the infrastructure segment, both in India and abroad. These orders, won pan-India, are a strong attestation to the Punj Lloyd's delivery in infrastructure," said Shantanu Karkun, chief executive, buildings and infrastructure, Punj Lloyd.

With these four contracts, the group's order backlog stands at Rs.21,838 crore, Punj LLoyd said.