Worth Rs 477 crore; Total order backlog touches Rs 22171 crore
Punj Lloyd announced winning of Rs 477 crore (USD 75 million) tankage order from Mitsubishi Heavy Industries of Japan.The scope of work entails confirmatory geotechnical investigation, early earth works, construction of two 180,000 m3 capacity full containment LNG Tanks on elevated piled foundation for LNG import, storage and re-gasification terminal project of Indian Oil Corporation at Ennore port in Tamil Nadu, India. Once completed, the LNG imported to the Ennore terminal will be used by utility company power generation plants as an alternative fuel and as feedstock by fertiliser plants.
The project is to be completed in 33 months. With this win, Punj Lloyd Group's order backlog reaches Rs 22,171 crore. The order backlog is the value of unexecuted orders on 31 March 2015 plus new orders received after that date.
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