Punj Lloyd wins Rs 505 cr contract from NHAI in Odisha

Engineering and construction firm Punj Lloyd today said it has won a Rs 505.22 crore highway contract in Odisha from NHAI.

"The company has been awarded a contract worth Rs 505.22 crore for six/four Laning of NH 5 (New NH 16) from Puintola to Tangi in Odisha," the company said in a filing to BSE.

The project has been won from the National Highways Authority of India (NHAI) on engineering, procurement and construction basis, it said.

The construction period is 730 days from the start of the project, it added.