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PSL may bag HPCL project

Our Bureau

NEW DELHI: PSL Ltd has said that it has emerged as a successful bidder for the coating contract of the Mundra-Delhi pipeline project of Hindustan Petroleum Corporation Ltd (HPCL).

PSL is expected to receive an order of approximately Rs 72 crore for this project.

Mr Ashok Punj, Managing Director, PSL Ltd, announced this at the company's annual general meeting on Thursday. "Our first project with HPCL has already commenced at Varsana Works and is proceeding ahead of schedule towards completion. We have always aimed at timely delivery, offering our customers the best in technology and this second project with HPCL, reinforces the same, opening newer avenues for us," he said.

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