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Tuesday, Jul 25, 2006


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Corporate - New Business
PSL wins Rs 488-cr worth contracts

Our Bureau

Mumbai, July 24

PSL has bagged the `Dabhol-Panvel pipeline' project from GAIL worth Rs 218 crore. In addition, it has received an order for the `Bisalpur-Jaipur Water Pipeline Project' from L&T/ECC, Chennai, for supply of coated pipes worth Rs 270 crore. PSL will supply GAIL with a 551-km, 30-inch continuous pipeline system from Dahej to Dabhol. The Bisalpur-Jaipur Water Pipeline Project' is funded by ADB and is being implemented by Rajasthan State Government. Shares of PSL rose from Rs 194.94 to Rs 199.95 on the BSE.

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