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New Delhi, July 18 Engineering firm Punj Lloyd Ltd on Friday announced that it has bagged an offer worth $108 million from Spain-based Tecnicas Reunidas for mechanical works.

The order entails work on two off-sites and utilities project of UAE-based Abu Dhabi Polymers Company, the company said in a filing to the Bombay Stock Exchange.

The scope includes mechanical work in areas such as steel, piping fabrication and equipment erection.

Abu Dhabi Polymers Co is a joint venture between Abu Dhabi National Oil Co and Vienna-based Borealis. In 2007, the company had signed a contract with Spain’s Tecnicas Reunidas SA to build off-site and utility facilities.

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(This article was published in the Business Line print edition dated July 19, 2008)
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