Companies

Punj Lloyd bags Rs 114-cr railway contract

| | Updated on: Apr 18, 2011

Infrastructure developer Punj Lloyd has bagged a Rs 114-contract from Uttar Pradesh Rajya Vidyut Utpadan Nigam for building a railway siding at the state-run utility’s Anpara plant.

“It is our first-ever railway contract. The contract is scheduled to be completed within 15 months,” Punj Lloyd said in a statement today.

The scope of work includes improving ground, workshop building and construction of railway siding for supply of coal to two 500-MW thermal power plants at Anpara in the state.

“The contract is an extremely important entry point into the vital railways sector; the potential for the company henceforth is huge,” Mr S.S. Raju, President and CEO, Buildings and Infrastructure (India), Punj Lloyd, said.

The current order backlog for Punj Lloyd Group on a consolidated basis, including this order, stands at Rs 21,512 crore, the statement said.

Published on April 18, 2011

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