Punj Lloyd wins Petronas deal

Engineering, procurement and construction major Punj Lloyd said on Monday that the company has won a ₹3,515-crore ($581 million) order from Malaysia’s Petronas group. The order is to build a tank farm at Petronas’ Refinery and Petrochemical Integrated Development (RAPID) project in Pengarang, Johor, Malaysia. With the latest order, Punj Lloyd Group’s order backlog reaches ₹24,679 crore.