Punj Lloyd bags Rs 3,636 cr EPC contract from Qatar Petroleum
New Delhi, Sept 23 (UNI) Punj Lloyd Ltd, an engineering and construction firm, today said it has bagged an Engineering, Procurement, Installation, and Commissioning of Strategic Gas Transmission project worth Rs 3,636 crore from Qatar Petroleum.
The project, that includes laying of 211 km of pipeline with associated stations and infrastructure, is expected to be completed in 32 months.
It will transport 2,000 million standard cubic feet per day (MMSCFD) of sweet lean gas from Ras Laffan to different consumers through 36 inch diameter pipelines.
''This is the fourth EPC contract that we have bagged in Qatar and this prestigious contract demonstrates the confidence of the client in Punj Lloyd Group's capability in executing large and challenging projects. The project will facilitate in meeting the power and water production growth of Qatar,'' Punj Lloyd Group Chairman Atul Punj said.
Owing to the rapid infrastructure and oil and gas development in the region, the company will continue to secure large ticket orders for our portfolio, he said.
Punj Lloyd has major presence in Qatar and is executing key EPC projects, including the Doha Urban Pipeline Relocation and the Multi-Product Pipeline from Qatar Petroleum Refinery to Doha Depot for Qatar Petroleum, and fuel systems for the New Doha International Airport.
With this, the order backlog for the Punj Lloyd Group on consolidated basis has gone up to Rs 24,063 crore.
UNI SBA MP DS1507
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