Punj Lloyd announced that 3 new contract wins valued at INR 1873.18 crore. The contract will include designing, procurement, installation and commissioning of utilities for 3 towns of Libya. Awarded by the Housing and Infrastructure Board, these contracts are scheduled for completion within 48 months.
Mr Vimal Kaushik MD of Punj Lloyd said “This is our third infrastructure project in Libya with the same client. We are very proud of our association with Housing and Infrastructure Board and look forward to playing a key role in building the infrastructure of Libya.”
The scope of work for the 3 projects includes design, procurement, installation and commissioning of utilities at Zawara, Ragdaleen and Al Jamail Towns. Utilities for these three projects consist of developing roads, networks for drinking water, sewage water and storm water, electrical and telecommunication work.
Punj Lloyd bagged its first contract in North Africa in August 2006 for the engineering, procurement and construction of an oil and gas project for Sirte Oil Company, Libya. Following this, the Group bagged 2 infrastructure projects upgradation of infrastructure of Arada and execution of utilities in Souk Al Juma of Tripoli.
With this prestigious win, the order backlog for the Punj Lloyd Group on consolidated basis has gone to INR 23939.21 crore. This is the total value of unexecuted orders as of March 31st 2009 and new orders received till date.
