Punj Lloyd bags Rs 138 cr Gail project

Punj Lloyd has bagged a contract of over Rs 138 crore from Gas Authority of India (Gail) for construction of a pipeline project.

According to a company release issued today, the contract involves construction of spread I Dahej-Uran pipeline project and is expected to be completed by February 2007.

"This is a prestigious project for us and represent another step forward in meeting company's strategic growth objectives," Atul Punj, chairman and managing director of Punj Lloyd, said.