Business Standard

Punj Lloyd bags Rs 649 cr contract from IOC

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BS Reporter New Delhi

This is the 5th EPCC contract from IOC to Punj Lloyd, and the 2 nd MSQ Upgradation Project, after the IOC Haldia MSQ Project commissioned successfully by Punj Lloyd in 2005.

Punj Lloyd will upgrade IOC's refinery at Barauni to improve quality of motor spirit (Gasoline) to meet Euro-III emission norms for reducing vehicular pollution. The lump-sum turnkey contract entails engineering, procurement, construction and commissioning (EPCC) services and has been bagged amidst stiff competition. The project is scheduled to be commissioned within 23 months.

 

This project adds to the vast portfolio of Punj Lloyd for refinery process units, which includes MSQ upgradation project in IOC Haldia, Hydrocracker, Sulphur Recovery Units, Hydrogen Generation Unit and the Delayed Coker Unit.

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First Published: Jun 06 2008 | 11:30 AM IST

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