Punj Lloyd bags Rs 823 cr order in Rajasthan

Engineering construction major, the Punj Lloyd Ltd, has bagged an order worth Rs 823 crore from the Rajasthan Vidyut Utapadan Nigam Ltd for setting up a 500 Mw power plant in the state.

The company would build two units of 250 Mw power plant, Chabbra Thermal Power Station, as per the secured order, which is to be executed on the engineering procurement and construction basis.

In a filing on the Bombay Stock Exchange, Punj Lloyd said the order entails carrying out mechanical, electrical, instrumentation and civil works and is scheduled to be completed in 24 months.

Punj Lloyd would be responsible for building up the complete power station with the exception of main plant equipment.

The company claimed, "This was the single largest order bagged by it and was also the largest contract for Punj Lloyd group in this domain. The order backlog of the group (including Sembawang Engineers and Constructors, Singapore) in the power sector stood at Rs 386 crore.