Punj Lloyd bags Rs 823 cr Rajasthan Vidyut order

Punj Lloyd has won an order worth Rs 823 crore from Rajasthan Vidyut Utapadan Nigam, Jaipur on EPC basis. The contract is for building the 2x250 MW Chabbra Thermal Power Station, Rajasthan on a fast track basis, according to an official release issued by the company to the BSE today.

The scope of work involved under this contract is complete mechanical, electrical, instrumentation and civil works. The company would be responsible for building up complete power station with the exception of main plant equipment. The contract is scheduled to be completed in 24 months, the release said.

This EPC contract is the single largest contract for the company as on date. This is also the largest order for Punj Lloyd group in this domain. With this, the order backlog for Punj Lloyd group (including Sembawang Engineers & Constructors, Singapore) is Rs 10,561 crore. This is the total value of unexecuted orders as of July 01, 2006 and new orders received till date, the release added.