This is the second order won by the company after the Rs 823 crore project from Rajasthan Vidhyut Utapadan Nigam, Jaipur for building up of 2x250 MW Chhabra Thermal Power Station, Rajasthan on EPC basis. With this order backlog of the Punj Lloyd Group on consolidated basis has gone up to Rs 21,249.63 crore. This is the total value of unexecuted orders as of March 31, 2008 and new orders received till date.
V K Kaushik, managing director, Punj Lloyd said, "With immense opportunities in the engineering, procurement and construction (EPC) space, it is a privilege for us to be working on this thermal power project. Continuing our expansion in high-growth areas, we believe that this project will play a vital role in strengthening our expertise.
Setting up this plant will go a long way in improving the power situation of Punjab besides contributing to its economic development. The company recently also announced to partner with Singapore Technologies (ST) Kinetics to win orders from the Indian army. It also won a Rs 649 crore contract from the Indian Oil Corporation last month month.
