Engineering Procurement Construction conglomerate Punj Lloyd today announced bagging an infrastructure order worth Rs 308 crore in the United Arab Emirates, Dubai. Front Line Investment Management Co. LLC, a subsidiary of Damac Properties Development LLC has given this contract to Punj Lloyd, for the construction of 168 villas at Trixis Cluster of the Akoya Oxygen […]
Punj Lloyd JV Limak bags project worth Rs 2,780 crore in Turkey
Engineering Procurement Construction giant Punj Lloyd recently said that its joint venture with Limak has won a gas pipeline project worth Rs 2,780 crore from TANAP Dogalgaz Iletim AS in Turkey. The company confirmed in its regulatory filing that its 50:50 joint venture (JV) with Limak has bagged the project. Punj Lloyd President and CEO, […]
Punj Lloyd bags 4 highway projects worth Rs 1555 Cr
Infrastructure giant, Punj Lloyd, announced that it has won four highway contracts from the central government. The projects amount to a combined value of Rs 1555 crore and involve projects in Bihar, Chhattisgarh, Odisha and Punjab. The contracts for Bihar, Odisha and Chhattisgarh have been bagged from National Highways Authority of India (NHAI) while the […]
Punj Lloyd and Acropolis Capital Group to launch IronTread, India’s first online construction equipment rental company
Global conglomerate Punj Lloyd and Acropolis Capital Group have come together to create ‘IronTread’, India’s first online contractor-to-contractor equipment rental and sale marketplace for the construction and infrastructure industry. IronTread is India’s first peer-to-peer equipment rental company to be established with an aim to modify the way contractors make purchasing and rental decisions for construction […]
Power T&D sector presents huge opportunity, says C.K. Thakur, President & CEO, Power, Punj LLoyd
Known for undertaking truly mega-scale projects in India and abroad, Global Conglomerate Punj Lloyd has diversified in to the Power T&D sector in India. Termed by various industry analysts as a rather “humble” sector, Punj Lloyd views it as a sector offering an array of opportunities. The Government of India has identified T&D sector for […]
PM Modi’s visit to the UK will expedite development in India, expects Atul Punj
Recent deals worth£9-billion signed between India and the UK have led industry experts to believe that this surge in foreign investment would act as an impetus to the development in India. Atul Punj, Chairman, Punj Lloyd Group, believes that for India, it is important to maintain healthy international relations, especially in times when the Indian […]
Punj Lloyd bags Indian Oil Corporation’s Rs 367 crore Paradip Refinery EPCC Package
Punj Lloyd has bagged an EPCC contract at Paradip Refinery, Odisha, amounting to a value of Rs 367 crore. The said contract was issued by Indian Oil Corporation for its most prestigious refinery. Under this contract, the scope of work would involve Residual Basic Engineering including HAZOP study, procurement, detailed engineering, and constructing and commissioning […]
Atul Punj, Chairman of Punj Lloyd Group, becomes President of International Pipe Line & Offshore Contractors Association (IPLOCA)
Atul Punj, Chairman of the diversified EPC conglomerate Punj Lloyd, has been elected as the President of International Pipe Line & Offshore Contractors Association (IPLOCA 2015-16). The decision of naming Atul Punj as the President was taken unanimously by the members of the IPLOCA. International Pipe Line & Offshore Contractors Association is a reputed international industry body […]
Punj Lloyd enters T&D sector by winning projects from Power Grid Corp
Punj Lloyd has won two projects worth Rs 488 crore which are its gateways to enter in Power Transmission and Distribution sector. These undertakings have been taken from Power Grid Corp. It brought about 8% increase in Punj Llyod’s shares on Wednesday and its hit Intraday high of Rs 27.25 for each offer. These T&D […]