Punj Lloyd Wins Qatar Contract of Rs 389 crore

We have just now received a communication from the company stating that they have received an EPC order.

Punj Lloyd Limited, a global provider of EPC services in the energy, infrastructure and petrochemical sectors, has secured a contract to construct the Multi-Product pipeline from Qatar Petroleum on an EPC basis. Total value of the order is 360 Million Qatar Riyal.

Our Analyst tracking the stock adds that, with this, the order backlog for the Punj Lloyd group on consolidated basis has gone up to Rs. 16,872.46 crore.