Punj Lloyd bags 590 crore order from IOC

Punj Lloyd has secured a Rs 590 crore contract for building delayed coker unit & coker LPG merox block for the residue upgradation project of Indian Oil Corporation at its Vadodara refinery in Gujarat.

The scope of work includes a 3.7 MMTPA delayed coking unit and a 160 TMTPA LPG Merox unit. The project is scheduled to be completed within 28 months. The company has extensive experience in refinery process units including hydrocracker, sulphur recovery units, hydrogen generation unit and motor spirit quality (MSQ) upgradation projects for all the major PSUs in India. This project adds to this vast portfolio in refinery processing. With this, the order backlog for the Punj Lloyd group on consolidated basis has gone up to Rs 18,484 crore.