Punj Lloyd bags Rs 242 cr pipeline order from ONGC

MUMBAI: Punj Lloyd has said it has bagged a Rs 242 crore contract to construct the Uran Trombay Gas Pipeline (UTG) project on a turnkey basis from state-run ONGC.

The contract has been bagged in partnership with its wholly-owned subsidiary PT, Punj Lloyd Indonesia, the engineering company informed the BSE.

The project entails engineering, procurement, construction and commissioning of a pipeline from Uran to Trombay in Maharashtra. The project is likely to be completed in 15 months, it added.

This is the second project secured by Punj Lloyd from ONGC for installation of offshore pipelines.