Punj Lloyd bags $93.02 mn order from RGPL

Lloyd Ltd along with its joint venture partner, Whessoe UK, has bagged an order worth $93.02 million from Ratnagiri Gas and Power Pvt Ltd for completing the Dabhol LNG terminal.

MUMBAI: Lloyd Ltd along with its joint venture partner, Whessoe UK, has bagged an order worth $93.02 million from Ratnagiri Gas and Power Pvt Ltd for completing the Dabhol LNG terminal.

The EPC (engineering, procurement and construction) order entails the completion of balance works at the LNG terminal and top of the jetty facilities for Ratnagiri (Dabhol) LNG Terminal project, Punj Lloyd informed the stock exchanges.

The project is scheduled to be completed within 13 months, it added.

"With this, Punj Lloyd will be the only Indian company to have participated in the execution of all the three LNG terminals in the country. This project will also add value to our order book," the company's Chairman and Managing Director Atul Punj said.

Punj Lloyd has a 50:50 joint venture with Whessoe UK, which is engaged in the oil and gas, refining, petrochemical, nuclear, water, power and offshore industries.
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