Punj Lloyd bags Rs 678 cr nuclear power contract; stock surges

MUMBAI: Punj Lloyd has won an EPC nuclear power contract from NPCIL worth Rs 678 crore for critical nuclear piping work at four pressurised heavy water reactors of 700 MWe each.

The scope of work includes engineering, procurement, erection and commissioning of nuclear equipment and piping for all the systems insie the nuclear reactor buildings.

The stock was at Rs 70.90, up 7.67 per cent on the NSE. It touched a high of Rs 71.85 and low of Rs 65.15 in trade so far.