Punj Lloyd Ltd awarded IOC contract

04-Sep-06
Punj Lloyd Limited (PLL) has secured a contract for Indian Oil Corporation's naphtha cracker project being implemented at Panipat (Haryana). The order is valued at Rs 349.73 crore on EPC basis, and has come through Indian Oil Tanking Ltd, where Punj Lloyd is the nominated sub-contractor. The contract is for the offsite and storage facilities of its naphtha cracker project. The project is scheduled to be completed in 24 months with an additional two months for commissioning.
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