Punj Lloyd bags Rs 114 cr order

Infrastructure developer Punj Lloyd today said it has bagged a Rs 114 contract from Uttar Pradesh Rajya Vidyut Utpadan Nigam for building a railway siding at the state-run utility's Anpara plant.

"It is our first-ever railway contract. The contract is scheduled to be completed within fifteen months," Punj Lloyd said in a statement.

The scope of the work includes improving ground, workshop building and construction of railway siding for supply of coal to two 500-MW thermal power plants at Anpara in the state.

"The contract is an extremely important entry point into the vital railways sector; the potential for the company henceforth is huge," S S Raju, President and CEO, Buildings and Infrastructure (India), Punj Lloyd, said.

The current order backlog for the Punj Lloyd Group on a consolidated basis, including this order, stands at Rs 21,512 crore, the statement said.

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