Punj Lloyd bags Rs 528 cr project in Singapore

Tags: Companies
Diversified global conglomerate Punj Lloyd Group today said it has bagged a contract worth Rs 528 crore in Singapore to construct a new prison headquarter.

"Punj Lloyd Group today said it bagged Rs 528 crore worth project from the Singapore prison service to construct the new prison headquarters of the Changi prison complex," the company said in a statement.

As per the Letter of Award (LoA) received from the Singapore prison service, which comes under the purview of the Ministry of Home Affairs, Sembawang Engineers and Constructors, a Punj Lloyd Group company, will execute the project for the construction of four buildings and several ancillary buildings, substantial earthworks with retaining walls, road widening and external work, it said.

The project is expected to be completed over a period of 24 months. When completed, the headquarters will provide office facilities, a multi-purpose hall, club house and an auditorium, the statement said.

"Sembawang, with extensive experience in building complex landmark structures, will be able to deliver the new prison headquarters to support the Singapore prison service in helping inmates to turn over a new leaf and reintegrate into society after their release," Sembawang President and chief executive officer Richard Grosvenor said.

With this order, the total order backlog for the Group on a consolidated basis now stands at Rs 25,941 crore, reflecting the total value of unexecuted orders as on September 30 and new orders received after that, the release said.

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