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Punj Lloyd Bags Rs113 Crore Project from ONGC

  • Punj Lloyd has been awarded a contract for construction of Naptha Feed Pipeline from Hazira to Dahej including associated terminal works by ONGC.Engineering and construction firm Punj Lloyd said it had bagged a project worth Rs113 crore from Oil and Natural Gas Corporation (ONGC) for construction of a pipeline in Gujarat.
  • "Punj Lloyd has been awarded a contract for construction of Naptha Feed Pipeline from Hazira to Dahej including associated terminal works by ONGC," the company said in a filing to the Bombay Stock Exchange. The project is scheduled to be completed within 14 months, it added.In the late afternoon, Punj Lloyd was trading at around Rs40.30 per share on the Bombay Stock Exchange, 5.91% up from the previous close.

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