Punj Lloyd Group has bagged tankage order worth Rs 477 crore from Mitsubishi Heavy Industries of Japan. The scope of work entails confirmatory geotechnical investigation, early earth works, construction of two 180,000 m3 capacity full containment LNG Tanks on elevated piled foundation for LNG import, storage and re-gasification terminal project of Indian Oil Corporation at Ennore port in Tamil Nadu, India. Once completed, the LNG imported to the Ennore terminal will be used by utility company power generation plants as an alternative fuel and as feedstock by fertiliser plants.
The project timelines are extremely challenging as the contract needs to be completed in 33 months. However the expertise of Punj Lloyd in tanks and terminals, especially cryogenic tanks is well established, making Punj Lloyd excellently placed to deliver this project. The company had constructed the LPG Import-Export terminal at Ennore for its client, IndianOil-Petronas. The company was also involved in the construction of three of the four LNG terminals of the country -namely Dahej, Hazira and Dabhol.
LNG is stored at -160 degrees C in liquid form and when transported through pipeline it is re-gassified into natural gas. With this win, Punj Lloyd Group's order backlog reaches Rs 22,171 crore. The order backlog is the value of unexecuted orders on March 31, 2015 plus new orders received after that date.
Punj Lloyd provides engineering, procurement, construction (EPC) and project management services. It provides services to oil and gas, energy, infrastructure petrochemical, telecom broadband and utilities sectors, among others.
| Company Name | CMP |
|---|---|
| Larsen & Toubro | 3501.15 |
| Rail Vikas Nigam | 371.90 |
| NCC | 242.65 |
| KEC International | 952.65 |
| Kalpataru Projects | 1176.80 |
| View more.. | |
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