Punj Lloyd wins Rs. 678 Cr EPC contract from NPCIL

Punj Lloyd won an EPC contract worth Rs. 678 crore from NPCIL for its critical piping work. The work will be held at four Pressurised Heavy Water Reactors (PHWR) of 700 MWe (Mega Watt electric) each. The construction should be completed in four years. The first two reactors are located at Kakrapara Atomic Power Project, KAPP 3 & 4 near Surat in Gujarat and the other two are at Rajasthan Atomic Power Project, RAPP 7 & 8 near Kota in Rajasthan.
 
The nature of work includes engineering, procurement, erection and commissioning of nuclear equipment and piping for all the systems inside the nuclear reactor buildings. After winning the contract, Atul Punj, Chairman, Punj Lloyd, said, “This is a significant win which has opened new avenues for the Group in the booming nuclear power sector. With the government’s ambitious nuclear power target of achieving 63,000 MWe by 2032, the sector in India is poised for robust growth in the future. This contract will place us in the select league of EPC contractors having nuclear power project execution capabilities, strengthening our position both nationally and internationally.” 
 
Punj Lloyd Group order backlog on a consolidated basis has gone up to Rs. 24,373 crore, which includes the current Rs. 678 crore contract. This is the total value of unexecuted orders as on March 31, 2011, and new orders received after that day.

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