Shares of Punj Lloyd were up over 6 per cent at Rs.25.55 on the BSE after the company said it has won the 459km of the 48-inch diameter Trans Anatolian Natural Gas Pipeline (TANAP) in Turkey worth Rs.2,780 crore (US$ 409 million) in joint venture with Limak (50-50) share. Punj LloydĂÂŽs value of the project amounts to Rs.1,390 crore (USD 204 million). TANAP will be built to transport natural gas emanating from the South Caucasus Pipeline Company pipeline in Georgia and terminating into the Trans-Adriatic Pipeline in Greece.
FlashNews:
Global Trust as Essential as Scale in Green Hydrogen: Pralhad Joshi
Evolving Customer Needs Reshape Indiaâs Aluminium Market, Says RUSAL
Delhi Airport Strengthens Global Hub Position with 160 Destinations
SDHI Doubles Workforce, Targets 550 More Hires by FY2027
RITES, NHIDCL Partner to Boost Highway Development in Strategic Regions
SDLG India Commits âč15 Billion to Expand Manufacturing and Localisation
Airtel Cloud Signs 40 Clients as Manufacturing Fuels India Growth
NTPC Cancels Mouda BESS Contract, Moves to Retender After GRIL Default
Cummins India Launches NextâGen Power and Lifecycle Solutions for Emerging Infrastructure Demand
Ascenso Invests $100 Million to Build Giant Radial Mining Tyres in India
JCB India Launches 10 New Machines at Bauma Conexpo 2026
Eastman Launches VEKTOR Brand, Targets Monolithic Construction Growth
TORSA Machines Targets âč5 Billion Revenue with FiveâArea, FiveâYear Strategy
SDLG India Unveils New Diesel and Electric Range for Infrastructure and Mining
CJI Surya Kant Calls for Preventive Justice to Avoid Infrastructure Disputes
SolarâPlusâStorage: Reliability for Indiaâs C&I Sector
Suzlon Secures Maiden 200 MW Wind Order from Ayana Renewable Power
Tata Power Solaroof Crosses HalfâMillion Rooftop Milestone, Targets 3 Million by 2029
REC Issues Indiaâs First Tokenised Corporate Bonds Under SEBI Sandbox
Home » Punj Lloyd gains on winning pipeline contract in Turkey
Punj Lloyd gains on winning pipeline contract in Turkey
Oil & Gas
February 1, 2016February 1, 2016
Leave a Reply
You must be logged in to post a comment.