Punj Lloyd bags Rs 3.3 bn order

Punj Lloyd Group won an order worth Rs 330 crore for process facilities and utilities at an upcoming crude oil storage cavern in Mangalore, Karnataka. This is the first cavern project for the Group and has been awarded by Indian Strategic Petroleum Reserves, a wholly owned subsidiary of Oil Industry Development Board, Ministry of Petroleum and Natural Gas. The scope of work for the project involves engineering, procurement, con­struction and commissioning of systems for crude oil receipt, pumping out, metering, recircu­lation, heating, wastewater treatment, utilities production, flaring and operation buildings.