Infrastructure major Punj Lloyd's net loss has narrowed to Rs 231.81 crore during the quarter ended December 31, 2016.
Tag: Punj Lloyd
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Punj Lloyd wins orders worth Rs.2,070 cr in Oman
Engineering, procurement and construction (EPC) major Punj Lloyd won orders worth Rs.2,070 crore in the oil & gas sector from Oman Oil Refineries and Petroleum Industries Company (ORPIC) and Oman Gas Company (OGC) earlier in February.
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Punj Lloyd gains on winning pipeline contract in Turkey
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.
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Hitting the road
Investing in an infrastructure project isn´t really glamorous, more so if it happens to be a still developing economy like India that needs to first create some basic infrastructure. A new road project or a thermal power plant many not excite as much as investing in a cutting-edge technology start-up in India´s own Silicon Valley, Bengaluru
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Infrascape 2015
Infrastructure plays a very significant role in economic development. The government has outlined various infrastructure development initiatives in the country, which include smart cities, nationwide connectivity networks of roads, power, gas and water grids.
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Punj Lloyd secures Rs 2.75 bn contract
Punj Lloyd has bagged a cross country pipeline contract worth Rs 2.75 billion. The company received the order for setting up of various infrastructure facilities. The contract includes civil, structural, mechanical, electrical & instrumentation, piping, cross country pipelines, horizontal direction drilling, equipment assembly, fabrication and erection, marine work, tankages work and electrical and other associated and miscellaneous works and rectification of defective works at a leading refiner
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Punj Lloyd bags 358 cr project from CPCL near Chennai
A contract of Rs 358 crore has been bagged by engineering and construction major Punj Lloyd from the Chennai Petroleum Corporation (CPCL) to build the Sulphur Block of Resid Upgradation Project at its Manali refinery near Chennai.
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Punj Lloyd to convert part of rupee loan into dollar
In order to align its business operation, engineering major Punj Lloyd plans to convert part of its rupee debt into dollar debt. Profitability of the firm took a hit because of the mismatch between the interest payment on debt (which is mostly in rupees) and revenue (which is mostly in dollar). While the company derives 65-70 per cent of its business from abroad, its 65-70 per cent of debt is in rupe
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Punj Lloyd gets road contract from GMR
Punj Lloyd, a leading engineering, procurement and construction (EPC) conglomerate, has received a letter of intent from GMR Projects for undertaking design, engineering, procurement and construction of 124 km of six lane of Chittorgarh bypass to Udaipur, in the state of Rajasthan. Worth Rs 1,050 crore, the project is scheduled for commissioning in 36 months.
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Punj Lloyd bags GMR project
Punj Lloyd has bagged a project worth Rs 1,050 crore from GMR Projects. Punj Lloyd will undertake the design, engineering, procurement and construction of 124 km of the six-lane Chittorgarh bypass to Udaipur (Rajasthan).
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