Punj Lloyd awarded Indian Oil Corporation’s Rs 367 crore Paradip Refinery EPCC Package
Punj Lloyd has been awarded an EPCC contract at Paradip Refinery, Odisha, amounting to Rs 367 crore. The said contract was issued by Indian Oil Corporation.
As per the contract, the work to be accomplished by Punj Lloyd would include Residual Basic Engineering including HAZOP study, Procurement, detailed designing, constructing and commissioning of the Coker LPG Treating Unit and offsite and utility facility.
Amit Gupta, President & CEO, Process, Punj Lloyd remarked winning this contract as a landmark achievement. He said, “We are proud to have secured our second order in Paradip Refinery, Indian Oil’s most prestigious refinery. The first order being executed for IOCL at Paradip comprised 12 Process Units (LSTK # B) on EPC Basis, which is now in the final stages of completion.”
Punj Lloyd is a Diversified Global EPC (Engineering, Procurement and Construction) Conglomerate which had recently also won the EPCC Package 2 at Haldia Refinery, West Bengal for the Sulphur Block of Indian Oil Corporation Ltd.
An official spokesperson for Punj Lloyd said, “The company has extensive experience in almost every process including Coker, Visbreaker, Hydrogen and Hydrocracker, Sulphur Block and MSQ up-gradation. With winning the contract of Paradip Refinery, our order backlog stands at Rs 21,833 crores.”
Situated on the east coast of India, Paradip Refinery is at a distance of 5 km from Paradip Port, in the state of Odisha. The site, sprawling over an area of massive 3344 acres, is at a distance of 90 km by road from Cuttack and about 120 km from Bhubaneswar, the capital of Odisha.
ABOUT PUNJ LLOYD
Punj Lloyd Ltd. (BSE SCRIP ID: PUNJLLOYD, NSE SYMBOL: PUNJLLOYD, CIN: L74899DL1988PLC033314). The Punj Lloyd Group is a diversified international conglomerate offering EPC services in Energy and Infrastructure along with engineering and manufacturing capabilities in the Defence sector. Known for its capabilities in delivering mega projects “on time,” thereby ensuring repeat customers, the Group possesses a rich experience of successfully delivered projects across the globe, while maintaining the highest standards of health, safety, environment and quality (HSEQ).
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