Punj Lloyd Chairman, Atul Punj takes over as President of IPLOCA
Atul Punj, Chairman of the diversified EPC conglomerate, Punj Lloyd has been unanimously elected as the President of IPLOCA 2015-16 (International Pipe Line & Offshore Contractors Association), the reputed international industry body representing over 240 key players in the onshore and offshore pipeline construction industry worldwide.
Headquartered in Geneva, Switzerland, IPLOCA’s inception can be traced back to 1966 when the then leaders of the international pipeline construction industry established the International Pipe Line Contractors Association (IPLCA) as the international division of the Pipe Line Contractors Association (PLCA) of the United States.
Atul, who has been on the IPLOCA Board as Director, East & Far East since last year will be taking over the baton from Jean-Claude Van de Wiele. As the President of IPLOCA, Atul will be at the helm of decisions to promote the highest standards in the pipeline industry and facilitate business opportunities for the various members.
On this win Atul said, “I feel privileged. With the comprehensive experience that Punj Lloyd has in pipelines globally, I feel upbeat about this new role. I am enthusiastic and hope to add value to the workings of IPLOCA which has been actively engaging the industry through various forums and collaborating to brave the challenges the industry has been facing including geopolitical issues, inhospitable terrain and the lack of qualified manpower.”
History repeats itself in this case as Atul took over the reins of the company from his father, SNP Punj, who was the President of IPLOCA in 1997.
Atul, with his vision and foresight led Punj Lloyd to explore global markets and diversify its portfolio to include energy, infrastructure and defence. Globally, Punj Lloyd is synonymous with pipelines as the company has earned the reputation of ‘all terrain specialists’ with its extensive overseas experience. Its success lay in the execution of the Baku-Tbilisi-Ceyhan pipeline (Pipeline of the century) in the mountains of Georgia and Turkey, the 48” dia pipeline in the desert of Oman, the Sabah Sarawak Gas Pipeline in rainforests of Malaysia, Strategic Gas Pipeline of Qatar among others. In India, Punj Lloyd has been associated with projects of strategic importance including the Dahej Vijaipur Pipeline, Dabhol Bangalore, East West Gas Pipeline. Punj Lloyd’s knowledge of local laws, understanding of global terrain, its adaptability to harsh weather conditions, and quick mobility of equipment and people, made it one of the world’s preferred EPC Pipeline contractors.
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).