Punj Lloyd wins order worth Rs 275.79 crore

Punj Lloyd wins order worth Rs 275.79 crore Punj Lloyd, a global EPC player in the energy and infrastructure sector, has secured an order worth Rs 275.79 crore from Indianoil Petronas for engineering related works.

The order work includes designing, detailed engineering, supply, construction / installation, testing and commissioning of Propane / Butane / LPG Import Terminal at Ennore, Tamil Nadu on EPCC basis.

Earlier this month, the company received an order worth Rs 550 crore from state-run Mangalore Refinery and Petrochemicals (MRPL) for construction related works.

Ahead of positive announcement, the scrip of the company today settled the day at Rs 268 on BSE, up 3% compared to previous close of Rs 259.