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Punj Lloyd wins 6.49 bln rupee refinery upgrade contract from IOC

Posted by Yogesh on Friday, 6 June, 2008

MUMBAI (Thomson Financial) – India’s Punj Lloyd Ltd. said it has won a 6.49 billion rupee contract to help upgrade Indian Oil Corp. Ltd.’s (IOC) Barauni refinery.

In a regulatory filing, the company said the turnkey contract — towards improving quality of the refinery’s motor spirit (gasoline) to meet Euro-III norms — entails engineering, procurement and construction services.

It is scheduled to be commissioned within 23 months. Source CNBC

This entry was posted on Friday, 6 June, 2008 at 9:25 pm and is filed under Corporate News. Tagged: , , . You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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