Punj Lloyd bags $38 million Singapore contract

September 9th, 2008 - 2:03 pm ICT by IANS  

New Delhi, Sep 9 (IANS) Punj Lloyd Ltd Tuesday said its wholly owned subsidiary, Punj Lloyd Pte Ltd has bagged a $37.7 million (Rs.1.7 billion) contract from Singapore-based FWP.FWP is a joint venture between Foster Wheeler Asia Pacific Pte Ltd and Worley Parsons Pte Ltd.

Under the contract, Punj Lloyd will carry out select mechanical works on utilities in Jurong Island, Singapore, a company statement said.

Punj Lloyd Ltd is a transnational company specialising in the energy and infrastructure sectors. The company’s operations are spread across the Middle East, Africa, the Caspian, Asia Pacific and South Asia.

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