Punj Lloyd wins Rs 477 crores Ennore LNG Tankage Project from Mitsubishi Heavy Industries, Japan

Total order backlog touches Rs 22,171 crores New Delhi,  Punj Lloyd Group, the global, diversified EPC giant today announced winning a Rs 477 crores (USD 75 million) tankage order from Mitsubishi Heavy Industries Ltd of Japan. The scope of work entails confirmatory geotechnical investigation, early earth works, construction of two 180,000 m3 capacity full containment LNG Tanks on elevated piled foundation for LNG import, storage and re-gasification terminal project of Indian Oil Corporation at Ennore port in Tamil Nadu, India. Once completed, the LNG imported to the Ennore terminal will be used by utility company power generation plants as an alternative fuel and as feedstock by fertiliser plants. To be completed in 33 months, the project timelines are extremely challenging. However the expertise of Punj Lloyd in tanks and terminals, especially cryogenic tanks is well established, making Punj Lloyd excellently placed to deliver this project. Punj Lloyd had constructed the LPG Import-Export terminal at Ennore for its client, IndianOilPetronas. Punj Lloyd was also involved in the construction of three of the four LNG terminals of the country - namely Dahej, Hazira and Dabhol. Speaking on this occasion, Atul Jain, President and CEO, Pipeline and Tankage, Punj Lloyd said, “Our technical knowledge in the LNG domain, coupled with our experience in this sector, has won us the appreciation of our clients worldwide. Punj Lloyd is proud to be India’s first LNG tank constructor for both the Western and Eastern Coasts, having played a critical role in building India’s LNG infrastructure.” LNG is stored at -160 degrees C in liquid form and when transported through pipeline it is re-gassified into natural gas. With this win, Punj Lloyd Group’s order backlog reaches Rs 22,171 crores. The order backlog is the value of unexecuted orders on March 31, 2015 plus new orders received after that date.