Punj Lloyd bags Rs 114 crore order for building railway siding

"It is our first-ever railway contract. The contract is scheduled to be completed within fifteen months," Punj Lloyd said in a statement.

The scope of the work includes improving ground, workshop building and construction of railway siding for supply of coal to two 500-MW thermal power plants at Anpara in the state.

"The contract is an extremely important entry point into the vital railways sector; the potential for the company henceforth is huge," S S Raju, President and CEO, Buildings and Infrastructure (India), Punj Lloyd, said.

The current order backlog for the Punj Lloyd Group on a consolidated basis, including this order, stands at Rs 21,512 crore, the statement said.