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Punj Lloyd bags contracts for IOC's refinery

NEW DELHI: Engineering and construction major, Punj Lloyd has secured two contracts for Indian Oil Corporation's refinery project being implemented at its complex at Haldia (West Bengal). The contracts awarded are on EPC basis for the Hydrocracker (capacity 1.7 MMTPA) and Hydrogen Generation Unit (capacity 70,000 TPA). The combined value of both the orders is Rs. 1,163 crore — Rs. 864 crore for the hydrocracker contract and Rs. 299 crore for hydrogen generation unit.

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