PUNJ LLYOD BAGS RS 574-CR THAI PROJECT

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ENGINEERING and construction company Punj Lloyd has said that it has bagged a Rs 574-crore project in Thailand for an offshore oil facility. The project, secured from Thailand's state-owned oil and gas firm PTT Public Company, entails installing three compressor units for a platform station in the Gulf of Thailand, the company said in a statement. "Upon completion, the project will facilitate boosting the pressure of gas being supplied downstream. This would help meeting the rising demand of gas within Thailand's domestic market for power plants and other users," Punj Lloyd director P K Gupta said.

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