Punj Lloyd Ltd said it won a contract worth Rs179.89 crore from Rajiv Gandhi Institute of Petroleum Technology to construct their technical institute at Jais in Rae Bareli, Uttar Pradesh.
The scope of work entails civil, structural and associated work including site development for setting up of Rajiv Gandhi Institute of Petroleum Technology. This involves construction of 27 buildings consisting of administration and library building, auditorium, community centre, lecture halls, commercial centre, staff housing facility, hostels and health care centre over an area of 16 lakh sq ft. The order will be executed over a period of 24 months.
On Tuesday, Punj Lloyd’s shares ended 0.6% down at Rs116 on the Bombay Stock Exchange, while the benchmark Sensex closed 1% down at 16,617 points.
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