Punj Lloyd Group bags Rs 678-cr deal from NPCIL

Punj Lloyd Group, a diversified global engineering, procurement and construction (EPC) conglomerate on Monday said it has won an EPC Nuclear Power contract from the Nuclear Power Corporation of India (NPCIL) worth Rs 678 crore.

The order is for critical nuclear piping work at four Pressurised Heavy Water Reactors (PHWR) of 700 MWe (mega watt electric) each, according to a press release issued.

With the latest contract, the order backlog for the Punj Lloyd Group on a consolidated basis has gone up to Rs 24,373 crore. This is the total value of executed orders as on March 31, and new orders received after that day.

The scope of work includes engineering, procurement, erection and commissioning of nuclear equipment and piping for all the systems inside the nuclear reactor buildings.

Out of the four PHWRs, two are located at Kakrapara Atomic Power Project, KAPP 3 and 4 near Surat in Gujarat and the other two are at Rajasthan Atomic Power Project (RAPP) 7 and 8 near Kota in Rajasthan. The contract is scheduled to be completed in four years.

"This is a significant win which has opened new avenues for the group in the booming nuclear power sector. With the government's ambitious nuclear power target of achieving 63,000 MWe by 2032, the sector in India is poised for robust growth in the future.

This contract will place us in the select league of EPC contractors having nuclear power project execution capabilities, strengthening our position both nationally and internationally," Punj Lloyd Chairman Atul Punj said.

Punj Lloyd's group company, PL Engineering is also working on NPCIL's RAPP 7 and 8. Simon Carves, another group company has been actively engaged in the nuclear industry since the 1950s.

The company has provided services in the design and construction of associated nuclear process facilities in areas such as enrichment, fuel fabrication, new build and decommissioning including waste treatment.

The company was involved in some nuclear power projects in the UK, which include New Fuel Oxide Plant, Vitrification Plant and Refurbishment South Dissolver Cell.