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In an interview to CNBC-TV18, Anoop Kumar Mittal, Chairman of NBCC (India) spoke about the Bharatmala Project.
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In an interview to CNBC-TV18, Atul Punj, Chairman of Punj Lloyd spoke about tackling the NPA mess.
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The EPC sector has made several doable recommendations to resolve the issue because EPC is not a sector where 5:25 package will work, said Atul Punj, Chairman & Managing Director, Punj Lloyd.
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In an interview with CNBC-TV18, Rajat Seksaria said that the tentative value of the deal is likely to be around Rs 350-375 crore which is expected to bring down the company's debt by Rs 250 crore.
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Atul Jain, President and CEO, Pipelines & Tankage, Punj Lloyd says the pipeline stretches to 1850 km, of which 450 km has been awarded to the company.
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The four orders would be completed between 18-30 months with expected margins of around 5-8 percent on these projects, said Shantanu Karkun, President & CEO - Buildings & Infrastructure, Punj Lloyd.
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JP Chalasani, MD and group CEO of Punj Lloyd, says road sector is seeing traction. Also, he adds that there is a slowdown in demand from the oil and gas sector.
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Issues relating to clients as well as working capital have been resolved, and the company's performance for the remaining quarters of this fiscal should look up, Chalasani says.
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Talking about the business outlook in defence, Atul Punj, Chairman, Punj Lloyd said core investments of around Rs 180-200 crore are already in place.
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J P Chalasani, MD and CEO of Punj Lloyd, discusses company's performance for the fourth quarter and future outlook.
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The engineering company reported a loss of Rs 148 crore during October-December quarter against profit of Rs 1.2 crore in the year-ago period, impacted by lower topline as well as operating performance.
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On reports of stake sales JP Chalasani, Managing Director & Group CEO of Punj Lloyd says the company is in the final talks for the divestment of 17 percent in Medanta Medicity and some of its overseas barges.
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JP Chalasani, MD & Group CEO, Punj Lloyd says the project, for a subsidiary of Petronas, should be completed over the next 2.5- 3 years and takes the company‘s order book to a total of Rs 9940 crore.
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Engineering company Punj Lloyd gained more than 2 percent yesterday as its subsidiary Sembawang Engineers and Constructors received its first project in Hong Kong to build MTR Corporation's Shatin to Central Link Diamond Hill Station.
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Speaking to CNBC-TV18, Atul Punj, chairman of Punj Lloyd said, the company’s focus will be on reducing debt for the next three-six months. He further said the company’s order backlog is now built to a level where it provides "clear visibility for the next two years."
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Ravindra Kansal, president and chief executive officer, Middle East, Africa & CIS, Punj Lloyd, in an interview to CNBC-TV18, said that the company will complete the order in two and half-three years.
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In an interview with CNBC-TV18, Shivendra Kumar, President and CEO of South Asia’s Energy business at Punj Lloyd said that this Rs 330 crore order contributes a very small portion of their overall order book.
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Nikhil Gandhi, Chairman, Pipavav Shipyard in an interview with CNBC-TV18, said that the company is committed to repay USD 250 million debt which was secured for the fusion stake of Punj Llyod in Pipavav Shipyard. The company is in the process of raising the money from the open market for the same.
