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."
Looking at strengthening its position in rapidly growing Africa, infrastructure firm Punj Lloyd has bid for projects there and expects business worth USD 2 billion (Rs 9,000 crore) over two years from the continent.