J P Chalasani, MD and CEO of Punj Lloyd, discusses company's performance for the fourth quarter and future outlook.
In an interview to CNBC-TV18, JP Chalasani, Managing Director & Group CEO said that the company is targeting claims reduction of Rs 3000 crore. He also said that the company is looking to reduce debt by 40 percent and is seeing some traction in the slow moving orderbook in Libya.