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Punj Lloyd Bags Rs 823 Cr Order In Rajasthan
Engineering construction major, the Punj Lloyd Ltd, has bagged an order worth Rs 823 crore from the Rajasthan Vidyut Utapadan Nigam Ltd for setting up a 500 Mw power plant in the state. The company would build two units of 250 Mw power plant, Chabbra Thermal Power Station, as per the secured order, which is to be executed on the engineering procurement and construction basis.
In a filing on the Bombay Stock Exchange, Punj Lloyd said the order entails carrying out mechanical, electrical, instrumentation and civil works and is scheduled to be completed in 24 months. Punj Lloyd would be responsible for building up the complete power station with the exception of main plant equipment.
The company claimed, “This was the single largest order bagged by it and was also the largest contract for Punj Lloyd group in this domain. The order backlog of the group (including Sembawang Engineers and Constructors, Singapore) in the power sector stood at Rs 386 crore.
Leela Kempinski To Invest Rs 40 Crore
The Leela Palaces & Resorts will soon add 105 rooms to The Leela Palace, Kempinski, the group’s flagship property in Bangalore. The company has announced an investment of Rs 40 crore for the expansion. The expansion also includes opening an international restaurant at the existing hotel. At present, the Leela Palace, Kempinski-Bangalore has 256 rooms and suites.
“With the strategic investment in expansion, we will enhance the hotel’s appeal and position not only in Bangalore but in the country as well. Our effort is to increase the scope and scale of the 'Essence of India’ through a larger and more luxurious Leela Palace, Bangalore,” said company’s president Peter Leitgeb. Commenting on the expansion programmes, a company spokesperson said that the expansion is part of the Rs 1,500 crore expansion across the country. “The construction of an additional wing to house the new rooms is expected to be completed by January next year,” she added.
Engineering construction major, the Punj Lloyd Ltd, has bagged an order worth Rs 823 crore from the Rajasthan Vidyut Utapadan Nigam Ltd for setting up a 500 Mw power plant in the state. The company would build two units of 250 Mw power plant, Chabbra Thermal Power Station, as per the secured order, which is to be executed on the engineering procurement and construction basis.
In a filing on the Bombay Stock Exchange, Punj Lloyd said the order entails carrying out mechanical, electrical, instrumentation and civil works and is scheduled to be completed in 24 months. Punj Lloyd would be responsible for building up the complete power station with the exception of main plant equipment.
The company claimed, “This was the single largest order bagged by it and was also the largest contract for Punj Lloyd group in this domain. The order backlog of the group (including Sembawang Engineers and Constructors, Singapore) in the power sector stood at Rs 386 crore.
Leela Kempinski To Invest Rs 40 Crore
The Leela Palaces & Resorts will soon add 105 rooms to The Leela Palace, Kempinski, the group’s flagship property in Bangalore. The company has announced an investment of Rs 40 crore for the expansion. The expansion also includes opening an international restaurant at the existing hotel. At present, the Leela Palace, Kempinski-Bangalore has 256 rooms and suites.
“With the strategic investment in expansion, we will enhance the hotel’s appeal and position not only in Bangalore but in the country as well. Our effort is to increase the scope and scale of the 'Essence of India’ through a larger and more luxurious Leela Palace, Bangalore,” said company’s president Peter Leitgeb. Commenting on the expansion programmes, a company spokesperson said that the expansion is part of the Rs 1,500 crore expansion across the country. “The construction of an additional wing to house the new rooms is expected to be completed by January next year,” she added.
posted by Raj @ 11:33 AM
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