Punj Lloyd arm bags Rs 1,272 cr contract in Singapore

Engineering and construction firm Punj Lloyd on Friday said one of its subsidiaries has bagged a contract valued at Rs 1,272 crore in Singapore.

Written by Agencies

November 30, 2007 00:00 IST

Engineering and construction firm Punj Lloyd on Friday said one of its subsidiaries has bagged a contract valued at Rs 1,272 crore in Singapore.

Sembawang Engineers and Constructors Pte Ltd, a wholly- owned subsidiary of Punj Lloyd, has won the contract for the proposed Bayfront Mass Rapid Transit station at Marina Bay in Singapore, it said in a filing to Bombay Stock Exchange.

The contract for architectural, civil and structural work has been awarded by the Land Transport Authority of Singapore.

Sembawang E&C will build the Bayfront station, including underground construction and two pairs of tunnels.

Shares of the firm closed at Rs 509.95, up 7.36 per cent at the BSE.

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