Punj Lloyd Group a diversified global engineering, procurement and construction conglomerate announced winning an EPC Nuclear Power contract from NPCIL worth INR 678 crore for critical nuclear piping work at four Pressurized Heavy Water Reactors of 700 MW each.

The scope of work includes engineering, procurement, erection and commissioning of nuclear equipment and piping for all the systems inside the nuclear reactor buildings. Out of the 4 Pressurized Heavy Water Reactors two are located at Kakrapara Atomic Power Project, KAPP 3&4 near Surat in Gujarat and the other two are at Rajasthan Atomic Power Project, RAPP 7&8 near Kota in Rajasthan. The contract is scheduled to be completed in four years.

Mr Atul Punj chairman of Punj Lloyd said that “This is a significant win which has opened new avenues for the Group in the booming nuclear power sector. With the government’s ambitious nuclear power target of achieving 63,000 MW by 2032, the sector in India is poised for robust growth in the future. This contract will place us in the select league of EPC contractors having nuclear power project execution capabilities, strengthening our position both nationally and internationally.”

With this latest contract, the order backlog for the Punj Lloyd Group on a consolidated basis has gone up to INR 24, 373 crore. This is the total value of unexecuted orders as on March 31st 2011 and new orders received after that day.