Punj Lloyd, Limak JV wins Rs 2780 crore pipeline contract in Turkey

Punj Lloyd, Limak JV wins Rs 2780 crore pipeline contract in Turkey

9:27 AM, 1st February 2016
Punj Lloyd, Limak JV wins Rs 2780 crore pipeline contract in Turkey

NEW DELHI, INDIA: Punj Lloyd ltd said that its 50:50 JV with Limak Holding AS has won 459km TANAP gas pipeline project in Turkey worth Rs.2,780 crore ($409 million) awarded by TANAP Dogalgaz Iletim AS.

Punj Lloyd said that its value of the project amounts to Rs1,390 crore ($204 million).

TANAP, The Trans Anatolian Natural Gas Pipeline Project, will be built to transport natural gas emanating from the South Caucasus Pipeline Company (SCPC) pipeline in Georgia and terminating into the Trans Adriatic Pipeline (TAP) in Greece.

Punj Lloyd’s scope of the present project (Lot 4) is the second phase of construction from the new Eskisehir Compressor station to the tie-in point of the Trans Adriatic Pipeline (TAP). The proposed natural gas pipeline is of 48” diameter and 459 km in length. The scope also includes 10 Block Valve Stations, Pigging facility (two within Compressor stations, two at pigging stations) and Tie-ins with Metering Stations.

“This is the second project for Punj Lloyd Limak JV in Turkey. I am confident of executing this pipeline in the given timeframe of 35 months,” said Atul Jain, president and CEO, pipelines & tankage, Punj Lloyd.

In such environmentally sensitive regions, one may need to reinstate rivers, conserve archaeological discoveries, employ innovative waste management practices and conserve and restore ecosystems. Our people are sensitized and trained to achieve this,” he added.

The TANAP project aims to bring natural gas produced from Azerbaijan’s Shah Deniz-2 gas field, and other areas of the Caspian Sea, primarily to Turkey and also on to Europe. The TANAP Project, along with SCP and TAP form the elements of the Southern Gas Corridor.

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