Punj Lloyd’s wholly owned division, Sembawang Engineers and Constructors has won a turnkey deal valued at Rs 17.70 billion for engineering, procurement and construction (EPC) work at the new mega aromatics plant in Singapore, by Jurong Aromatics Corporation.

Under the deal, Sembawang E&C will look after engineering, procurement and construction of all the subsidiary plants together with the intermediary and finished product tenkage, receiving and exporting jetties, power and steam co-generation plant, waste water treatment unit and other utilities and infrastructure.

The work on the complex would begin in 2008, which is likely to be finished within next three years (2011).

The new plant will have total capacity of around 1.5 million tonne of aromatics including 800,000 tonne of para-xylene, 200,000 tonne of ortho-xylene and 450,000 tonne of benzane plus 2.5 million tonne of petroleum products.

Alwyn Bowden, president and CEO, Sembawang E&C, said: "We are delighted by the award and to be involved in the engineering and construction of this aromatics facility, which will be one of the largest, privately-owned petrochemical projects in Singapore and the region. Being selected for the project by an international consortium like JAC is testament to our expertise and capabilities in delivering world-class EPC work on sophisticated industrial plants and infrastructure projects."

Punj Lloyd (PLL) is the India’s second biggest engineering and construction companies and a worldwide EPC services provider in energy and infrastructure domains. It has registered amazing performance for the first six months of the existing fiscal. It recorded consolidated income of Rs 33,426.6 million for the first half as compared to Rs 20,225.5 million in the corresponding period of the last year.

Yesterday, the company’s shares ended at Rs 527.50 after making a gain of Rs 29.10 on the Bombay Stock Exchange (BSE).