Punj Lloyd wins contract for Dabhol - Pipeline Project (DPPL) from GAIL Order Valued at Rs 164.24 crore

New Delhi, July 4, 2006

Punj Lloyd Limited has been awarded the contract for Dabhol - Panvel Pipeline Project (DPPL) from GAIL. The value of the contract is Rs 164.24 crore on EPC basis.

The scope of work broadly involves residual engineering, procurement, installation, testing and commissioning of Panvel-Dabhol 30 dia pipeline system from GAIL's station, installation at Panvel to Dabhol terminal including terminal work, temporary and permanent cathodic protection system, intermediate SV/IP/repeater/tap-off stations, crossings by Horizontal Directional Drilling (H.D.D) and all associated mechanical, civil, structural, electrical, instrumentation work and laying of optical fibre cable, HDPE duct, etc excluding supply of line pipe, which shall be supplied as free issue material by GAIL.

Comprising two parts, the project involves the laying of the 30" dia pipeline in 113 km length from Panvel to upstream of Savitri river crossing in 2 spreads and a length of 74 km from upstream of Savitri river crossing to Dabhol terminal. This pipeline will pass through some of the steepest slopes in the country.

Other facilities include a receipt cum despatch terminal at Dabhol, sectionalising valve stations and intermediate pigging station with a tap-off facility.

fast track project, the scheduled time for completion is within 10 and half months from the date of contract, it is worth mentioning that PLL in the past had bagged part of the Dahej- Pipeline Project from GAIL.

About Punj Lloyd

Punj Lloyd is amongst the largest engineering and construction companies in providing integrated design, engineering, procurement, construction and project management services for energy and infrastructure sector projects with operations spread across many regions in the Middle East, Caspian, Asia Pacific, Africa and South Asia . With a presence in 14 countries, Punj Lloyd has executed as many as 180 projects: onshore and offshore pipelines, cryogenic tanks and terminals, process plants, highways, bridges, railways and infrastructure services, plant & facility management and power plants. The Company has recently acquired a majority stake in SembCorp Engineers & Constructors , a Singapore $ 1 billion company. Punj Lloyd also went in for a JV in Saudi Arabia and will form 'Dayim-Punj Lloyd Engineering Limited'. Further information about the Company is available at www.punjlloyd.com.

For further information, please contact:

Punj Lloyd Ltd.

Ms. Bhavna Dayal - 011 26200158 | [email protected]

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Mr. Kunal Takalkar +919810073217 | [email protected] Mr. Saurabh Saxena +919810033370 | [email protected]