Punj Lloyd to acquire shares of Indonesian Coal Company

Punj Lloyd is a renowned name in coal industry as it specializes in providing EPC services for the complete civil construction and holds expertise in balance of power plant packages. Perhaps the company also offers other ancillary services in terms of developing optimum design for auxiliary packages like coal and ash handling, HVAC, water systems, fire systems, electrical and C&I. 

By route of its subsidiary Sembawang Engineers and Constructors that are based out of Singapore, Punj Lloyd endeavors to acquire 50 per cent stake in a thermal coal mine company in Indonesia. Punj Lloyd coal mine agreement with Indonesian company though has created sensation in the industry yet besides the location i.e. Central Kalimantan, nothing could be ascertained in terms of the deal. However after various attempts, no comment could also be arranged from any official of the company. Nevertheless, Punj Lloyd reviews for a mining firm, based in Barito Utara District of Indonesia was observed where resources of 134 million tonnes and its potential in situ reserves at 57 million tonnes were estimated.

With construction of Jindal plant, Punj Lloyd could have excelled among the leading BOP Solution Providers in India as it was the largest single coal — based power plant in India that was concluded in 10 months. Although as per industry standards, it was proclaimed that such construction was carried on at a five month faster speed. Other landmark project for the 4 X 250MW plant includes civil, structural and architectural work, supply, fabrication, erection of complete steel structures, power house, auxiliary buildings, cooling towers, drainage and roads.

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