Punj bagsRs 264-cr Sikkim airport deal

Delhi based infrastructure major Punj Llyod has won a Rs 264-crore contract to build Sikkim’s first airport in Pakyong district, reports HT Correspondent.

Updated on: May 19, 2009, 23:05:15 IST

Hindustan Times | By HT Correspondent, New Delhi

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Delhi based infrastructure major Punj Llyod has won a Rs 264-crore contract to build Sikkim’s first airport in Pakyong district.

The project is likely to be completed in the next 30 months and the group will construct both the airside, including the runway and terminal building, as well as the city side of the airport.

“We are present in several verticals of the infrastructure sector and airport construction is one area that we would like to be present. We are also bidding for upcoming airports in Oman and Saudi Arabia,” said Atul Punj, chairman, Punj Lloyd group on Tuesday.

The company is also looking for partners to form a joint venture to build nuclear power plants. It already has one joint venture with U.S.-based Thorium Power.

The company is currently bidding for projects worth $8-9 billion.

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