PUNJ LLOYD

HISTORY:

For the large, global player that it is today, Punj Lloyd had a modest start. Atul Punj,
Chairman - Punj Lloyd was the third generation in the Punj family business. He started the
pipeline division of Punj Sons Private Limited in 1982 which was later incorporated as Punj
Lloyd Engineering Private Limited in 1988. The company was rechristened Punj Lloyd
Private Limited in the following year and subsequently became Public Limited in 1992.

From what started with pipelines, grew to constructing tanks & terminals, refineries, power
plants and civil infrastructure.

Punj Lloyd was also quick to spot opportunities in overseas markets and secured its first
overseas contract – Balongan Jakarta Product Pipeline, in Indonesia in 1992. At the time of
the Indonesian crisis, Punj Lloyd stood steadfast when other international companies
retracted. Punj Lloyd soon widened its international operations to Abu Dhabi, Kuwait, Qatar,
Malaysia, Kazakhstan, Bangladesh, among others. This formed the basis for the establishment
of the Group’s regional offices in the Caspian, Middle East and North Africa (MENA), South
East Asia and South Asia.

Punj Lloyd became listed in 2006 and in the same year, Punj Lloyd made another significant
move. It acquired Sembawang Engineers & Constructors in Singapore, one of the largest
engineering and construction groups in Southeast Asia and Simon Carves, the leaders in
polymers and petrochemicals. The energy-packed 2006 also saw the Group enter into strategic
joint venture agreements Dayim in Saudi Arabia for oil & gas and infrastructure and KAEFER
of Germany for insulation.

Growing from strength to strength, the group embarked on a branding initiative in 2006 to
focus on creating a powerful EPC brand that unites global operations and diverse service
offerings. The new logo is based on the idea of synergy - different entities working together to
create a whole that is larger than the sum of its parts.

The Group acquired a significant stake in UK’s Technodyne International in 2008, making it a
complete end-to-end service provider from design to construction in cryogenic LNG tanks. It
has also made inroads into the happening Defence industry with a tie up with Singapore
Technologies Kinetics to manufacture defence equipment for the Indian Army.

From its evolution from a pipeline company to a renowned EPC player to today an over US$
2.4 billion diversified player, also in Defence, Aviation, Upstream and Marine, Punj Lloyd’s
history is dotted with interesting and heartening anecdotes of its rich experiences gained in
different geographies, of people who stood tall to bring it so far, of complexities of its various
diverse projects and the challenges of time.
1988  1989  1992  1993 
The birth of Punj Renamed Punj Becomes Public Gets it first
Lloyd Lloyd Private Limited and wins Middle East
Engineering Limited its first overseas Contract for
Private Limited pipeline contract Field
in Indonesia Development

2005  2004  2002  1999 

1st Thermal EPC Tank Gains entry into 1st Road
Power Plant, Contract in Asia the Caspian with project,
Jindal, India Pacific, Bulk KAM pipeline, Vadodara-Halol
Liquid Terminal, Kazakshtan Tollway, India
Singapore

2006  2007  2008 

-Became a listed Punj Lloyd Acquires 74% in Technodyne
company Upstream Ltd International UK. This design
-Acquires capability will make Punj Lloyd
incorporated in
Singapore- an end-to-end service provider
based April 2007 to in tanks and terminals
Sembawang address the
and Simon opportunities in
Join hands with Singapore
Carves, UK the Integrated Technologies Kinetics for
-Launches new Drilling Services manufacture of defence
brand identity market equipment

INTRODUCTION TO PUNJ LLOYD:

Punj Lloyd provides integrated design, engineering, procurement, construction and project
management services in the energy and infrastructure sectors.

With operations spread across the Middle East, Africa, the Caspian, Asia Pacific and South
Asia, Punj Lloyd provides EPC services in Oil & Gas, Process, Civil Infrastructure, and
Thermal Power.

Further, Punj Lloyd is today a diversified conglomerate, owing to its successful foray into
aviation, defence, upstream, real estate and marine, through its subsidiaries and joint ventures.

The expanding list of satisfied clients reflects our ability to execute challenging projects,
despite all odds. Difficult weather or terrain has been no deterrent to our team which has
delivered consistently and brought accolades to the company. The high percentage of repeat
orders stand testimony to this. We have achieved many milestones and broken many records.

Punj Lloyd was also prompt in exploring the opportunity in the defence sector with its tie-up
with ST Kinetics, Singapore.
As a reflection of our international quality standards, construction and project management
techniques, Punj Lloyd holds ISO 9001:2008, ISO 14001:2004 and OHSAS 18001:2007
certification.

Our ability to manage operations in diverse industries and economies, coupled with our track
record in mobilising financial and human resources, makes us the preferred contractor for
critical projects.

Our large fleet of sophisticated construction equipment, including horizontal directional

drilling rigs and pipe-laying barges, gives us a competitive edge over our competitors. Our
central workshop and equipment maintenance yards in India, Indonesia, Abu Dhabi and
Kazakhstan ensure minimal downtime on all projects. Our multi-skilled, multi-cultural and
highly adaptable workforce is capable of handling multiple complex projects across the
world. 

WORLD WIDE PRESENCE:

Projects around the World:

Argentina, Armenia, Australia, Bahrain, Bangladesh, Belgium, Bulgaria, Brunei, Canada, Chile,
China, Colombia, Cuba, Georgia, Greece, Holland, Kazakhstan, Kuwait, Libya, India, Indonesia,
Ireland, Iran, Korea, Malaysia, Mexico, Myanmar, Nigeria, Oman, Pakistan, Qatar, Russia, Saudi
Arabia, Singapore, Taiwan, Thailand, Turkey, UAE, Ukraine, USA, Vietnam, Yemen,
Yugoslavia, Zaire and Zambia.

The Punj Lloyd Group- comprising Punj Lloyd, Sembawang Engineers and Constructors and
Simon Carves- has international offices spanning five continents. With its strong presence across
Middle East, Caspian, Asia, China and Europe, the group is on track to attain its vision of being
amongst the top five EPC companies in its segment and markets by 2012.

RECENT NEWS:

1. Punj Lloyd Group Won Contact Worth Rs. 1394 crore (S$419 Million) as per the new
release June16, 2010.

Punj Lloyd Group subsidiary, Sembawang Engineers and Constructors (Sembawang), one of the
leading engineering and construction companies in Southeast Asia and MENA (Middle East &
North Africa) region has clinched a major contract worth Rs. 1394 crore (S$419 million) from
Singapore’s landmark integrated resort Resorts World Sentosa , a subsidiary of Genting Group.
The project entails the construction of the Equarius Hotel, a world class spa, beach villas, an
oceanarium, and a water theme park.

2. Punj Lloyd awarded contract from Rajiv Gandhi Institute of Petroleum Technology
Punj Lloyd Group, the diversified global engineering, procurement and construction (EPC)
conglomerate, today announced a prestigious contract win worth Rs. Rs.179.89 crore from Rajiv
Gandhi Institute of Petroleum Technology to construct their technical institute at Jais in Rae
Bareli, U.P.

The scope of work entails civil, structural & associated work including site development for
setting up of Rajiv Gandhi Institute of Petroleum Technology (RGIPT). This involves
construction of 27 buildings consisting of administration and library building, auditorium,
community centre, lecture halls, commercial centre, staff housing facility, hostels and health care
centre over an area of 16 lac sq feet. The order will be executed over a period of 24
months.

Rajiv Gandhi Institute of Petroleum Technology is an autonomous institute set up under an act of
Parliament under Ministry of Petroleum. RGIPT has been accorded the status of being an
‘Institute of National Importance’ along the lines of the Indian Institutes of Technology (IIT).
The Institute is empowered to award degrees in its own right. Once completed, the Institute will
provide world class education, training, and research to roll out efficient human resources to
meet the growing requirements of the petroleum & energy sector.

Punj Lloyd has recently won another prestigious contract to set up a Medical College and Hostel
Complex at AIIMS, Raipur. AIIMS, Raipur will be one of the six referral hospitals on the lines
of AIIMS. The 960-bed hospital will provide healthcare facilities in 39 specialty or super-
specialty disciplines.

FINANCIALS:

Year:2008-09

Particulars Consolidated Amount Stand Alone Amount

Revenue and Income Rs. 11,912 crore Rs. 6,888 crore
Profit After Tax Rs. (224.69) crore Rs. 321.10 crore

TECHNOLOGY:

All Punj Lloyd Group entities are on a unified Oracle ERP platform to provide a ‘single source
of truth’ for all reporting. The software caters to an end to end EPC business model with
sophisticated risk modeling tools, budgets, estimation, project management and project
controls software. To support globally distributed engineering design centres, Punj Lloyd uses
state of the art engineering design software to enable integration across geographies and between
the Company and the client.

LANDMARK PROJECT:
 Sr. Project Name Client’s Description Total
No Name Value
IN RS
. CRORE
1 Strategic Gas Transmission from Ras Qatar EPC and commissioning of Strategic 3,636
Laffan to Messaied, Qatar Petroleum Gas Transmission Project. The
project will transport 2000
MMSCFD1 of sweet lean gas from
Ras Laffan to different consumers
via 36” dia pipelines
2 Execution of Utilities in Souk Al Housing and EPC and commissioning of 2,058
Juma, Tripoli, Libya Infrastructure infrastructure networks, water-
Upgradation of Infrastructure of Board (HIB) sewage-storm water mains and
Arada, an existing township in branch lines, roads and other
Tripoli, Libya facilities

3 2 X 270 MW Govindwal Sahib Coal GVK Power Balance of Plant work and entire 1,005
Fired Thermal Power Plant in Punjab, (Govindwal civil work on EPC basis
India Sahib) Ltd
4 Motor Spirit Quality (MSQ) Indian Oil Residual basic & detailed 649
Upgradation, Barauni Refinery, India Corporation engineering,
Limited / Toyo procurement, construction and
Engineering commissioning
India Limited
5 Parking Facility for Commonwealth Municipal Providing Parking Facility for 304
Games 2010, New Delhi, India Corporation of Commonwealth Games 2010
Delhi

CLIENTS:

For any company, a repeat client is testimony to its capability of delivering quality projects
in the given schedule.

With its commitment to high standards of safety, environment and quality, Punj Lloyd has won
many repeat orders from prestigious clients world-over.

International and Indian energy majors and the best of engineering construction companies have
lauded its standards of health, safety & environment and its ability to beat deadlines even in
impossible terrain and weather conditions.

PFD International LLC, Kazakhstan appreciated Punj Lloyd for “outstanding performance in
Industrial Relations for projects in Kazakhstan”. They described Punj Lloyd as a ‘model
employer among the many international companies working at Tengiz, Kazakhstan’

Delhi Metro Rail Corporation certified that Punj Lloyd maintained good HSE practices during
the execution of the substructure work between Connaught Place and Dwarka and expressed the
desire for Punj Lloyd to uphold the same standard and set an example in the construction
industry in India and around the world in their future projects.

Helios Terminal Corporation has expressed appreciation for the outstanding performance of Punj
Lloyd for its execution of the Bulk Liquid Storage and Blending Facility at Meranti Lane, Jurong
Island, Singapore. “Despite a delayed start due to late shipment of material, you completed the
project ahead of schedule. You maintained high standards of Health, Safety and Environment
Consciousness and Quality control during the execution of the project”.

Horizon Singapore terminal has said in an acknowledgement letter “we have witnessed our
association with Punj Lloyd grow strength to strength. One of the major factors for this is Punj
Lloyd’s commitment to complete its assignments with high quality standards with the utmost
emphasis on safe working practices”

These words from a few of the clients are only reflective of Punj Lloyd’s association with them
and their resolve to serve them better.