Year 2008

4 December 2008
Thorium Power Ltd and Punj Lloyd Group sign Memorandum of Understanding

10 November 2008
Punj Lloyd Group subsidiary enters into a 49:51 joint venture with Dayim AI-Haditha for Saudi Arabia

23 October 2008
Punj Lloyd Group reports revenue growth of 69% and net profit growth of 72% in the H1 FY2009.

23 September 2008
Punj Lloyd secures USD 800 million prestigious contract in Qatar

22 September 2008
Punj Lloyd Upstream bags first drilling contract in Libya

29 July 2008
Punj Lloyd Group reports revenue growth of 88.90 percent and net profit growth of 88.01 percent in the first quarter of FY2009

03 July 2008
Punj Lloyd awarded its single largest order for power worth Rs 1005 crores (US$ 251.25 million)

18 June 2008
Punj Lloyd signs an agreement to divest interests in its ISP division to Shyam Group and Spanco JV

06 June 2008
Punj Lloyd bags Rs 649 Crore (US$151.28 million) contract from Indian Oil Corporation for its Barauni Refinery

05 June 2008
Punj Lloyd Inks Pact with ST Kinetics for Defence Equipment Manufacture

03 June 2008
Punj Lloyd acquires 74% stake in Technodyne International, UK

30 May 2008
Punj Lloyd Group records Rs. 78,711 million (US$1,966.79 million) in revenue and Rs 3,600 million (US$89.95 million) in net profit for FY 2008

07 March 2008
Punj Lloyd led Consortium awarded the largest pipeline project in Malaysia worth US$ 500 million (Rs 2015 crores)

14 February 2008
Punj Lloyd Group awarded S$400 Million (INR 1119.2 crore) Project by Marina Bay Sands Pte Ltd, Singapore

31 January 2008
Punj Lloyd Group reports revenue growth of 50.33 percent and net profit growth of 92.16 percent in the third quarter of FY2008