PSL Announces Recent Contract Awards

PSL Ltd. has won several onshore and offshore pipeline project orders valued at Rs 1045 Crores in the month of April. The contracts include:

--Rs 700 Crores in onshore gas pipeline orders for the supply of pipes for GSPL's Gas Grid and export orders from Iran and Malaysia
--Approximately Rs 175 Crores in orders for offshore pipeline-related services from M/s Allseas and NPCC—two leading turnkey offshore construction companies operating in the region
--Miscellaneous orders totaling approximately Rs 170 Crores to supply equipment and pipe exports during April 2007.