Tuesday, April 18, 2017

Punj Lloyd wins $48m Saudi refinery project

Punj Lloyd, an engineering and construction group in India, said it has secured an EPC contract worth ₹3.12 billion ($47 million) from Yanbu Aramco Sinopec Refining Company (Yasref) for its project in Yanbu region of Saudi Arabia.

The ‘Clean Fuels Interfacing Facilities Project’ has been awarded to the group's subsidiary, Dayim Punj Lloyd.

The project objective is to interface Yasref with the Aramco Yanbu Refinery to supply low sulphur clean transportation fuel - diesel and gasoline - for domestic distribution, said the company in a statement.

In addition, the pipeline system will also contain provision to transport Yasref refined products to the western regional pipeline hub, it stated.

Dayim Punj Lloyd’s scope of work includes construction of two new pipeline systems (30” x 7 km each) for diesel and gasoline; a dedicated custody metering system for each refined product; a new analyzer to be installed inside Yanbu Refinery; a new Red/Green dye injection for gasoline to be installed in the Yanbu Refinery premises within the new line from Yasref to Yanbu Refinery’s gasoline tanks and modification of three existing kerosene tanks inside Yanbu Refinery by installation of internal floating roofs in order to adequately receive Yasref

Also it will work on the extension of existing SIH Control to house the DCS/ PLC panels and to be equipped with HVAC (heating, ventilation and air-conditioning).

As part of the deal, Dayim Punj Lloyd will also carry out associated civil and structural, firefighting, E&I (Electrical & Instrumentation) and automation work.

On the contract win, Punj Lloyd director, Atul Jain​ said: “This is the third contract by Yasref to Dayim Punj Lloyd which is reflective of the strong partnership that has been formed between Yasref and Punj Lloyd, focusing on quality, safety and successful delivery of projects."

Prior to this contract, Punj Lloyd had successfully completed the Offsite Pipeline Package and is due to complete the pipeline relocation.

With this order, the group’s order backlog stands at ₹199.2 billion ($2.9 billion). The order backlog is the value of unexecuted orders on December 31, 2016 plus new orders received after that date.-TradeArabia News Service

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