Punj Lloyd bags Rs 312 cr contract from Saudi Aramco-Sinopec JV

Punj Lloyd has received an EPC (engineering, procurement and construction) contract worth Rs 312 crores from Yanbu Aramco Sinopec Refining Company Ltd (YASREF) for a project in Yanbu, Saudi Arabia. YASREF is a joint venture between Saudi Aramco and China Petrochemical Corporation (Sinopec).

The contract was awarded to Dayim Punj Lloyd Construction Contracting Company Ltd, a Punj Lloyd subsidiary, on a LSTK (lump-sum turnkey) basis for the clean fuels interfacing facilities project.

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. In addition, the