Dayim Punj Lloyd, a JV between the Punj Lloyd and his royal highness prince Khalid Bin Bandar Bin Sultan (KBS), Kingdom of Saudi Arabia, today announced winning a contract worth Rs 1210 crore (US $ 246.8 million) for engineering, procurement and construction of port tank farm of the Jubail Export Refinery Project in Saudi Arabia.

The project has been awarded by Saudi Arabian Oil Company (Saudi Aramco) and Total of France, the port tank farm project forms an important link of the refinery which will process 400000 BPD of Arabian Heavy Crude Oil to produce gasoline, diesel, jet fuel, petroleum coke, fuel oil, liquid sulphur and aromatic products for exports, domestic consumption or further processing.

The scope of work for the project includes complete engineering, procurement and construction of the port tank farm comprising facilities such as tank farm and vapour recovery system, transfer pipelines, air and sewer system, emergency diesel generator, port operation building and loading facilities.

It should be noted that Punj Lloyd has 49% stake in JV company Dayim Punj Lloyd, that was formed in May 2006.

With this, the order backlog of Punj Lloyd Group on a consolidated basis has gone to Rs 24.532 crore, which includes unexecuted orders as well as news orders received till date.