Aegis Vopak Terminals (AVTL), a strategic joint venture between Aegis Logistics Limited India and Royal Vopak is to develop an ammonia terminal in Pipavav, India. The terminal will be the first independent ammonia storage terminal in India.
The brownfield terminal will facilitate ammonia imports, serving the extensive fertiliser market. As well as its usage in the fertiliser industry, ammonia is a key carrier for hydrogen and has been identified as an important product in the energy transition. The terminal will support green ammonia exports in the future, this ties in with the strategy to accelerate towards infrastructure for the energy transition.
The terminal is designed as a third-party, independent storage facility with a storage capacity of around 36,000 tonnes and is expected to be commissioned by the end of 2026. Its customers will have the benefit of being connected to the global ammonia market.
The total investment of approximately €53 million (INR 5.3 billion) will be fully funded by AVTL, which has recently completed an IPO.
