AVTL Expands Operations with New Terminal at JNPA Port

AVTL Expands Operations with New Terminal at JNPA Port

AVTL has officially announced plans to enhance its operational capacity by developing a state-of-the-art terminal at the JNPA port. This new terminal is poised to handle an impressive volume of 132,000 cubic meters of liquefied petroleum gas (LPG) along with 318,000 cubic meters of various liquid products. Additionally, it will feature a bottling plant capable of processing 35,000 metric tons of LPG, showcasing AVTL's commitment to meeting the growing demands in the energy sector.

Strategic Investment and Future Plans

The project represents a significant investment of EUR 170 million, which underscores AVTL’s strategic plans to increase its market presence within India. Notably, Vopak, a key partner, will contribute EUR 70 million to this venture. By building this second terminal in JNPA, AVTL aims to expand its footprint and serve the rapidly industrializing regions of western and central India more effectively. Deployment of the terminal is scheduled to take place in phases, commencing in mid-2026, ensuring a streamlined rollout of services to meet market demands.

Partnership with Vopak

Vopak holds a 42.23% stake in AVTL, reflecting a robust partnership aimed at fostering growth amidst evolving market dynamics. Both companies share a vision of enhancing industrial and gas infrastructure in India while also supporting the global energy transition. Through this collaboration, AVTL and Vopak are well-positioned to leverage their strengths and expertise to foster innovative solutions in the liquid storage and distribution sector.

About AVTL

AVTL, recognized as India's leading third-party operator of tank storage terminals, boasts a diverse operational network across six pivotal ports. The company's expertise encompasses the storage of liquefied petroleum gas and various liquid products, making it an essential player in the energy supply chain. With a focus on optimizing storage capacity and enhancing operational efficiency, AVTL continues to play a crucial role in the Indian market.

About Royal Vopak

Royal Vopak serves as a global leader in storage and infrastructure solutions, facilitating the flow of vital resources that enrich daily life. With a rich history spanning more than four centuries, Vopak specializes in the storage of liquids and gases that power homes and industries. They are committed to supporting the energy transition through initiatives promoting hydrogen, ammonia, and other sustainable energy solutions. Vopak is headquartered in Rotterdam and is listed on the Euronext Amsterdam stock exchange.

Contact Information

For additional inquiries related to this announcement, interested parties can reach out to AVTL's communications team:

Vopak Press: Liesbeth Lans - Manager External Communication - global.communication@vopak.com

Vopak Analysts and Investors: Fatjona Topciu - Head of Investor Relations - investor.relations@vopak.com

Frequently Asked Questions

What is the significance of the new terminal at JNPA for AVTL?

The new terminal will increase AVTL’s capability to handle LPG and liquid products, enhancing their market presence significantly.

How much is the investment for the new terminal?

The total investment is EUR 170 million, with Vopak contributing EUR 70 million.

When is the new terminal expected to be operational?

The terminal is expected to be commissioned in phases starting mid-2026.

What role does Vopak play in AVTL's operations?

Vopak is a major shareholder in AVTL, holding a 42.23% stake, and collaborates on growth initiatives.

What distinguishes AVTL in the Indian market?

AVTL is the largest third-party operator of tank storage terminals for LPG and liquid products in India, with a substantial operational network.

About The Author

Hello Kelly Martin here, a financial and publicly traded company specialist committed to writing with clarity and sage advice. Having a wealth of experience and a thorough grasp of corporate dynamics and the financial environment, my main goal in writing blog posts and articles is to provide insightful analysis together with useful guidance. My objective is to arm readers with the information they need to comprehend the complexities of publicly traded companies and make wise financial decisions.

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