AVTL to develop new €170-MM LPG terminal at the JNPA port in Mumbai, India
8/8/2025
In India, AVTL announced a positive final investment decision to build a greenfield terminal for 132,000 m3 of LPG and 318,000 m3 of liquid products and a LPG bottling plant of 35,000-t capacity in the JNPA port in Mumbai. This is AVTL's second terminal in the JNPA port which will help grow its market share in servicing a highly industrialized and fast growing hinterland of West and central regions in India. The terminal is expected to be commissioned in phases starting mid 2026.
The full investment amount of €170 MM, of which the Vopak share is €70 MM, will be funded by AVTL.
Vopak is a 42.23% shareholder in AVTL. Vopak's global growth strategy includes industrial and gas infrastructure and infrastructure needed for the energy transition.
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