AVTL's Groundbreaking Ammonia Storage Terminal to Boost India's Green Energy Infrastructure
Key Ideas
- AVTL to construct India's first independent ammonia storage terminal with a capacity of 36,000 metric tonnes in Pipavav, Gujarat by 2026.
- The project, valued at €53 million, aligns with India's green fuel objectives and will facilitate ammonia imports for the fertilizer industry and future green ammonia exports.
- India's growing interest in green ammonia is evident with other projects like the Japanese consortium's investment and Hygenco Green Energie's plant construction in Odisha.
- AVTL, a significant player in tank storage terminals, is now publicly listed and aims to enhance its role in the clean energy sector with Vopak's support and expertise.
Aegis Vopak Terminals Limited (AVTL) is set to revolutionize India's ammonia handling infrastructure by establishing the country's inaugural independent ammonia storage terminal in Pipavav, Gujarat. The new terminal, anticipated to be operational by the end of 2026, will be a brownfield project located at AVTL's current site, boasting a storage capacity of approximately 36,000 metric tonnes. Fully funded by AVTL at an estimated cost of €53 million, this initiative signifies a significant step towards enhancing India's clean energy ecosystem. The terminal's strategic positioning aligns with India's ambitious green fuel goals, as outlined in the Harit Sagar Green Port Guidelines, aiming to introduce green ammonia, green hydrogen, and green methanol bunkering facilities at major ports by 2035. This development comes on the heels of increased interest in green ammonia within India, with notable projects like the Japanese consortium's investment endeavor and Hygenco Green Energie's green ammonia plant in Odisha. AVTL's collaboration with Vopak, a global leader in tank storage, further solidifies its position in the clean energy sector. As AVTL transitions into a listed entity, its commitment to expanding infrastructure for clean energy, in line with Vopak's expertise, underscores a promising future for sustainable industrial growth in India's energy landscape.
Topics
Maritime
Green Energy
Infrastructure Development
Investment Opportunities
Fertilizer Industry
Industrial Growth
Decarbonisation Plans
Ammonia Storage
Green Fuel Goals
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