AVTL to develop ammonia terminal in Pipavav

Core Insights - AVTL is set to develop India's first independent ammonia storage terminal at Pipavav, enhancing the country's ammonia import capabilities and supporting the fertilizer market [1][2] - The terminal will also play a crucial role in the energy transition by facilitating green ammonia exports in the future [2] - The project involves a total investment of approximately EUR 53 million (INR 5.3 billion), fully funded by AVTL [4] Company Overview - AVTL is the largest Indian third-party owner and operator of tank storage terminals for liquefied petroleum gas and liquid products, with a network across six Indian ports [6] - Vopak holds a 42.23% stake in AVTL, aligning with its global growth strategy focused on industrial and gas infrastructure [5] Terminal Specifications - The ammonia terminal will have a storage capacity of around 36,000 metric tons and is expected to be commissioned by the end of 2026 [3] - The facility is designed as a third-party, independent storage solution, connecting customers to the global ammonia market [3]