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AVTL to Build New Liquid Products Terminal at JNPA Port, Mumbai

AVTL, the largest Indian third-party owner and operator of tank storage terminals for liquefied petroleum gas, has announced a positive final investment decision to build a greenfield terminal for 132,000 cbm LPG and 318,000 cbm liquid products and a LPG bottling plant of 35,000MT 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 company said.

The full investment amount of EUR 170 million will be funded by AVTL. Vopak is a 42.23% shareholder in AVTL and will invest EUR 70 million in the project.

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