AVTL to develop ammonia terminal in Pipavav
Published by Emilie Grant,
Editorial Assistant
World Fertilizer,
In India, AVTL, will develop a brownfield ammonia terminal at the existing Pipavav location. The terminal will be the first independent ammonia storage terminal in India.
The terminal will facilitate ammonia imports, serving the extensive fertilizer market. Next to the usage in the fertilizer industry, ammonia is a key carrier for hydrogen and identified as an important product in the energy transition. The terminal will support green ammonia exports in the future, this ties in with the strategy to accelerate towards infrastructure for the energy transition.
The terminal is designed as a third-party, independent storage facility with a storage capacity of around 36 000 t and is expected to be commissioned by the end of 2026. Its customers will have the benefit of being connected to the global ammonia market.
The total investment of approximately €53 million (INR 5.3 billion) will be fully funded by AVTL.
AVTL has recently completed an IPO.
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. Currently, Vopak has six ammonia storage locations within its global network.
Read the article online at: https://www.worldfertilizer.com/nitrogen/20062025/avtl-to-develop-ammonia-terminal-in-pipavav/
