AVTL has taken a positive final investment decision to develop a new greenfield terminal at Jawaharlal Nehru Port Authority (JNPA) in Mumbai, featuring a 132,000 cbm LPG storage facility, 318,000 cbm of liquid product storage, and a 35,000 MT LPG bottling plant.
This strategic expansion, backed by a €170 million investment, marks AVTL’s second terminal at JNPA and is set to boost its market share in India’s rapidly industrializing western and central regions.
Large-Scale Investment for Strategic Growth
The project will be commissioned in phases beginning mid-2026. Of the €170 million total investment, Vopak—holding a 42.23% stake in AVTL will contribute €70 million.
The funding will be fully provided by AVTL, which recently completed an IPO to strengthen its capital position. By increasing storage and handling capacity, AVTL aims to meet rising demand for LPG and liquid products in one of India’s most dynamic economic corridors.
Synergy with Vopak’s Global Energy Transition Strategy
As the largest Indian third-party owner and operator of LPG and liquid product storage terminals, AVTL’s growth aligns with Vopak’s broader strategic focus on industrial and gas infrastructure, as well as infrastructure that supports the energy transition.
Vopak’s global portfolio includes facilities for hydrogen, ammonia, CO₂, battery energy storage systems, and low-carbon fuels. The new Mumbai terminal reflects a shared vision to enhance supply chain resilience while enabling sustainable energy solutions.
AVTL’s second terminal at JNPA is set to become a critical hub for energy and industrial products in western and central India. With strong backing from Vopak and a phased rollout beginning in 2026, the project underscores a commitment to capacity expansion, supply security, and long-term participation in India’s energy transition.
Did you subscribe to our daily Newsletter?
It’s Free Click here to Subscribe!
Source: Vopak
