AVTL is set to develop a groundbreaking brownfield ammonia terminal at its existing Pipavav location, marking a significant milestone as India’s first independent ammonia storage terminal. The facility is strategically positioned to serve the country’s extensive fertiliser market while supporting the broader energy transition agenda.
The terminal represents a crucial addition to India’s industrial infrastructure, designed to facilitate ammonia imports for the domestic fertiliser industry. Beyond its traditional applications, ammonia serves as a key carrier for hydrogen and has been identified as an important component in the global energy transition. The facility will be equipped to support future green ammonia exports, aligning with strategic objectives to accelerate infrastructure development for sustainable energy solutions.
The terminal is being developed as a third-party, independent storage facility with a storage capacity of approximately 36,000 metric tonnes. The project is expected to reach commissioning by the end of 2026, providing customers with direct access to the global ammonia market through this dedicated infrastructure.
AVTL will fully fund the project with a total investment of approximately EUR 53 million (INR 5.3 billion). This significant investment follows the company’s recent successful completion of an initial public offering (IPO), strengthening its financial position for strategic expansion projects.
Strategic Partnership and Global Context
Vopak, a global leader in tank storage solutions, holds a 42.23 percent shareholding in AVTL. This partnership aligns with Vopak’s global growth strategy, which focuses on industrial and gas infrastructure development, particularly infrastructure essential for the energy transition. The collaboration leverages Vopak’s extensive experience in ammonia storage, with the company currently operating six ammonia storage locations within its global network.
Company Profile and Market Position
AVTL operates as a publicly listed company and holds the distinction of being India’s largest third-party owner and operator of tank storage terminals for liquefied petroleum gas and liquid products, based on storage capacity as of December 31, 2024, according to a CRISIL Report. The company, along with its subsidiaries, maintains and operates an extensive network of storage tank terminals for LPG and chemicals across six Indian ports, establishing a strong foundation for this ambitious ammonia terminal project.
The Pipavav ammonia terminal project represents a significant step forward in India’s industrial infrastructure development, positioning the country to better serve its domestic fertiliser needs while preparing for future opportunities in the green ammonia export market.
For more information visit www.vopak.com
