Aegis Logistics inks pact with Aegis Vopak Terminals
The company will receive the sum of Rs 502.50 crore from AVTL upon execution of the agreement
Aegis Logistics has executed a framework agreement with its associate company -- Aegis Vopak Terminals (AVTL). Under the agreement, the company will construct and develop Greenfield Terminal consist of 77,286 MT LPG storage capacity, 318,100 cbm Liquid Products storage and LPG Bottling Plant of 35,000 MTPA capacity (J2 Project) at Jawaharlal Nehru Port (JNPA) which will be acquired by AVTL. The company will receive the sum of Rs 502.50 crore from AVTL upon execution of the agreement.
Aegis Logistics is India’s leading integrated Oil, Gas & Chemical Logistics company and one of India’s top Importers and Handlers of LPG amongst private players.
