APM Terminals Pipavav to set up new liquid berth at $90 Mn
PIPAVAV : APM Terminal Pipavav is setting up a new liquid berth at the Port at an investment of around US $ 90 million. Currently, the port has the capacity to handle 2 MMT of liquid bulk. With the new berth, the liquid bulk handling capacity of the port will increase to 5.2 MMT. The capex announced is in line with the port’s objective of contributing to the growth of India’s logistics infrastructure, bolstering connectivity to the northwest hinterlands, and better serve the customers by providing end to end solution.
This expansion is expected to have a positive impact on the economy of the state of Gujarat by boosting trade and commerce. It is also a clear demonstration of port’s unwavering dedication to enhancing the logistics infrastructure of the country. The setting up of the new berth will be subject to necessary regulatory and other approvals.
The Port’s LPG handling capacity expansion comes at a time when the country’s households are moving to LPG following the success of PM’s flagship program ‘Pradhan Mantri Ujjwala Yojana (PMUY). The LPG consumer base has increased substantially over the past few years. APM Terminals Pipavav is one of the few ports in India that has LPG rail siding within the port that can accommodate full train carrying approx. 1200 MT of LPG cargo.