Aegis Vopak Terminals Limited and Aegis Logistics Limited have signed a Framework Agreement to develop a new Greenfield terminal at Jawaharlal Nehru Port (JNPA). The deal covers major LPG and liquid product storage capacities, with a transaction value of ₹5,02.5 crore, marking an arm’s length related-party transaction aimed at expanding infrastructure.
Aegis Vopak Terminals Limited (AVTL) and Aegis Logistics Limited (ALL) officially entered into a Framework Agreement on November 5, 2025, for the development of a significant Greenfield terminal project at Jawaharlal Nehru Port (JNPA). The project includes an advanced LPG storage terminal (77,286 MT capacity), a liquid products facility (318,100 cbm), and an LPG bottling plant (35,000 MT p.a. capacity).
The agreement requires Aegis Vopak to pay a sum of ₹5,02,50,00,000 to Aegis Logistics upon execution of the framework. The transaction, structured on an arm’s length basis, aligns with regulatory guidelines and strengthens operational synergies within the group. After project completion, an asset transfer agreement will be executed between the parties.
Key Highlights
-
Framework Agreement signed November 5, 2025, between AVTL and ALL for a Greenfield terminal at JNPA.
-
The facility will boost LPG storage (77,286 MT), liquid products (318,100 cbm), and include a bottling plant (35,000 MT pa).
-
AVTL to pay ₹5,02,50,00,000 to ALL for project execution per agreement terms.
-
Transaction classified as a related-party deal but executed at arm’s length, complying with SEBI regulations.
-
The partnership reinforces capacity at JNPA, supporting India’s energy and industrial supply chain expansion.
Sources: Official BSE disclosure, NSE disclosure, Aegis Vopak Terminals Limited, Aegis Logistics Limited, Business Standard