Gandhar Oil Refinery Proposes ₹10 Bn Investment, Signs MoU for Vadhvan Port Upgradation

Gandhar Oil Refinery (India) Ltd declared an investment of ₹10 billion, to start in 2030, in increasing its refining capacity and facilities. The firm also signed an MoU with Jawaharlal Nehru Port Authority (JNPA) to promote the development of Vadhvan Port, adding strength to its commitment towards the efficiency of trade and logistics.

 

Key Highlights:

✅ ₹10 Billion Investment: Gandhar Oil Refinery is looking to upgrade production capacity, with an emphasis on green refining technologies.

✅ Vadhvan Port MoU: The Memorandum of Understanding with JNPA will look to optimize logistics, ensuring seamless crude oil imports and exports.

✅ Market Expansion: The firm is emerging as a dominant player in India's refining industry, capitalizing on strategic alliances.

✅ Government Collaboration: The project is in sync with India's infrastructure development plans, complementing energy security and industrial growth.

✅ Future Outlook: Analysts are estimating robust revenue growth, with Gandhar Oil widening its market footprint across the world.

 

Through these strategic efforts, Gandhar Oil Refinery is set to expand in the long term, consolidating its position in India's energy space.

 

Source: Gandhar Oil Investor Relations, Screener, Trendlyne