Aegis commissions Phase I of bulk liquid terminal at Haldia

Total capacity expansion at Haldia involves setting up of a bulk liquid terminal with 19 tanks totalling storage capacity of 60,190 kl

Aegis Group today said it has commissioned the first phase of its new bulk liquid terminal in Haldia having storage capacity of 15,100 kl (kilolitre).

The total capacity expansion (a greenfield project) at Haldia involves setting up of a bulk liquid terminal with 19 tanks totalling storage capacity of 60,190 kl, the company said.

"Now with Phase I commissioning, five tanks will be operational and will have a storage capacity of 15,100 kl," the company said in a statement.

With this new capacity, Aegis Logistics will handle liquid volumes of over 2.5 million tonnes (MT) and gas volumes of over 750,000 MT.

"The expanded facilities at the Eastern port shall enable the company to expand its horizons by catering to market of North-East and Eastern states as well as opportunity to handle products for neighbouring countries," the statement said.

Aegis Group has exuded confidence that the balance capacity of the Haldia terminal will be commissioned by the first quarter of the ongoing fiscal, it added.

"The new project shall be a step towards company's strategy of building a necklace of port terminal around India's coast line from Pipavav to Kochi to Haldia, inland oil terminals on a build, own, operate, basis to service the national oil companies and developing a retail distribution network for the LPG business," the statement said.