Gandhar Oil Refinery (India) Limited, an oil manufacturing firm, entered into a non-binding Memorandum of Understanding (MoU) with the Jawaharlal Nehru Port Authority (JNPA). The collaboration aims to develop a state-of-the-art terminal at Vadhvan Port for handling a variety of cargo, including containers, bulk, and liquid goods.
Comprehensive Infrastructure Development
The project envisions creating robust infrastructure at Vadhvan Port, focusing on enhancing marine services, intermodal connectivity, and the overall ecosystem’s sustainability. Key features of the development include the implementation of advanced digital solutions, strong IT infrastructure, and initiatives for manpower training and skill development.
Estimated Investment and Timeline
The estimated investment for the terminal development is approximately ₹1,000 crore. The project will begin in 2030, after the transparent competitive bidding process is successfully completed. Once the authorities accept the bid, they will sign a binding MoU or definitive agreement to formalize the partnership.
A Vision for Growth and Sustainability
The collaboration between Gandhar Oil Refinery and JNPA is a significant step toward strengthening India’s port infrastructure. It aims to boost cargo handling capacity and promote sustainable business practices in the logistics sector. As reported by psuconnect.in, the initiative reflects both companies’ commitment to driving growth. It also emphasizes creating value through innovation and operational excellence.
