Deendayal Port Authority to Develop New Oil Jetties for Liquid Cargo Handling
Key Ideas
- Deendayal Port Authority in India plans to build three new oil jetties on a PPP basis to enhance liquid cargo handling capacity.
- The proposed oil jetties are strategically located near areas earmarked for green hydrogen plants, hinting at possible future collaborations.
- The project aims to bridge the demand-supply gap for liquid cargo handling and attract private investments in the port's infrastructure.
- The development of these oil jetties showcases a proactive approach by the port authority to meet rising demands and tap into new opportunities like green fuels.
The Deendayal Port Authority in Mumbai, India, is set to develop three new oil jetties on a public-private partnership basis to bolster the port's liquid cargo handling capacity. These jetties, expected to handle non-crude liquid cargo, will be constructed with private funds totaling Rs632 crores. The strategic location of these proposed oil jetties near the earmarked area for green hydrogen plants indicates a potential future collaboration for bunkering green fuels. The project aims to address the increasing demand for liquid cargo handling and attract investments from the private sector. By developing these oil jetties, the port authority is taking proactive steps to prepare for future demands and capitalize on emerging opportunities like green hydrogen and green ammonia. With environmental clearances in place and the necessary infrastructure development progressing rapidly, the project is poised to enhance the port's capacity and contribute to the overall growth of liquid cargo handling in the region.
Topics
India
Green Hydrogen
Investment
Infrastructure Development
Public-private Partnership
Port Authority
PPP Mode
Liquid Cargo Handling
Liquid Cargo Capacity
Latest News