Corporate News     08-Apr-13
Aegis commissions phase 1 of bulk liquid terminal at Haldia
To increase liquid storage capacity by 1500 KL
Aegis Group has announced the successful phase 1 commissioning of the bulk liquid terminal located at Haldia.

The capacity expansion at Haldia is a Greenfield Project to set up bulk liquid terminal with 19 tanks totaling to the storage capacity of 60,190 KL. Now with phase 1 commissioning, 5 tanks will be operational and will have a storage capacity of 15,100 KL. The company is now confident to commission the balance capacity by Q1 FY14. The new terminal shall store and handle liquid cargo, furnace oil, lube oil, etc.

With this new capacity at Haldia, Aegis Group will be handling liquid volumes of over 2.5 million MT and gas volumes of over 750,000 MT.

The expanded facilities at the Eastern Port should enable it to expand its horizons by catering to market of North-East and Eastern States as well as opportunity to handle products for neighboring countries, viz. Bangladesh, Nepal, etc.

The company made this announcement during the trading hours today, 08 April 2013.

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