Aegis Vopak Terminals Limited was incorporated as ‘Aegis LPG Logistics (Pipavav) Limited’, a public limited company under the provisions of the Companies Act, 1956, pursuant to a certificate of incorporation dated May 28, 2013, issued by the RoC and received a certificate for commencement of business dated June 20, 2013 from the RoC. Subsequently, pursuant to a resolution passed by its Board on July 29, 2021, and by its Shareholders on August 6, 2021, the name of the Company was changed from ‘Aegis LPG Logistics (Pipavav) Limited’ to ‘Aegis Vopak Terminals Limited’ and a fresh certificate of incorporation consequent to the change in name of the Company was issued by the RoC on August 23, 2021.

The company builds, owns and operates a network of storage tank terminals and offer secure storage facilities and associated infrastructure for liquids such as petroleum, vegetable oil, lubricants, and various categories of chemicals and gases such as liquified petroleum gas (LPG), propane and butane. It owns and operates a network of storage tank terminals having an aggregate storage capacity of approximately 1.50 million cubic meters for liquid products and 70,800 metric tons (MT) of static capacity for LPG as of December 31, 2024, and offer secure storage facilities and associated infrastructure for liquids such as petroleum, vegetable oil, lubricants, and various categories of chemicals and gases such as LPG (including propane and butane

In terms of storage of liquid products, it is the largest third-party tank storage company in India, contributing to approximately 25.53% of India’s third-party liquid storage capacity as of December 31, 2024. As of December 31, 2024, the company has a diversified network of terminals spread strategically across five key ports in operation on the West and East coast of India. At these terminals, it owns and operates facilities for different functions including product storage tanks, firefighting facilities, self-owned pipelines connected to jetty, ship loading and unloading infrastructure, as well as infrastructure for product evacuation by ship, rail, road and pipelines.

Business of the company

The company is the largest Indian third-party owner and operator of tank storage terminals for LPG and liquid products in terms of storage capacity.

Awards, accreditations or recognitions

2023: Received recognition for handling highest quantity of liquid bulk cargo in the Financial Year 2022-23 from the Deendayal Port Authority.

History and milestones

• 2022: Acquisition of CRL Terminals Private Limited by the Company.
• 2022: Acquisition of four liquid terminals of M/S Viking Lighterage and Cargo Handlers Private Limited, Friends Bulk Handlers Limited and Friends Salt Works and Allied Industries Limited at Kandla port with cumulative capacity of 545,713 cubic meters.
• 2023: Brownfield expansion of Haldia liquid terminal by 51,050 cubic meters for additional storage capacity.
• 2024: Acquisition of liquid terminal from Ruchi Infrastructure Limited at Kochi port with cumulative capacity of 15,000 cubic meters.
• 2024: Acquisition of liquid terminal from Nadella Agrotech Private Limited at Mangalore port with cumulative capacity of 44,170 cubic meters.
• 2024: Brownfield expansion of Pipavav LPG terminal by 3,800 metric tonnes for additional storage capacity.
• 2024: Brownfield expansion of Kandla liquid terminal by 27,744 cubic meters for additional storage capacity.
• 2024: Brownfield expansion of Kochi liquid terminal by 16,175 cubic meters for additional storage capacity.
• 2024: Established the Kandla bottling plant.
• 2024: Brownfield expansion of Mangalore liquid terminal by 74,390 cubic meters for additional storage capacity.
• 2025: Acquisition of liquid terminal from Sea Lord Containers Limited with cumulative capacity of 74,390 cubic meters.
• 2025: Acquisition of liquid terminal from Sea Lord Containers Limited with cumulative capacity of 104,750 cubic meters.