Gandhar Oil Signs MoU with JNPA for Potential Collaboration.

Gandhar Oil Refinery (India) Limited has taken a preliminary step towards expanding its infrastructure by signing a non-binding Memorandum of Understanding (MoU) with Jawaharlal Nehru Port Authority (JNPA) on April 21, 2025. The MoU outlines the company's intent to participate in the development of a terminal at the upcoming Vadhvan Port.

The envisioned terminal is designed to handle a diverse range of cargo, including containers, bulk, and liquid commodities. Furthermore, the collaboration aims to establish essential infrastructure to support marine services, enhance intermodal connectivity, and ensure the long-term sustainability of the port ecosystem. This includes the implementation of digital solutions, a robust IT infrastructure, and initiatives for manpower training and skill development.

Gandhar Oil anticipates an estimated investment of approximately ₹1,000 crore for this ambitious project, with operations potentially commencing around the year 2030.

It is important to note that this development is contingent upon Gandhar Oil successfully navigating a transparent competitive bidding process. Following a successful bid, a binding MoU or a definitive agreement will be executed between the two parties at a later stage, solidifying their commitment to this potential collaboration. This initial agreement signals Gandhar Oil's strategic interest in leveraging the opportunities presented by the development of Vadhvan Port.

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