Aegis is expected to invest around Rs 180- 200 crore (USD 38-43 mln) to set up the terminals.
“On an average, each import terminal, with a capacity to handle petroleum and chemicals, would cost around Rs 60 crore (USD 13 mln), said Anish Chandaria, managing director and chief executive officer of Aegis.
Of the proposed three terminals, one will come up at Haldia Port in West Bengal where the Calcutta Port Trust has allotted land, he said. “For the remaining two, we are in talks with various ports,” he said without disclosing further details about the locations.
However, according to market sources, Aegis is looking to set up import terminals in Mangalore and Chennai ports as the company is in shortage for import terminals on the east cost.
Aegis, at present, is operating two import terminals in Mumbai and Cochin to handle petroleum and chemicals. In Mumbai, the company has a capacity of 272,000 m3 for products like A,B and C class chemicals, petroleum products and liquefied gases. In Kochi, its capacity stands at 51,000 m3. The company’s customers include Reliance and government-owned oil market companies Bharat Petroleum and Hindustan Petroleum.