Kakinada Gateway Port Limited (KGPL), a subsidiary of the Auro Group, has signed a Memorandum of Understanding (MoU) with Sravan Shipping Services Pvt Ltd for the development of an integrated liquid storage tank farm facility at the port.
The MoU was exchanged between KGPL Managing Director & CEO Ram Reddy Ojili and Sravan Shipping Services Managing Director Sambasiva Rao in the presence of senior officials from both organisations.
The proposed project involves the development of multiple liquid storage tank farms with an estimated cargo handling capacity of around 1 million tonnes per annum (MTPA). The facility is expected to cater to a wide range of liquid cargoes, including chemicals, solvents, petrochemical products and other allied commodities.
Under the agreement, KGPL will provide the required land on a lease basis and develop a dedicated liquid cargo berth with a draft ranging from 14 to 18 metres to facilitate efficient marine operations and vessel handling.
The partnership is aimed at strengthening Kakinada’s position as a key maritime and industrial gateway on India’s east coast. It is also expected to significantly enhance the region’s liquid cargo infrastructure, improve supply chain efficiency, generate employment opportunities and attract further industrial investments.
Both companies stated that the collaboration reflects their shared commitment to developing long-term logistics and port-led infrastructure solutions that support international trade and industrial growth.
With this initiative, Kakinada Gateway Port continues to expand its capabilities as a strategic hub for bulk, breakbulk, liquid, LNG, LPG and offshore cargo operations, further reinforcing its role in India’s growing maritime economy.