GVK has entered an agreement with Gujarat government for creating a new LNG importing terminal Okha Madhi in Jamnagar.
GVK is planning to invest around 7,000 crore to develop the LNG terminal, there will be a private coal terminal and Maritime city at Okhamadhi.
GVK already has two LNG terminals at Dahej (Petronet LNG) and Hazira (Shell India and Total).
Essar Bulk Terminals also inked two MoUs totalling over 8,100 crore for jetty expansions, the second agreement deals with expansion of the Salaya jetty which is presently under construction for coal handling.