APM Terminals Pipavav innked two Memorandums of Understandings (MOUs) at the Vibrant Gujarat Summit to develop a complete green hydrogen ecosystem and develop port infrastructure.

Girish Aggarwal, Managing Director of APM Terminals Pipavav, said, “APM Terminals Pipavav is committed to the community, environment and to the region. By signing path breaking MOUs predominantly in the capital investment and Green Hydrogen space at the Vibrant Gujarat Summit, we bring together all the parties required to make this a success and reiterate our commitment to the state of Gujarat.”

The focus of latest MOUs will be on initiatives such as the development of the region through investment, Green Hydrogen facilities, utilization of renewable power sources, and infrastructure development, among others.

APM Terminals Pipavav and GMB [Gujarat Maritime Board] signed MOU to facilitate necessary permissions for the construction of Liquid Berth, Container Berth and a Yard, Container Handling Equipment, and Marine Infrastructure Development at Pipavav Port, estimated at the cost of Rs 3,320 crore, thereby creating jobs and economic growth through infrastructure development.

APM Terminals Pipavav and Welspun Group signed an MOU to explore opportunities for the development of Green Hydrogen facilities at land provided by the port. The collaboration will target export/domestic usage through various models.