Gujarat Pipavav Port Limited has been awarded a contract by ONGC for hiring the port and storage facilities at Pipavav Port. The contract spans a period of five years, commencing from 1st October 2025. This arrangement will see the Company provide marine support and storage facilities within the port premises as ONGC establishes its offshore supply base at Pipavav Port.
New Contract Agreement
Gujarat Pipavav Port Limited has secured a contract with ONGC for the provision of port and storage facilities. The agreement, detailed in a letter dated 24th September 2025, outlines the terms for hiring the port facilities at Pipavav Port. The commencement of this contract is scheduled for 1st October 2025, establishing a five-year partnership.
Service Provision
Under the terms of the agreement, Gujarat Pipavav Port will deliver marine support and storage facilities. These services will be situated within the port premises, serving as ONGC establishes its offshore supply base at Pipavav Port.
Source: BSE
