IL&FS Prime Tank Terminals, UAE
Status : Monetised by way of stake sale
IL&FS Prime Tank Terminals (IPTT) is developing a state-of-the-art Liquid Storage Tank Terminal for various grades of petroleum products at Fujairah, U.A.E. Of the aggregate capacity of 773,737 cbm, Phase I with storage capacity of 333,481 cbm is operational and Phase II is under development. This is the only 'green terminal' in Fujairah with initiatives for usage of renewable energy being implemented, and a hill slope afforested with diverse flora. IPTT is consistently the top rated terminal by Port of Fujairah for its operational efficiency such as the fast turnaround of vessels. The terminal has IMS accreditation that includes ISO 9001:2015, ISO 14001:2015 and OHSAS 18001:2007. It has an accident-free record. The Maritime vertical of IL&FS, IMICL is a developer and sponsor of maritime and logistics assets.