Adani Ports and JM Baxi Group jointly bid for station construction

Adani Ports and SEZ, a JM Baxi Group company, and a joint venture of SKN Terminal Haryana City Gas bid to invest in land to operate a private freight terminal or multimodal logistics park along the Indian Railway’s freight railway. It is one of the companies that did.

According to sources, they submitted bids to 14 stations. These include nine locations along the West Corridor and four locations along the East Corridor. The places where the Dedicated Freight Corridor Corporation of India Ltd (DFCCIL) received bids were New Dadri, New Ateli, New Sanjali, New Phulera, New Bhagega, New Kishangarh, New Dharuheda, New Kanpur, New Muzaffarnagar, New Palghar, New Bhimsen. , New Chawapail, new Gothamgam, new Gholvad.

“A set of these places will emerge as a center of growth,” sources said. Railroads help build railroad connections to these locations.

DFCCIL has called for bids from companies that own and operate a Private Freight Terminal (PFT) near the station and can collect more cargo on the network.

Private enterprises
The winning bidders of these companies will get permission from the private sector to develop and manage the terminal on their land near the DFC station, which is connected by rail. DFCCIL also has its own parcel near the truck and will be developed later.

Apart from the above, the companies that participated in the pre-bid meeting include DP World, Shree Cement, Allcargo Logistics, PSA International, APM Terminals, Concor, CMA-CGM, TVS Logistics, Gateway Rail Freight, Hind Terminals, Central Warehousing Corporation, Pipavav was included. Rail Corporation, Gopalpur Ports, Kalpataru Power Transmission, Inland Road Logistics, Aman Warehousing, Bothra Group, Pristine Logistics, Jindal Rail

A company that has acquired the right to operate a terminal on its own land or leased land reserves cargo for 30 years for all customers who want to load and unload cargo from that station. For the first 10 years, the operator has the exclusive right to handle the goods at a particular station, after which other users will be able to manage the goods.

As income, PFT operators can receive fees from users as determined by Indian Railways and various other value-added services.

Concerns remain
However, companies considering PFT are concerned about the duration and extent of their exclusivity to be maintained,

As another move, DFCCIL has invited bids to perform roll-on roll-on services between New Parampl and New Lewari. This allows large loading trucks to move between these two points.