CONCOR inks MoU to operate container terminal at Bhavnagar Port

The Container Corporation of India Ltd (CONCOR) last week signed a Memorandum of Understanding (MoU) with Bhavnagar Port Infrastructure Pvt. Ltd (BPIPL) in New Delhi, to operate and maintain the upcoming container terminal at the northside of Bhavnagar Port in Gujarat.

BPIPL had executed an agreement with Gujarat Maritime Board (GMB) in September 2024 for the development of this port infrastructure. Under the agreement, 235 hectares of land was allotted to BPIPL on a 30-year lease, with a provision for future expansion by an additional 250 hectares.

This port facility is expected to play a crucial role in catering to the logistics needs of Central Gujarat, the Dholera Industrial Belt, and even extend its services to customers in the National Capital Region (NCR).

Under the terms of the MoU, CONCOR will be the Container 

Terminal Operator responsible for the operation, management and marketing of the terminal. This marks a significant strategic move for CONCOR as it ventures into port operations, aligning with its vision of forward integration. The detailed terms and conditions of the agreement are being finalised. 

With its unmatched infrastructure strength, including a pan-India network of terminals and a large fleet of rolling stock, CONCOR is well-positioned to offer reliable, efficient and cost-effective logistics services.

On the occasion, Mr Sanjay Swarup, CMD CONCOR, noted that this collaboration is expected to provide substantial value addition to customers and further strengthen CONCOR’s leadership in the logistics sector, as per a release.

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