New Delhi - Container Corporation of India Ltd. (CONCOR) has signed a Memorandum of Understanding (MoU) with Bhavnagar Port Infrastructure Pvt. Ltd. (BPIPL) on 4th September, 2025 at New Delhi, to operate and maintain the upcoming Container Terminal at the northside of Bhavnagar Port in Gujarat.
BPIPL has already executed an agreement with the Gujarat Maritime Board (GMB) in September 2024 for the development of this port infrastructure. Under the agreement, 235 hectares of land has been allotted to BPIPL on a 30-year lease, with a provision for future expansion by an additional 250 hectares.
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