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Home > All news > Railways > Indian Railways set terms for renewing Container Train Operating permits

Indian Railways set terms for renewing Container Train Operating permits

July 2, 2024
Reading Time: 3 minutes
48 Gati Shakti Multi-modal Cargo Terminals commissioned till 30th June, 2023 : Railway Minister

New Delhi - The Indian Railways have asked firms running container trains to pay a non-refundable fee of Rs25 crores and Rs5 crores, depending upon the type of permit, for roll over of their concession agreements that ends in 2026 and 2027 after a 20-year run.

The renewal of the concession agreement will be for 10 years.

The Ministry of Railways privatised the container train operating sector in 2007, by issuing permits to some 16 firms to ply on the Indian Railways network.

These include state-run Container Corporation of India Ltd . . .

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Disclaimer: This information has been collected through secondary research and Daily Shipping Times is not responsible for any errors in the same.

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