Top firms bid for DFC freight terminals
The Dedicated Freight Corridor Corporation of India Ltd (DFCCIL) has received bids from Adani Ports and Special Economic Zone (APSEZ), JM Baxi Group and a joint venture of SKN Terminal-Haryana City Gas to invest in land to operate private freight terminals or multimodal logistics parks along dedicated freight corridors (DFCs) of the Indian Railways.
DFCCIL had invited bids from companies that could own and operate private freight terminals (PFTs) near stations to garner more cargo to its network.
The list of companies that participated in the pre-bid meeting include:
Adani Ports and Special Economic Zone
Central Warehousing Corporation
Gateway Rail Freight
Inland Road Logistics
JM Baxi Group
Kalpataru Power Transmission
Pipavav Rail Corporation
SKN Terminal-Haryana City Gas
The company that wins the right to operate a terminal on its own or leased land will book cargo for all customers who want to load and unload cargo from that station for 30 years. For the first 10 years, the operator will have an exclusive right to handle goods at a given station, after which other users can be allowed to manage goods too.
Make in Steel 2021
4th Indian Cement Review Conference 2021
As revenue, the PFT operator can get handling charges as decided by the Indian Railways and other various value added services from its users.
The companies have submitted bids for 13 stations. These include four along the Eastern corridor and nine locations along the Western corridor.
The locations for which DFCCIL received bids are:
Successful bidders from these companies will get permission from private firms to develop and manage terminals on their own land located near DFC railway stations, linked by rail. DFCCIL also has its own land parcels near the track, which it plans to develop later.
DFCCIL has invited bids to run roll-on-roll-on services between New Rewari and New Palanpur, allowing heavy and loaded trucks to move between these two points.
Image: DFCCIL has not opted for a revenue-sharing model to develop the private terminals.