Popular logistics and infraprojects company wins Gati Shakti cargo terminal bid

In the first tender issued by the Railways Ministry following the introduction of a new rule for awarding bids to develop such facilities on Indian Railways land, Kanpur Logistics Park Pvt Ltd, a division of Pristine Logistics & Infraprojects Ltd, has quoted a negative 52% rate to win the bid for constructing a Gati Shakti multimodal cargo terminal at New Bhaupur close to Kanpur.

The private operator will not request a portion of the Terminal Charges (TC) and Terminal Access Charges (TAC) from the Dedicated Freight Corridor Corporation of India Ltd (DFCCIL)/Indian Railways in order to operate the facility due to the negative 52% rate set by Kanpur Logistics Park.

Over and above this, it has offered to pay an amount equivalent to 52 percent of the TC and TAC to the DFCCIL/Indian Railways, officials briefed on the bid said.

The Terminal Charges and Terminal Access Charges are levied by Indian Railways at its goods sheds/container rail terminals: when cargo comes on Railways-owned wagons, TC of Rs 20 per ton is collected and when it arrives on privately-owned wagons, TAC of Rs 1.6 lakh per rake per entry is billed.

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