Core Announcement – Order Details
Awarding Entity: Dedicated Freight Corridor Corporation of India Limited (DFCCIL), a Government of India (Ministry of Railways) Enterprise
Domestic/International Order: Domestic
Nature of Order/Contract: Contract for Plan, Construct, Develop & Operate Gati Shakti Multi-Modal Cargo Terminal (GCT) for handling Cargo on goods line no. 4 towards Ambala end of New Shambhu station on DFCCIL/Railway Land. The project involves development and operation of a GCT at New Shambhu station, near Rajpura, Punjab, intended to facilitate freight movement and augment terminal capacity through private participation.
Order Value: Approximately Rs. 60,00,00,000/- (Rupees Sixty Crore Only)
Materiality Context: Not Specified
Execution Timeline:
- Construction must commence within 3 months from approval of Engineering Scale Plan (ESP) or handing over railway land (whichever is later)
- Work completion required within 18 months from date of ESP approval or land handover (whichever is later)
- Total contract period: 35 years from date of LOA issuance (including construction period and extension period)
Revenue Recognition / Billing Structure: Not Specified
Key Terms & Payment Milestones: Terms and conditions will be as per GCT Agreement to be entered with DFCCIL
Whether Related Party Transaction: No
Promoter Group Involvement: No
Financial Implication: Not Specified