Container Corporation of India Ltd. (CONCOR) has been awarded a substantial contract worth ₹485.93 Crores to supply 24 rakes of BLSS wagons with Brake Van Type BVCM. The order, awarded by M/s. Braithwaite & Co Ltd, a Government of India Undertaking under the Ministry of Railways, is expected to be completed by 20.06.2028. This significant order strengthens CONCOR’s operational capacity and future revenue streams in the logistics sector.
CONCOR Awarded Major Wagon Supply Contract
Container Corporation of India Ltd. (CONCOR) has announced a significant contract award for the supply of railway wagons. The order, valued at ₹485.93 Crores (including GST), is for 24 rakes of BLSS wagons with Brake Van Type BVCM.
Contract Details and Execution
The contract has been awarded by M/s. Braithwaite & Co Ltd, an undertaking under the Ministry of Railways. This is a domestic entity order, aligning with CONCOR’s domestic operations. The company is expected to fulfill the terms of the contract by 20.06.2028. The terms and conditions of the contract are primarily related to the supply of these specific wagon types.
No Promoter Interest
It is confirmed that neither the promoter nor promoter group companies have any interest in the entity to whom the order(s)/contract(s) is awarded. Furthermore, this transaction does not fall under related party transactions, ensuring an arms-length arrangement.
Source: BSE
