GATX India Pvt. won a contract worth Rs. 192 crore from Container Corporation of India Ltd. (CONCOR) for the supply of 10 rakes of BLSS wagons. The rakes will be delivered on an operating lease model for a tenure of 10 years, with a contract completion period of 435 days.
Introduction:
The Container Corporation of India Ltd. (CONCOR), a leading PSU in logistics and intermodal transport, has placed an order with GATX India Pvt. Ltd. for the supply of 10 rakes of BLSS (Bogey Low Speed Stackable) wagons. The order, valued at Rs. 192 crore, is structured as an operating lease agreement, spanning a duration of 10 years. Under the terms, GATX will be responsible for supplying the wagons within a timeframe of 435 days from the date of order.
CONCOR Recent Updates:
- Firstly, CONCOR has awarded a significant contract worth Rs. 64.52 crore to Aanjaney Rail Pvt. Ltd. for the supply of 1,350 Low Weight Low Height (L WLH 25) 25T axle load bogies and components for 25T axle load wagons. The execution of this contract is scheduled to be completed by August 5, 2026.
- In another notable development, CONCOR has signed a Memorandum of Understanding (MoU) with The Energy and Resources Institute (TERI) to establish the “CONCOR-TERI Centre of Excellence for Green and Sustainable Logistics.” Announced during the World Sustainable Development Summit (WSDS) 2025, this collaborative initiative aims to drive research and policy innovation for sustainable logistics, focusing on rail transport, warehousing, and terminal operations.
Conclusion:
This contract highlights CONCOR’s focus on modernizing its wagon fleet and leveraging asset-light models for operational efficiency. Partnering with GATX India, a reputed rolling stock lessor, marks a step forward in meeting rising logistics demands and improving service capabilities in India’s growing freight transportation network.
Source: CONCOR – Press Release | Image Credit (representational): CONCOR
