Deals14 Oct 2026, 12:54 pm
Navkar Corp wins ₹48 Cr Gati Shakti Cargo Terminal contract
AI Summary
JSW Infrastructure Ltd's listed subsidiary, Navkar Corporation Limited, has received a Letter of Acceptance (LOA) from the Office of the Sr. DCM, Commercial Department, Salem, Southern Railway, Tamil Nadu. The contract is for the construction and operation of a Gati Shakti Multi-Modal Cargo Terminal on railway land at Kulipalaiyam station. The construction is to be completed within eighteen months, and the railway land will be licensed for 35 years. The approximate value of the contract is ₹48,00,00,000 (Rupees Forty-Eight Crore Only).
Key Highlights
- Navkar Corporation secures a significant contract for a Gati Shakti Multi-Modal Cargo Terminal.
- The contract involves construction and operation on railway land.
- Project execution timeline is 18 months for construction, with a 35-year land license.
- The contract value is approximately ₹48 Crore.
Price Impact
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