StockWatch
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Oil Storage & Transportation
Project Update30 Sept 2026, 01:39 pm

Repono Subsidiary Gets Rail Approval for Cargo Terminal

AI Summary

Repono Ltd's step-down subsidiary, Repono Mathura Terminals Private Limited, has received approval from North Central Railway, Agra Division, for the Engineering Scale Plan (ESP) of its proposed Gati Shakti Cargo Terminal (GCT) at Ajhai Station. This approval is a significant step towards the development of the GCT, subject to fulfilling applicable conditions and obtaining necessary construction commencement permissions. The company has been requested to deposit Security Money amounting to ₹10,00,000/- (₹10 Lakhs) to proceed.

Key Highlights

  • Step-down subsidiary received railway approval for GCT.
  • Approval is for the Engineering Scale Plan at Ajhai Station.
  • Development is subject to further conditions and permissions.
  • A security deposit of ₹10 Lakhs is required.