CONCOR & BHEL to develop logistics terminal in Haridwar

Container Corporation of India (CONCOR) and Bharat Heavy Electricals Limited (BHEL) have entered into an agreement to set up a rail-based logistics terminal in Haridwar, Uttarakhand. This would be BHEL’s strategic entry into a new growth area as the terminal would soon be developed into a multi-modal logistics facility. The terminal would cater to the need of Exim and domestic trade of Haridwar. The facility would work as a Private Freight Terminal (PFT) which will facilitate the handling of railway wagon also. Moreover, the Haridwar plant is advantageously located near the upcoming Eastern and Western Dedicated Freight Corridors.
BHELCON, a joint working group agreement has been signed with equal financial participation by CONCOR and BHEL.