CONCOR and JNPA Sign ₹500 Crore MoU for Vadhvan Port Rail Operations

Container Corporation of India Ltd (CONCOR) and Jawaharlal Nehru Port Authority (JNPA) have signed a Memorandum of Understanding (MoU) to develop and manage Common Rail Handling Operations at the proposed Vadhvan Port in Maharashtra. 

The agreement was signed in Mumbai on October 29, 2025, during India Maritime Week, by CONCOR Chairman and Managing Director Sanjay Swarup and JNPA Chairman Unmesh Sharad Wagh, who also heads the Vadhvan Port Project Limited.

Project Overview

The collaboration involves setting up a common rail handling facility to serve all upcoming container terminals at Vadhvan Port. CONCOR will take the role of the Common Rail Handling Operator and provide consultancy and operational support in areas such as rail coordination, infrastructure planning, and container handling.

Investment and Timeline

The project will involve an estimated investment of around ₹500 crore. It will be developed in a phased manner, with operations expected to begin by 2030. The initiative aims to create a shared rail infrastructure that can handle the port’s future container traffic efficiently.

Implementation Details

As part of the MoU, CONCOR will oversee the planning and management of the common rail yard that will cater to all terminals within the port complex. The system is to streamline rail cargo operations and improve coordination among multiple terminal operators once the port becomes operational.

About the Companies

CONCOR, a Navratna PSU under the Ministry of Railways, handles multimodal logistics operations across India. JNPA is one of the country’s largest container handling ports, managing significant cargo volumes on the western coast. Both entities are involved in developing the proposed Vadhvan Port project.

Read More: CONCOR Signs 2 Strategic MoUs With Adani Cement For Green Logistics!

CONCOR Share Price Performance 

As of October 30, 2025, 09:21 AM, CONCOR share price was trading at ₹555.25, a 0.22% increase from the previous closing price.

Conclusion

The MoU formalises cooperation between CONCOR and JNPA for developing the common rail infrastructure at Vadhvan Port, with implementation targeted for completion by the end of this decade.

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