CONCOR Secures ₹175 Crore Deal for 9 Spine Car Rakes from Braithwaite

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AuthorKavya Nair|Published at:
CONCOR Secures ₹175 Crore Deal for 9 Spine Car Rakes from Braithwaite
Overview

Container Corporation of India (CONCOR) secured a ₹175.36 crore contract to manufacture and supply nine Spine Car rakes to Braithwaite & Co Ltd. Deliveries are scheduled to conclude by February 28, 2027. This order bolsters CONCOR's role in railway logistics infrastructure and adds to its order book.

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CONCOR Expands Logistics Capacity with New Braithwaite Contract

This new contract significantly boosts CONCOR's capacity in railway logistics infrastructure and strengthens its order book, promising a steady revenue stream. The development aligns with the company's strategy to modernize and expand its fleet to meet growing freight demands.

CONCOR, a Navratna Public Sector Undertaking (PSU) under the Ministry of Railways, is a leader in India's multimodal logistics sector. The Spine Car rakes are a type of BLSS wagon specifically designed for efficient and flexible container transport. The counterparty, Braithwaite & Co. Ltd., is another established PSU under the Ministry of Railways, specializing in manufacturing railway wagons. This partnership is reinforced by a previous substantial contract where CONCOR awarded Braithwaite ₹689.76 crore for 30 BLSS rakes.

The timely execution of supplies by Braithwaite & Co. Ltd. by the February 2027 deadline remains a key aspect to monitor for CONCOR's operational planning.

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