Repono Ltd Secures North Central Railway Approval for Mathura Terminal

Repono Ltd has reached a key milestone with the approval of its Engineering Scale Plan for the Ajhai rail-fed petroleum terminal. This project marks a significant step in the company's expansion into integrated energy infrastructure.

Reader Takeaway: Railway approval advances the Mathura terminal project, supported by a 20-year Reliance Industries partnership.

What just happened

Repono Ltd, through its subsidiary Repono Mathura Terminal Private Limited, has obtained approval from the North Central Railway for its Engineering Scale Plan (ESP). The facility is designated as a Gati Shakti Cargo Terminal under the government's GCT Policy-2026. This approval serves as a critical regulatory clearance that finalizes the site's rail connectivity design and track layout, allowing the company to finalize pre-construction formalities.

Why this matters

The Mathura terminal is a core component of the company's long-term business strategy. It is built on a 20-year agreement with Reliance Industries Limited, signed in May 2026, which covers the entire Engineering, Procurement, and Construction (EPC) phase as well as ongoing Operations and Maintenance (O&M). The facility will handle essential petroleum products, including petrol, diesel, and ethanol, positioning the company as a key infrastructure partner for both private and PSU oil marketing entities.

Context metrics

In FY26, Repono Ltd reported a total income of Rs 66.45 crore, with an EBITDA of Rs 11.15 crore and a Profit After Tax (PAT) of Rs 6.58 crore.

What to track next

Investors should look for the official commencement of the EPC phase and subsequent construction progress. Management is targeting the start of commercial operations within 36 months of beginning construction, with an expressed intent to explore early project completion.