29 December 2006

gdl

Gateway Distriparks Ltd (GDL) has won an operations and management (O&M) contract for the Conware container freight station (CFS) from the Punjab state government. The duration of the contract is 15 years. GDL will make an upfront payment of Rs 35 crore and play an annual fee of Rs 10 crore with an escalation clause of 5% on the same. The Conware CFS achieved a throughput of 55,662TEU and EBITDA of Rs13.8 crore in FY2006; the same translates into an EBITDA/TEU of Rs 2,500."
Conware CFS—sub—optimal utilisation

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