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APM Terminals Pipavav commences rail service to Faridabad

APM Terminals Pipavav commences rail service to Faridabad

APM Terminals Pipavav (Gujarat Pipavav Port Ltd) said it has commenced a new weekly double stack rail service to Faridabad, Haryana. The dedicated double stack operations, which can carry two containers placed one on top of another in specially designed rail cars, will be operated in association with Gateway Rail and NYK India.

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Not easy being the first PPP project

Not easy being the first PPP project

Implementing the first PPP in rail couldn't have been easy. While he prepares to enter into more JVs with the rail ministry, Pankaj Malviya, MD, Pipavav Railway Corporation Ltd (PRCL), explains to Shilpi Aggarwal how a clause helped bring down operational costs from nearly 100 per cent to just over 50 per cent