CONCOR Signs 15-Year LNG Pact with GAIL for ICD Khodiyar, Ahmedabad

1 min read     Updated on 09 Jul 2026, 08:50 PM
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AI Summary

Container Corporation Of India and GAIL (India) Ltd have signed a 15-year agreement to establish an LNG dispensing station at ICD Khodiyar, Ahmedabad. GAIL will oversee operations and infrastructure investment, while Container Corporation Of India will provide approximately 3.000 square meters of land and deploy 15 LNG-powered commercial vehicles from the first contract year to support sustainable logistics.

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Container Corporation Of India has entered a 15-year strategic partnership with GAIL (India) Ltd to establish a state-of-the-art Liquefied Natural Gas (LNG) dispensing station at its Inland Container Depot (ICD) in Khodiyar, Ahmedabad. This collaboration aims to transition India's heavy-duty commercial logistics sector toward sustainable fuel alternatives by creating a green corridor.

Agreement Structure and Responsibilities

Under the agreement, GAIL will hold exclusive operational control and invest in setting up the retail LNG outlet infrastructure. Container Corporation Of India will provide a dedicated land parcel of approximately 3.000 square meters within its high-traffic Ahmedabad terminal, along with essential utility connectivity. The multi-modal facility is designed to operate round-the-clock, offering high-performance, eco-friendly fueling to Container Corporation Of India's logistics fleet as well as open-market commercial vehicles.

To ensure the commercial viability of the project, Container Corporation Of India has committed to deploying a dedicated fleet of 15 LNG-powered commercial vehicles starting in the first contract year. This commitment is intended to guarantee consistent demand for the new fueling infrastructure.

Key Agreement Details

The following table outlines the core parameters of the partnership:

Parameter: Details
Partners: Container Corporation Of India Ltd, GAIL (India) Ltd
Location: ICD Khodiyar, Ahmedabad
Tenure: 15 years
Land Allotted: 3.000 square meters
CONCOR Fleet Commitment: 15 LNG-powered vehicles

Signing Ceremony

The agreement was signed on July 8, 2026, at the GAIL office in New Delhi. The signatories included Shri Mani Bhushan Singh, GGM (Projects & Services) at Container Corporation Of India, and Shri Hitendra Kumar Garg, ED (Marketing) at GAIL. The ceremony was attended by Shri Swayambhu Arya, ED (Projects & Services) at Container Corporation Of India, and other senior officials from both organizations.

Historical Stock Returns for Container Corporation of India

1 Day5 Days1 Month6 Months1 Year5 Years
+0.07%+9.37%+10.57%+4.63%-10.19%+2.02%

Will the success of this pilot project lead to similar LNG infrastructure partnerships at other CONCOR terminals across India?

How will the cost differential between LNG and diesel impact the long-term operational expenses for heavy-duty commercial fleet operators?

What are the potential expansion plans for the dedicated LNG-powered fleet beyond the initial commitment of 15 vehicles?

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CONCOR independent director Namita Devi ceases office

1 min read     Updated on 08 Jul 2026, 06:21 AM
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Container Corporation Of India Ltd announced that Independent Director Smt. Namita Devi ceased to hold office effective July 6, 2026, due to the completion of her tenure. The company submitted the disclosure to the exchanges on July 7, 2026, and provided an updated list of the Board of Directors.

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Container Corporation Of India Ltd announced that Independent Director Smt. Namita Devi has ceased to hold office effective July 6, 2026. The cessation follows the completion of her tenure as per the appointment order issued by the Ministry of Railways, Government of India. Smt. Namita Devi, also known as Smt. Lovely Gupta, held the DIN 07436235.

The disclosure was submitted to the Bombay Stock Exchange Ltd. and the National Stock Exchange of India Ltd. on July 7, 2026. The communication was signed by Harish Chandra, Chief Executive Officer (Finance) and Company Secretary.

Updated Board Composition

Following the departure of Smt. Namita Devi, the company provided an updated list of its Board of Directors. The board continues to be led by Shri Sanjay Swarup as Chairman and Managing Director.

Current Board of Directors

S. No. Name and Designation Address
1. Shri Sanjay Swarup
Chairman and Managing Director
CONCOR Bhawan, C-3, Mathura Road,
Opp. Apollo Hospital,
New Delhi - 110076
2. Shri Ajit Kumar Panda
Director (Projects & Services)
CONCOR Bhawan, C-3, Mathura Road,
Opp. Apollo Hospital,
New Delhi - 110076
3. Shri Vijoy Kumar Singh
Director (International Marketing &
Operations)
CONCOR Bhawan, C-3, Mathura Road,
Opp. Apollo Hospital,
New Delhi - 110076
4. Shri Harbrinder Singh Bajwa
Director (Domestic Division)
(Additional Charge)
CONCOR Bhawan, C-3, Mathura Road,
Opp. Apollo Hospital,
New Delhi - 110076
5. Shri Vivek Gupta
Director (Finance) & CFO
CONCOR Bhawan, C-3, Mathura Road,
Opp. Apollo Hospital,
New Delhi - 110076
6. Shri Rakesh Kumar Rousan
Part Time Government Director
Executive Director/ BD,
Railway Board, Ministry of Railways,
Rail Bhawan, New Delhi.
7. Shri Rahul Agarwal
Part Time Government Director
Pr. Executive Director/ TT (M),
Railway Board, Ministry of Railways,
Rail Bhawan, New Delhi.

Historical Stock Returns for Container Corporation of India

1 Day5 Days1 Month6 Months1 Year5 Years
+0.07%+9.37%+10.57%+4.63%-10.19%+2.02%

Who will the Ministry of Railways appoint to fill the vacancy left by Smt. Namita Devi?

How will the reduction in independent directors impact the board's governance and oversight capabilities?

Will the change in board composition influence CONCOR's strategic direction or operational policies?

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