Concor land lease 3500

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August undefined, 2024

WebJun 8, 2024 · The company intends to take the upfront loan amounting to Rs 3,500 crore for the lease with Railways. “When we do this as a corporate governance practice, we will inform the stock exchange and the investors that we are exploring the possibility,” he said. Last year CONCOR made a profit after tax (PAT) of around Rs 500 crore.

Concor to lease railway land in 3,500 cr deal for 35 years

WebOct 11, 2024 · The Ministry of Railways in its latest circular has clarified several tenets of land management that can directly impact the lease terms of the Railways’ landholders, … WebJan 11, 2024 · The Cabinet, in November 2024, had approved strategic sale of a 30.8 per cent stake, along with management control, in Concor out of the government equity of 54.80 per cent. The government will retain 24 … discount codes for kuhl

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WebMay 25, 2024 · May 25, 2024 / 10:41 AM IST. Container Corp. of India (CONCOR) pleasantly surprised investors by resolving the land license fee dispute with Indian Railways. The company has paid a land lease fee ... WebApr 7, 2024 · Until then, Concor had been paying land lease rentals to the transporter on a per-container (20-feet equivalent unit container) basis, which entailed a lower outgo. The licensing fee is an... WebJun 7, 2024 · State-owned Container Corporation of India (Concor) will lease for 35 years from the Indian Railways the land on which it has built 24 of its 64 inland container depots (ICDs) by paying upfront 99 per cent of … discount codes for look again catalogue

Concor land license policy in weeds again Business News

WebAug 29, 2024 · New Delhi: The Cabinet secretary led panel will soon find a solution to the land lease issue of Concor to push through the privatisation process. Sources tell ET Now that the Finance Ministry has made suggestions for tackling the contentious issue of land lease. ET Now learns that Finance Ministry has pitched for halving the land licence fee … WebFeb 16, 2024 · In 2024-21, a new land licensing fee was proposed for railway land. A cut in the licensing fee from 6% to 3% of the market value of land. The fee to apply to public … four rs of reflectionWebFeb 28, 2024 · “We tolerated Concor’s dominant position all along because its land leases are very old and pre-date the 2007 policy whereby the sector was thrown open to private investors. discount codes for littlewoods

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Concor land lease 3500

Railway land to be leased by Concor - Maritime Gateway

WebOct 27, 2024 · Until then, Concor had been paying land lease rentals to the transporter on a per-container (20-feet equivalent unit container) basis, which entailed much lower outgo. The LLF being charged... WebNov 22, 2024 · CONCOR is expected to pay land lease charges of Rs380-390 crore for FY23 though it has estimated the payout at Rs450 crore for the full year. “In the first half of FY23, we made a payment of around …

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WebJun 7, 2024 · Concor must pay as a lot as ₹3,500 crore upfront for the long-term lease of the land parcels. The rail hauler is predicted to finance the upfront cost by a mixture of … WebJun 8, 2024 · 08 Jun 2024 CW Team. State-owned Container Corporation of India Ltd (Concor) will lease the Indian Railway land for 35 years in a Rs 3,500 crore deal. It created 24 of its 64 inland container depots (ICDs) …

WebJun 7, 2024 · Concor will have to pay as much as ₹3,500 crore upfront for the long-term lease of the land parcels. The rail hauler is expected to finance the upfront payment … WebJun 7, 2024 · Concor must pay as a lot as ₹3,500 crore upfront for the long-term lease of the land parcels. The rail hauler is predicted to finance the upfront cost by a mixture of borrowings and inside funds. Following the deal, Concor can pay solely a nominal annual lease payment of about ₹1,000 a 12 months to the Railways, in response to an …

WebJun 7, 2024 · The state-owned Container Corporation of India (CONCOR) will lease for 35 years from the Indian Railways the land on which it has built 24 of its 64 inland container … WebJun 24, 2024 · The much-awaited policy, which may also extend the land lease period from 5 years to 35 years or more, will facilitate the privatisation of state-run Container Corporation (ConCor).

WebSep 14, 2024 · This policy may extend the land lease period from 5 years to 35 years or more. ... He further pointed out that to pay 99 per cent upfront lease, CONCOR has to …

WebJul 27, 2024 · Min of Railways, Concor had worked out lump sum Rs 3500 cr payment for 24 terminals New Delhi: In a development that could yet again give jitters to investors of Concor, ET Now learns that the Ministry of Railways and Finance Ministry have once again differed in their views on the issue of Land Licensing Policy ahead of the privatization drive. fourrts india laboratories pvt. ltdWebOct 11, 2024 · Latest Railways circular also offers details on various terms of the new 'land lease policy' approved by Cabinet last month; existing landholders can extend their lease for up to another 35 years Land lease continuity for Rail landholders, more clarity for … discount codes for london theatreWebSep 8, 2024 · CONCOR had paid as much as Rs 3,500 crore upfront for the long-term lease of the land parcel and was required to pay only a nominal annual lease fee of about Rs … discount codes for look againWebJul 6, 2024 · However, in 2024 this policy was revised with the Railways introducing a provision to revise the annual base value of land by 7 per cent every year. The Railways now charges 6 per cent of current market value of land use. Consequently, CONCOR's cost of warehousing has risen considerably, with the company paying Rs 517 crore LLF in … discount codes for littmann stethoscopesWebWe simplify the process of finding a new apartment by offering renters the most comprehensive database including millions of detailed and accurate apartment listings across the United States. Our innovative technology includes the POLYGON™ search tool that allows users to define their own search areas on a map and a Plan Commute … fourrts pharma chennaiWebJun 6, 2024 · Concor will have to pay as much as ₹3,500 crore upfront for the long-term lease of the land parcels. The rail hauler is expected to finance the upfront payment through a mix of borrowings and ... discount codes for london dungeonsWebJun 7, 2024 · Concor will have to pay as much as ₹3,500 crore upfront for the long-term lease of the land parcels. The rail hauler is expected to finance the upfront payment through a mix of borrowings and internal … discount codes for london bridge experience