Cargo Talk Feb2021 (2) - Flipbook - Page 44
DOMESTIC NEWS
PM Modi unveils Rewari-Madar
section of Western DFC
GatewayRail associates with
Western Dedicated Freight Corridor
Prime Minister Narendra
Modi inaugurated the
306-km new RewariMadar section of the
Western
Dedicated
Freight Corridor (WDFC).
While dedicating it to the
nation, Prime Minister
also flagged off the
world’s first double-stack
long-haul
1.5-km-long
container train hauled by
electric traction from New
Ateli-New Kishangarh through video-conferencing.
The 306 km Rewari-Madar section of Western DFC will provide
quantum boost to freight and logistics by decongesting Indian
railway network with energy efficient transportation and reduced
transportation cost. The new Rewari-Madar section of the WDFC
is situated in Haryana (approximately 79 km in Mahendragarh
and Rewari districts) and Rajasthan (approximately 227 km in
Jaipur, Ajmer, Sikar, Nagaur and Alwar districts).
GatewayRail Freight is one
of the first operators on
the Western Dedicated
Freight Corridor. Sachin
Bhanushali, Director &
CEO, Gateway Rail Freight,
says, “The transit time
of our trains will reduce
significantly and we will
be able to provide an even
more reliable service to
our customers through our
North India ICDs at Garhi
Harsaru, Faridabad and
Ludhiana. Our intermodal hub at Garhi Harsaru, Gurugram in NCR is
now connected to the Western Dedicated Freight Corridor. We have
created the necessary infrastructure at this terminal to operate
regular services on the DFC for Mundra and Pipavav Ports from our
container terminal. We will also be operating our train services for
Nhava Sheva port on the DFC through our Gujarat hub at Viramgam
near Ahmedabad.”
India’s first
‘Alternate
Investment Fund’
by Welspun One
Crystal Logistic
signs MoU with
PLUSS for COVID-19
vaccine delivery
Balmer Lawrie’s
Hyderabad
warehouse handles
COVAXIN’S 2 LAKH DOSES
Welspun One Logistics Parks has announced the launch
of its first Alternate
Investment
Fund
(AIF) product ‘Welspun One Logistics
Parks Fund I’. The
fund, a SEBI-registered Category II AIF,
is India’s first warehousing fund that Anshul Singhal
provides
domestic Managing Director
institutions,
HNIs, Welspun One Logistics Parks
family offices and
NRIs, an opportunity to invest in the booming
warehousing and industrial real estate sector
in India. The fund has a target size of ` 500
crore with a tenure of four years and a hurdle
rate of 15 per cent. It has a significant commitment from the Welspun promoter family
office of ` 75 crore.
Anshul Singhal, Managing Director, Welspun One Logistics Parks, says, “Our business model of an integrated fund, development and asset management platform
ensures that there is control over the entire lifecycle of the investment including
land acquisition, leasing, development
and divestment.”
Crystal Logistic Cool Chain (Crystal) has
signed a Memorandum of Understanding
(MoU) with Pluss Advanced Technologies
(PLUSS) for the supply of indigenously
developed precise temperature control
boxes required for maintaining the
effectiveness of the vaccine during transport.
According to the MoU, PLUSS will supply its
patented product – Celsure®, developed
using its proprietary Phase Change Material
technology, for transportation of the
COVID-19 vaccines from the manufacturer
to different parts of the country.
Refrigerated transportation on pan-India
network. “Transportation of the vaccine
while maintaining the precise temperature
control is as important as the vaccine itself.
This partnership is a very significant step
towards ensuring the COVID-19 vaccine
reaches its destinations in a way that
maintains its efficacy,” said Samit Jain,
MD, PLUSS. With PLUSS’ temperature
control boxes we
will ensure lastmile delivery, to
even the remotest
parts of India,”
said
Akash
Agarwal, CEO,
Crystal Logistic
Cool Chain.
Supporting Bharat Biotech in the COVID-19
vaccination drive, Balmer Lawrie’s Temperature
Controlled Warehouse (TCW) at Hyderabad,
handled 2 lakh doses of Covaxin on January
21, 2021. The activities included unloading,
storage, packaging, loading and despatch of
Covaxin to different parts of the country as per
the Government of India’s directive. The service
provider has Temperature Controlled Vehicles
(TCV) and TCWs at Medchal (Hyderabad) with
storage capacity of 3,500 pallet positions,
Rai (Haryana) with 3,800 pallet positions and
Patalganga (Navi Mumbai) with 3,840 pallet
positions, adhering to international standards,
besides other facilities. A new TCW is being
set up at Bhubaneswar.
44 CARGOTALK
FEBRUARY - 2021
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