Navkar Corporation becomes category I Container Train Operator
Capital MarketNavkar Corporation announced that Northern Railways vide letter dated 07 June 2022 has given approval for transfer of category I - CTO License from Arshiya Rail Infrastructure to Navkar corporation, which is valid till 08 May 2028. Accordingly, a fresh concession agreement has been executed between Railway Administration (CCM/R&M) and the company.
In view of above, w.e.f 07 June 2022, the company has become category I Container Train Operator (CTO).
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