DIPAM set to meet investors to gauge interest in Concor divestment process

Pre-EoI meeting expected to be held this week

To gauge investors’ interest in the divestment process of Container Corporation of India (Concor), the Department of Investment and Public Asset Management (DIPAM) has called for a pre-expression of interest (EoI) roadshow of prospective bidders this week.

Last month, the Union Cabinet cleared a policy that revised the railway land licensing fee. This was followed by a circular on October 4 that clarified the Cabinet decision stating that existing landholders could extend their lease for another 35 years.

Sources said the invitees could include D P World, Adani Group, Vedanta Group, PSA International, Gateway Distriparks, Allcargo Logistics, Port of Singapore, and investment