CONCOR signs 15-year LNG station deal with GAIL at Ahmedabad terminal
CONCOR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.1 pts more than Nifty Midcap 150 and 1.5 pts more than its Logistics Solution Provider peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
CONCOR has signed a 15-year agreement with GAIL (India) to set up an LNG dispensing station at CONCOR's Inland Container Depot in Khodiyar, Ahmedabad. GAIL will invest in and exclusively operate the LNG outlet on about 3,000 square metres of land provided by CONCOR, along with utility connectivity. CONCOR will deploy 15 LNG-powered commercial vehicles in the first contract year to support demand. The facility will run round-the-clock and serve both CONCOR's fleet and outside commercial vehicles.
Strengthens CONCOR's push into green logistics and adds a new revenue stream at the Ahmedabad terminal, though initial scale is modest.