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RSWM enters into MoU with PICDPL

26 Oct 2021 Evaluate

RSWM has entered into a memorandum of understanding (MOU) with Pegasus Inland Container Depot (PICDPL) for sale/transfer of Private Freight Terminal (PFT) of the company situated at Namil, Madhya Pradesh. The PFT was hitherto being used as railway siding for getting coal from South Eastern Coalfield (SECL) and then transporting it to thermal power plant at Mordi, Banswara.

The requirement of thermal power plant is being met mostly through alternate sources as SECL arrangement is not there now and Coal is being transported from port or other location by road transport. The proposal would be subject to necessary approval from Government Authorities including Railways.

RSWM is a leader in the domestic and international textile industry. It understands its customers’ and its planet's needs all the same.

Peers
Company Name CMP
Vardhman Textiles 560.40
Welspun Living 223.00
Arvind 552.40
Raymond Lifestyle 690.00
K.P.R. Mill 1110.65
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