Private Freight Terminal

PRIVATE FREIGHT TERMINAL (PFT):-

1. Objective:

a. With the help of the private party, freight terminals will be developed faster.

b. Increase the share of railways in the transport of goods traffic.

c. Integrated, efficient and cost-effective logistics and storage services to guide traffic to the road going towards the railways.

2. PFT stands for Private Freight Terminal, which will be developed on private land by private party.

3. It will be managed by Terminal Management Company, which will be the owner of PFT.

4. Private land will be used, but railways will have to arrange railway land for linking railway.

5. Brownfield PFT; - The terminal which will be developed at the place of current Siding. Private siding owners can also become Brownfield. If the Container Terminal will be converted in PFT, then it will be considered under this service.

6. Greenfield PFT: New Terminal built by private party at private place.

7. Nodal Agency: - At the Railway Board level, its nodal officer will be EDFM and at the Zonal level during construction and planning period, its nodal officer will be CTPM and later on CCM (FM).

8. Eligibility:

a. The company registered under the Companies Act, 1956 Subsidiary company.

b. P.S.U.

c. Registered Co-operative Society

d. Assistant Siding / Private Siding Owner

e. Joint Venture Company

f. Consortium.

9. Permitted commodities: All types of traffic except Coal and Coke under priority ‘C’ will be booked. Outward loading of coal & coke, iron ore under D priority is allowed.

10. Permitted Wagon: All types of Parcel Van, wagon and private wagons available in Indian Railways.

11. General conditions :

i. T.M.C. will be responsible for fulfilling of all type of legal requirements.

ii. Construction of PFT shall be developed on the basis of private sidings. The working rules of PFT will like as EOL

iii. T.M.C. will be responsible for all type of taxes.

iv. P.F.T. Will work 24 hour.

v. Third party goods will be dealt by the Terminal Management Company.

vi. TMC will charge different types of charges, such as wharfage charges, and other value-added services to the party.

vii. TMC will be free to charge money from the customer for the services given by him.

viii. The wharfage charge collected by TMC will not be given to the Railways.

ix. Demurrage charge, engine detection charge and stabling charging will be paid to railways.

x. While issuing the railway receipt, the freight will be paid by the consignor to the Railways. Payment will be paid through e-payment.

xi. The booking of goods will be prepaid. The freight will be taken at the public tariff rate.

xii. The booking will be for the consignee.

xiii. There will be an agreement between the consignor and the TMC for the outward booking and the copy of the agreement will be kept with railway staff.

xiv. The Railways will not be responsible after wagons supplied to TMC.

xv. Agreement period - 30 year. After this, it can be increased according to the prevailing policy of that time.