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Core group of secretaries to hold meeting today to clear Concor EoI

The meeting is to be chaired by the cabinet secretary

BS Reporter Chennai

Premium

Concor

1 min read Last Updated : Jan 30 2023 | 9:48 AM IST

In a step towards finalising the Expression of Interest or preliminary bids for the disinvestment of Container Corporation of India (Concor), a core group of secretaries (CGD) is set to meet today.

The meeting to be chaired by the cabinet secretary will have representatives from the Ministry of Finance and Railways among others. The government stake sale in Concor has already seen interests from global majors like Maersk, the world’s largest container shipping line and vessel operator. The Danish shipping major had participated in the second round of the pre-expression of interest (EoI) roadshows held by the Department of Investment and Public Asset Management (Dipam).

Other companies that have shown interest in the two rounds of roadshows include I Squared Capital, Sojitz Corporation, Adani group, D P World, PSA Singapore, JSW Group and Essar Ports.