OBCL Secures Major Contract with Vedanta

Orissa Bengal Carrier Limited (OBCL), a player in the transportation and logistics industry, has recently secured a significant contract with Vedanta Limited. This new deal exemplifies OBCL’s continued growth and its capacity to handle large-scale transportation projects. In this blog, we will delve into the details of the contract, OBCL’s comprehensive services, and the company’s robust logistical network.

OBCL’s New Contract with Vedanta Limited

OBCL has announced the signing of a contract with Vedanta Limited for the transportation of approximately 15,000 Metric Tons of materials. This agreement is a testament to OBCL’s reliability and expertise in handling substantial logistical operations. The contract is part of OBCL’s ordinary course of business, highlighting the company’s capability to manage significant transportation tasks seamlessly.

Key Details of the Contract

Contract Value: The transportation of 15,000 Metric Tons of materials.

Partner: Vedanta Limited, a global natural resources company.

Scope: This contract does not fall within the ambit of related party transactions, ensuring transparency and adherence to regulatory standards.

Comprehensive Services Offered by OBCL

OBCL offers a wide array of transportation and logistical services designed to meet diverse client needs. The company’s service portfolio includes:

Transportation Services

OBCL specializes in bulk transportation, handling up to 1 lakh tons per annum. The company’s fleet is equipped to transport various types of goods across India efficiently.

Third-Party Logistics (3PL)

OBCL provides third-party logistics services, offering integrated solutions that encompass warehousing, transportation, and distribution. This service helps clients streamline their supply chains and improve overall efficiency.

Warehousing

OBCL’s warehousing services ensure safe and secure storage of goods, facilitating smooth inventory management and timely distribution.

Pan-India Logistics Distribution Network

OBCL boasts a comprehensive logistics distribution network with 40 branches spread across various parts of India. This extensive network allows the company to provide seamless and efficient logistical solutions nationwide.

Fleet Strength

12 Wheelers: 42 trucks (owned and attached)

14/18 Wheelers: More than 800 trucks

Trailers: 60 trailers (owned and attached)

Total Fleet: Over 1000 vehicles, enabling OBCL to handle a wide range of transportation requirements.

Conclusion

The new contract with Vedanta marks a significant milestone for OBCL, underscoring its expertise and capacity in the transportation sector.

OBCL’s commitment to excellence and its ability to secure major contracts with industry leaders like Vedanta Limited reaffirm its status as a trusted and reliable partner in the logistics industry.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.