Could not find a base address that matches scheme net.tcp for the endpoint with binding NetTcpBinding - wcf

Question

I have a service with a basichttp binding and I am trying to add a net.tcp binding to it. here is how the config looks like:
<services>
<service behaviorConfiguration="ServiceBehavior" name="Some.L.E.S.BusinessService">
<endpoint address="" binding="basicHttpBinding" bindingConfiguration="BasicHttpBinding_IBusinessService"
contract="Some.L.E.Services.IBusinessService">
<identity>
<dns value="localhost" />
</identity>
</endpoint>
<endpoint address="/BusinessService.svc" binding="netTcpBinding" bindingConfiguration="netTcpBinding_IBusinessService" contract="Some.L.E.Services.IBusinessService">
<identity>
<dns value="localhost" />
</identity>
</endpoint>
<host>
<baseAddresses>
<add baseAddress="http://localhost:63487/"/>
<add baseAddress="net.tcp://localhost/" />
</baseAddresses>
</host>
</service>
</services>
<behaviors>
<serviceBehaviors>
<behavior name="ServiceBehavior">
<!-- To avoid disclosing metadata information, set the value below to false and remove the metadata endpoint above before deployment -->
<serviceMetadata httpGetEnabled="true"/>
<!-- To receive exception details in faults for debugging purposes, set the value below to true. Set to false before deployment to avoid disclosing exception information -->
<serviceDebug includeExceptionDetailInFaults="true"/>
</behavior>
</serviceBehaviors>
</behaviors>
<serviceHostingEnvironment multipleSiteBindingsEnabled="true" />
<!-- Start of HostServices client configurations -->
<bindings>
<basicHttpBinding>
<binding name="BasicHttpBinding_IBusinessService" closeTimeout="00:01:00"
openTimeout="00:01:00" receiveTimeout="00:10:00" sendTimeout="00:01:00"
allowCookies="false" bypassProxyOnLocal="false" hostNameComparisonMode="StrongWildcard"
maxBufferSize="2147483647" maxBufferPoolSize="524288" maxReceivedMessageSize="2147483647"
messageEncoding="Text" textEncoding="utf-8" transferMode="Buffered"
useDefaultWebProxy="true">
<readerQuotas maxDepth="32" maxStringContentLength="2147483647" maxArrayLength="2147483647"
maxBytesPerRead="4096" maxNameTableCharCount="16384" />
<security mode="None">
<transport clientCredentialType="None" proxyCredentialType="None" realm="" />
</security>
</binding>
</basicHttpBinding>
<!-- RSF -->
<netTcpBinding>
<binding name="netTcpBinding_IBusinessService" closeTimeout="00:01:00"
openTimeout="00:01:00" receiveTimeout="00:10:00" sendTimeout="00:01:00"
hostNameComparisonMode="StrongWildcard"
maxBufferSize="2147483647" maxBufferPoolSize="524288" maxReceivedMessageSize="2147483647"
transferMode="Buffered">
<readerQuotas maxDepth="32" maxStringContentLength="2147483647" maxArrayLength="2147483647"
maxBytesPerRead="4096" maxNameTableCharCount="16384" />
<security mode="None">
<transport clientCredentialType="None"/>
</security>
</binding>
</netTcpBinding>
</bindings>
I start this service up in VS2010 and I am trying to connect to it from another VS2010 project. However I get the following error:
Could not find a base address that matches scheme net.tcp for the endpoint with binding NetTcpBinding. Registered base address schemes are [http]
Most solutions seem to recommend changes to the web.config in IIS virtual directory. But my Service is not hosted in IIS.
Any help will be much appreciated.
Thank you,
GM