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SAIL adds rail capacity to retain key business

Steel News - Published on Fri, 21 Apr 2017

Image Source: The Hindu
Hindu reported that faced with the prospect of losing exclusivity in the supply of rails to the Indian Railways, the Steel Authority of India Ltd’s Bhilai Steel Plant has added a Universal Rail Mill as part of its effort to scale up capacity at BSP to 7 million tonnes of crude steel per annum.

Mr Vijay Mairal, BSP’s deputy general manager (public relations) said that “The URM, which has the capacity to produce 1.2 million tonnes of rails per annum, would help the company to meet the increasing demand of Indian Railways for more volume of 260-metre rails. SAIL would be in a position to supply about 2 million tonnes of rails to the railways annually which will be the largest rail production capacity in any steel plant globally.”

The Indian Railways has invited global expressions of interest for the supply of rails as part of its plan to renovate the track network and improve operational safety. The vast state rail operator, which is undergoing a USD 130 billion, five year overhaul to modernise the world's fourth-largest network, is set to open up annual purchases worth up to USD 700 million to the private sector, Reuters reported last month, citing sources.

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Posted By : Rabi Wangkhem on Fri, 21 Apr 2017
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