Railways to float another tender to procure steel

Railways to float another tender to procure steel

The Indian Railways has set in motion the process to procure 31 lakh tonne of steel as part of its massive drive for doubling and gauge conversion of railway tracks as well as for track renewals and laying of new lines in the next two years.

According to an official, the Railways had indicated a demand of 14 lakh tonne in 2018-19 and 17 lakh tonne in 2019-20. Responding to the demand, SAIL is likely to supply 10 lakh tonne during the current financial year and 12 lakh tonne in the next fiscal. However, because of the shortage in supply, the Railways may go in for a second global tender.

In India, there are only two steel companies which manufacture rails. The SAIL manufactures 260 metre-long rails at its Bhilai Steel Plant, while the Jindal Steel and Power Limited (JSPL) makes 121-metre-long rails at its Raigarh unit and can weld these rails up to 480 metre. Read More

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