Private Sector

Railways engaged 2 pvt firms to supply rails as SAIL couldn’t meet demand

Railways engaged 2 pvt firms to supply rails as SAIL couldn't meet demand

Railways engaged 2 pvt firms to supply rails as SAIL couldn’t meet demand

Railways engaged 2 pvt firms to supply rails as SAIL couldn’t meet demand – The Railways drew in two privately owned businesses to supply rails during 2015-2017 and 2018-2020, the parliament was informed on Wednesday. In a composed answer in Lok Sabha, Union Railway Minister Piyush Goyal said the need to draw in privately owned businesses emerged on the grounds that the Steel Authority of India Limited (SAIL), the ordinary provider of rails to Indian Railways (IR), couldn’t meet the full prerequisite of the public transport from 2015-16 to 2019-20.

Two formative orders were set on M/s Jindal Steel and Power Limited (JSPL). One for the inventory of 1.26 Lakh Metric Ton (MT) was put by IR and another for the stock of 0.89 Lakh MT was put by Rail Vikas Nigam Limited (RVNL).

“Since SAIL was not assembling Head Hardened rails, RVNL granted a request for the inventory of 6,700 MT to M/s East Metal AG and a formative request for the stock of 3,000 MT to M/s JSPL,” he said.

Goyal likewise informed the House that 17.7 km tracks were set down each day in 2017-2018 and 21.04 km tracks were set down each day in 2020-2021 up to February.

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