With the concerted efforts by all the Railways, total scrap sales till December 2017 of current financial year has reached to Rs. 1837 crores which is 22% higher than the corresponding sales of Rs. 1503 crores upto December 2016 of the year 2016-17.
Indian Railways have been selling its internally generated scrap entirely through online e-auction. Majority of the scrap material comprises of worn-out rails and track fittings released from track renewal/gauge conversion, steel scrap generated in course of overhaul /repairs of rolling stocks, other non-ferrous and miscellaneous scrap.
The e-auction module is part of the IREPS (Indian Railways E-Procurement System) which is a single portal of Indian Railways handling all procurements tenders and e-auctions digitally. All the Zonal Railways and Production Units use this single platform for online sales of scrap. Monthly on an average, 200 e-auctions are conducted by Materials Managers in Divisions and Stores Depots spread all over Indian Railways. Auction schedules and details of saleable materials are published regularly on IREPS website & updated online. The endeavor shall be continued so as to achieve the task of Zero scrap balance by end of March 2018.
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