SAIL bags Rs 650cr rail supply orders

Steel Authority of India (SAIL) today said it has won two global tenders for supplying over 1.17 lakh tonne of rails worth Rs 650 crore.
The company in a statement said two global tenders totalling to Rs 650 crore were floated by Rail Vikas Nigam (RVNL) for major passenger railway line projects in the country.
SAIL would supply varieties of rails to RVNL for four important passenger railway line projects connecting Hospet-Tinaighat, Daund-Gulbarga, Titlagarh-Raipur and Sambalpur-Titlagarh.
The schedule for supply of the high quality (Grade 880 Class A) rails by SAIL would be completed within 18 months from the date of award of contract, the company said.

SAIL's flagship Bhilai Steel Plant (BSP), which had been supplying rails to the Indian Railways since its inception fulfilled total requirement of seven lakh tonne annually.
BSP was gearing up to meet all future requirements of the Railways, including head-hardened rails with ongoing Rs.17,265-crore modernisation and expansion programme.
Sail said work was progressing rapidly at BSP's new 1.2 million tonne per annum capacity plant.