SAIL likely to start manufacturing of speciality rails in 2

Image
Press Trust of India Kolkata
Last Updated : Dec 01 2019 | 3:20 PM IST

State-run Steel Authority of India Limited (SAIL) is planning to commence manufacturing of special quality rails for high-speed train corridors and metro projects in the next two years, an official said.

The steel maker could start making of the speciality rails at its Bhilai Steel Plant (BSP) in Chhattisgarh and IISCO Steel Plant at Burnpur in West Bengal, he said.

"We expect to commence head (hardened) rail project in two years. However, it is now in the planning stage. The capacity and investments have not been firmed up," SAIL's Bhilai Steel Plant CEO Anirban Dasgupta told PTI.

With more strength than the normal rails, the speciality product is used in metro rail projects and high speed train corridors.

"Feasibility studies will be carried out at BSP and Burnpur plant as only one facility will not be enough for SAIL, given the projected demand. The project would help for substituting imports," Dasgupta said.

He said the steel maker is in the process of hiring a consultant to carry out the feasibility studies.

According to reports, Indian Railways' track modernisation programme will require at least one million tonnes of head-hardened rails in the next four-five years.

New metro rail projects in the country alone will spur demand for at least 500,000 tonnes of the speciality rails in the next couple of years.

The capacity of the Bhilai plant has been ramped up to produce two million tonnes normal rails from 0.8 million tonnes per annum after modernisation, Dasgupta said

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Dec 01 2019 | 3:20 PM IST

Next Story