SAIL RITES JV bags Rs 818 crore Railways wagon order
RAILWAYS & METRO RAIL

SAIL RITES JV bags Rs 818 crore Railways wagon order

SAIL RITES, a joint venture between Steel Authority of India (SAIL) and RITES, has secured a substantial order worth Rs 818 crore from the Indian Railways for the supply of wagons. This significant development underscores the collaborative efforts of public sector enterprises in bolstering the country's rail infrastructure.

The contract, awarded by the Indian Railways, entails the supply of 1,800 wagons, including high-capacity parcel vans and general purpose wagons, over a period of two years. This procurement initiative is part of the Indian Railways' ongoing efforts to enhance freight transportation capacity and efficiency across its network.

The partnership between SAIL and RITES brings together the manufacturing prowess of SAIL, one of India's leading steel producers, with the technical expertise and project management capabilities of RITES, a renowned engineering consultancy firm. This synergistic collaboration enables the joint venture to offer high-quality, cost-effective solutions tailored to the specific requirements of the Indian Railways.

The wagons to be supplied under this contract are designed to meet the evolving needs of the Indian Railways, catering to diverse cargo types and operational requirements. With a focus on durability, reliability, and performance, these wagons are expected to contribute significantly to the efficient movement of goods across the railway network.

Commenting on the contract award, officials from SAIL RITES emphasized the joint venture's commitment to delivering value-added solutions that align with the Indian Railways' vision for modernizing its freight transportation infrastructure. They highlighted the role of indigenous manufacturing and engineering capabilities in supporting the government's 'Make in India' initiative and promoting self-reliance in critical sectors.

The order win further consolidates SAIL RITES' position as a preferred partner for the Indian Railways, reflecting the trust and confidence reposed by the national transporter in the joint venture's capabilities. It also underscores the continued momentum in railway infrastructure development and the pivotal role played by public sector enterprises in driving this progress.

Additionally, the contract is expected to have positive implications for the domestic manufacturing ecosystem, generating employment opportunities and fostering economic growth. By leveraging its manufacturing facilities and engineering expertise, SAIL RITES aims to execute the project efficiently and contribute towards strengthening India's railway infrastructure.

SAIL RITES, a joint venture between Steel Authority of India (SAIL) and RITES, has secured a substantial order worth Rs 818 crore from the Indian Railways for the supply of wagons. This significant development underscores the collaborative efforts of public sector enterprises in bolstering the country's rail infrastructure. The contract, awarded by the Indian Railways, entails the supply of 1,800 wagons, including high-capacity parcel vans and general purpose wagons, over a period of two years. This procurement initiative is part of the Indian Railways' ongoing efforts to enhance freight transportation capacity and efficiency across its network. The partnership between SAIL and RITES brings together the manufacturing prowess of SAIL, one of India's leading steel producers, with the technical expertise and project management capabilities of RITES, a renowned engineering consultancy firm. This synergistic collaboration enables the joint venture to offer high-quality, cost-effective solutions tailored to the specific requirements of the Indian Railways. The wagons to be supplied under this contract are designed to meet the evolving needs of the Indian Railways, catering to diverse cargo types and operational requirements. With a focus on durability, reliability, and performance, these wagons are expected to contribute significantly to the efficient movement of goods across the railway network. Commenting on the contract award, officials from SAIL RITES emphasized the joint venture's commitment to delivering value-added solutions that align with the Indian Railways' vision for modernizing its freight transportation infrastructure. They highlighted the role of indigenous manufacturing and engineering capabilities in supporting the government's 'Make in India' initiative and promoting self-reliance in critical sectors. The order win further consolidates SAIL RITES' position as a preferred partner for the Indian Railways, reflecting the trust and confidence reposed by the national transporter in the joint venture's capabilities. It also underscores the continued momentum in railway infrastructure development and the pivotal role played by public sector enterprises in driving this progress. Additionally, the contract is expected to have positive implications for the domestic manufacturing ecosystem, generating employment opportunities and fostering economic growth. By leveraging its manufacturing facilities and engineering expertise, SAIL RITES aims to execute the project efficiently and contribute towards strengthening India's railway infrastructure.

Next Story
Technology

Building Faster, Smarter, and Greener!

Backed by ULCCS’s century-old legacy, U-Sphere combines technology, modular design and sustainable practices to deliver faster and more efficient projects. In an interaction with CW, Rohit Prabhakar, Director - Business Development, shares how the company’s integrated model of ‘Speed-Build’, ‘Smart-Build’ and ‘Sustain-Build’ is redefining construction efficiency, quality and environmental responsibility in India.U-Sphere positions itself at the intersection of speed, sustainability and smart design. How does this translate into measurable efficiency on the ground?At U..

Next Story
Infrastructure Transport

Smart Roads, Smarter India

India’s infrastructure boom is not only about laying more kilometres of highways – it’s about building them smarter, safer and more sustainably. From drones mapping fragile Himalayan slopes to 3D machine-controlled graders reducing human error, technology is steadily reshaping the way projects are planned and executed. Yet, the journey towards digitisation remains complex, demanding not just capital but also coordination, training and vision.Until recently, engineers largely depended on Survey of India toposheets and traditional survey methods like total stations or DGPS to prepare detai..

Next Story
Real Estate

What Does DCPR 2034 Mean?

The Maharashtra government has eased approval norms for high-rise buildings under DCPR 2034, enabling the municipal commissioner to sanction projects up to 180 m on large plots. This change is expected to streamline approvals, reduce procedural delays and accelerate redevelopment, drawing reactions from developers, planners and industry experts about its implications for Mumbai’s vertical growth.Under the revised DCPR 2034 rules, buildings on plots of 2,000 sq m or more can now be approved up to 180 m by the municipal commissioner, provided structural and geotechnical reports are certified b..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?