MoneyWorks4Me

SAIL supplies 6.2 LT of rails to Indian Railways in 2016-17

27 Jul 2017 Evaluate

Steel Authority of India (SAIL) has supplied 6.20 lakh tonnes (LT) of rails to the Indian Railways in 2016-17. Initially for 2016-17, the railway board had placed a bulk indent on the company for supply of 6,24,516 tonnes of rails, which was met by the company and it supplied 6,20,049 tonnes of rails during 2016-17 to Indian Railways.

However, the enhanced requirement of Railways i.e. supply of 8.2 LT of rails during the year could not be met due to capacity constraints. But, with the ramping up of the new 1.2 million tonne Universal Rail Mill at Bhilai Steel Plant, the company has now capacity to meet additional demand of Indian Railways.

SAIL is India’s largest steel producing company. The company is among the five Maharatnas of the country’s Central Public Sector Enterprises. The company has five integrated steel plants, three special plants, and one subsidiary in different parts of the country.


Peers
Company Name CMP
JSW Steel 1245.00
Tata Steel 184.20
Steel Authority 174.55
Jindal Stainless 736.90
APL Apollo Tubes 2109.10
View more..