SAIL has entered into a long-term tariff contract (LTTC) with railways involving 15 zones for loading and unloading terminals. Different commodities applicable to the contract include iron and steel, pig iron, slag, limestone, dolomite and manganese ore with a benchmark gross freight revenue (BGFR) of Rs 3,417.74 crore and with corresponding tonnage of 19.3 million tonnes (MT) effective from September. At present this is the highest LTTC agreement in terms of Gross Freight Revenue of Railways.
Steel Authority of India (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.
