Blog Entry# 2338711
Posted: Jul 01 2017 (14:39)
Last Response: Jul 01 2017 (14:39)
Commentary/Human InterestJul 01 2017 (07:47) Indian Railways safety overhaul at risk due to rail shortage: Documents
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NEW DELHI: A planned $15 billion safety overhaul of ageing rail network is facing delays as the country's state steel company is unable to meet demand for new rails, according to two government documents seen by Reuters.
State-owned Steel Authority of India Ltd (SAIL) has promised to meet only around 78 per cent of demand in the year to end-March 2018, prompting Indian Railways to escalate the problem to the office of Prime Minister Narendra Modi, communications between the railways and the steel ministry show.
The shortfall means upgrades of the...
SAIL does not have monopoly in rail production, Jindal Steel Raigarh also produce rails since many years.
After the recently commissioned new rail mill in Bhilai plant of SAIL gets stabilised, there should not be any shortage of rails for long time
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