10,061.5582.45
Stock Analysis, IPO, Mutual Funds, Bonds & More

SAIL Bhilai Plant records a 42% growth in production of prime 260 m rail panels

During the same period, the plant also posted a 30% growth in overall production of prime rails. Bhilai Steel Plant, which supplies rails to the Indian Railways, ended the fiscal 2019-20 with a cumulative production of 12.85 lakh tonne of UTS 90 prime rails, thereby registering a growth of 30% over the volume of prime UTS 90 rails produced over 2018-19.

, ET Bureau|
Last Updated: Apr 01, 2020, 02.52 PM IST
0Comments
SAIL
The 260 metre rail panels provide a significant advantage of having fewer welded joints in the tracks, thereby improving safety and increasing speed.
KOLKATA: Steel Authority of India's (SAIL) Bhilai Steel Plant recorded a 42% growth in production of prime 260 metre long rail panels in 2019-20 over 2018-19. During the same period, the plant also posted a 30% growth in overall production of prime rails.

Bhilai Steel Plant, which supplies rails to the Indian Railways, ended the fiscal 2019-20 with a cumulative production of 12.85 lakh tonne of UTS 90 prime rails, thereby registering a growth of 30% over the volume of prime UTS 90 rails produced over 2018-19 when the plant had produced 9.85 lakh tonne of UTS 90 prime rails.

Significantly, the share of 260 metre panel rails in total production of UTS 90 prime rails in 2019-20 also went up to 52% from 48% in 2018-19. Cumulative production of long rails in fiscal 2019-20 has been 6.66 lakh tonne as against 4.68 lakh tonne over 2018-19 resulting in a growth of 42%.

Anil Kumar Chaudhary, chairman, SAIL, said SAIL is committed to fulfil the requirements of Indian Railways, adding, "SAIL and Indian Railways share a synergy of more than sixty years. We are continuously ramping up our production of rails, especially the long rails to cater to requirements of Indian Railways."

The 260 metre rail panels provide a significant advantage of having fewer welded joints in the tracks, thereby improving safety and increasing speed.

SAIL-BSP has been producing rails for Indian Railways for more than six decades from its Rail & Structural Mill (RSM) and the new Universal Rail Mill (URM) that has been rolling out the world’s longest 130 metre rail as single piece. Both RSM and URM supply UTS 90 prime rails in length upto 260 metre to Indian Railways.

Cumulative production of UTS 90 prime rails from the new state-of-the-art Universal Rail Mill in 2019-20 touched 5.38 lakh tonne, a 46% growth over URM's production of 3.69 lakh tonne in 2018-19. Cumulative production of UTS 90 prime rails from Rail & Structural Mill in 2019-20 touched 7.47 lakh tonne, registering a 21% increase over production of 6.16 lakh tonne in 2018-19.



(Catch all the Business News, Breaking News Events and Latest News Updates on The Economic Times.)

Also Read

ITC restarts cigarette production

Ashok Leyland resumes production

Celkon forays into healthcare products

Tata Consumer Products distributors to join as sellers on Flipkart, enable availability of products

Mineral production in India flat in March

Comments
Add Your Comments
Commenting feature is disabled in your country/region.

Other useful Links


Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service