8 Bidders In Race For Indian Railways First Global Tender To Supply 487,000 Tonnes Of Rails

8 Bidders In Race For Indian Railways First Global Tender To Supply 487,000 Tonnes Of Rails

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Date of Post: 23 Dec, 2017

New Delhi: Japanese trader Sumitomo Corp & India’s JSPL (Jindal Steel & Power Ltd) are among 8 bidders competing for Railways first global tender to supply 487,000 tonnes of rails, a government official told Reuters. The tender was opened earlier on Friday.

According to the official, the 8 bidders are-

  • JSPL (Jindal Steel & Power Ltd)
  • Japanese trader Sumitomo Corp
  • East Metals AG, a unit of Russian steel and coal producer Evraz
  • Austrian company voestalpine Schienen
  • CRM Hong Kong Trading Ltd
  • New Delhi-based Atlantic Steels
  • French company British Steel France Rail
  • China-based Angang Group International.

More Information:

  • As per an MoU, state-run Steel Authority of India (SAIL) is, currently, the only company supplying rails to the Indian Railways.
  • SAIL manufactures 260-metre long rails at its Bhilai Steel Plant (BSP) in Chhattisgarh.

    Image Credit: Debashis.jena16 – Wikipedia

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