SAIL Signs MoU With RITES To Boost Logistics & Operational Efficiency

New Delhi, Feb 2 (KNN) Public sector Steel Authority of India (SAIL) has signed a Memorandum of Understanding (MoU) with rail PSU RITES to strengthen logistics and operational efficiency across SAIL’s plants and mining operations.

SAIL operates a dedicated internal rail network within its plant and mine premises to facilitate the movement of raw materials, intermediate products, and finished steel. 

The maintenance and availability of its diesel locomotive fleet, including locomotives taken on wet lease, are critical to sustaining operations and supporting planned capacity expansion.

With Indian Railways progressively transitioning towards electric traction, RITES continues to provide specialised expertise in diesel locomotive operations and maintenance. 

Leveraging access to Indian Railways’ facilities, spare parts, and skilled manpower, RITES is expected to support the upkeep and reliability of SAIL’s diesel fleet.

According to the companies, the collaboration will allow both organisations to focus on their core competencies, optimise costs, enhance operational efficiency, and contribute to reducing the overall carbon footprint. 

The MoU was signed by P.K. Baisakhiya, Executive Director (Operations), SAIL, and Sandeep Jain, Executive Director (Technical Services), RITES, in the presence of senior officials from both organisations.

(KNN Bureau)