South Western Railway enters into agreement with JSW for the transportation of iron ore 
News Updates

South Western Railway enters into agreement with JSW for the transportation of iron ore

South Western Railway (SWR) and JSW Minerals Rail Logistics have entered into an agreement on Friday for operation of five special type of wagons with 'side discharge' arrangement for unloading

PTI

New Delhi: South Western Railway (SWR) and JSW Minerals Rail Logistics Private entered into an agreement on Friday for operation of five special type of wagons with 'side discharge' arrangement for unloading, officials said.

It will be put to use for transportation of iron ore from the mines at Mineral Enterprises Ltd Siding, Sasalu and Swamihalli to the steel plant of JSW at Tornagallu. This is in addition to seven rakes for which agreement was signed on October 17, they said.

Public Sector's voice PSU Watch is now on Whatsapp Channels. Click here to join

In a statement, SWR officials said, "Total 12 BOBSNS (Bogie open hopper wagons with bottom discharge arrangement to carry ballast ores) rakes shall be procured by JSW Minerals Rail Logistics Private Limited. The rake is manufactured by Titagarh Rail System Limited, Kolkata and the first rake is expected to operate from April, 2024."

JSW Minerals Rail Logistics Private Limited is investing Rs 29.57 crore per rake. A rebate of 10 per cent is granted to the customer on base freight for every booking, it said.

"Introduction of BOBSNS wagon will ease out the unloading difficulty through wagon tippler or manually. The capacity of this rake is 3.5 percent more than the 59 BOXN rake and it will save about two hours unloading time per rake of goods compared to regular BOXN rakes," the statement added.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

Indian Oil's Niranjan Bhalerao going to be next Director (Finance) of GRSE

Air India pays compensation to 2/3rds of June 12 crash victims

Tata Steel receives Rs 1,902 crore demand notice over 'shortfall' in mineral dispatch from Odisha block

BEML secures $6.23 million export orders for mining equipment from the CIS Region

NBCC to lead Rs 44 crore campus expansion at Energy Institute Bengaluru, bolstering South India’s energy education hub