Financial Daily from THE HINDU group of publications Saturday, Dec 18, 2004 |
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Logistics
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Railways Rlys plans to buy aluminium wagons, coaches Our Bureau
New Delhi , Dec. 17 FOLLOWING increase in steel price which may increase the expenditure of Railways by "Rs 400 crore" this fiscal, the Railways plans to procure 240 wagons and 60 coaches made of aluminium. The Minister of State for Railways, Mr R. Velu, stated that an order has also been given to manufacture prototype of aluminium wagon, while replying to questions in the Rajya Sabha. He said Railways will have to incur an estimated extra expenditure of about Rs 400 crore on procurement of steel due to increase in steel prices. He said it has also been decided to manufacture aluminium wagons, in a limited way, and plans to get 750 four-wheeler units of aluminium wagons manufactured during 2005-06. He added global tenders are planned for procurement of 200 wagons and 60 coaches made of aluminium from abroad.
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