Financial Daily from THE HINDU group of publications
Saturday, Dec 18, 2004

News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Logistics - 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.

More Stories on : Railways | Aluminium

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Stories in this Section
S-E Asian nations accept proposal on designation of airlines


Govt not to seek any extension on prices for IA's fleet acquisition
Govt to lay more thrust on port connectivity projects
Tax straw on the camel's back
DHL plans to set up quality control centre in Mumbai
Rlys plans to buy aluminium wagons, coaches
Proposal to build hybrid mono-rail for Bangalore
Ashok Leyland sets up logistics company



The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2004, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line