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News Entry# 552093
May 14 (19:21) SAIL-RITES JV to Manufacture 2,000 BOXNHL Wagons for Indian Railways
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Indian Railways Awards Rs 818 Crore Wagon Contract to SAIL-RITES Joint Venture

Steel Authority of India Limited (SAIL) and Rail India Technical and Economic Service (RITES) have formed a joint venture, SAIL-RITES Bengal Wagon Industry Pvt. Ltd. (SRBWIPL), to manufacture 2,000 Bogie Open Wagons (BOXNHL) for Indian Railways. This contract, valued at Rs 817.74 crore, was awarded in late April 2024 and is...
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expected to be completed by June 30, 2026. Both SAIL and RITES hold 50% equity in SRBWIPL. The project is part of the Indian Railways' larger plan to increase rolling stock acquisition, with a budget of Rs 41,086.09 crore for the 2024-25 fiscal year. These new wagons are expected to improve the efficiency and capacity of India's rail network, especially for transporting coal and iron ore.

Steel Authority of India Limited (SAIL) aur Rail India Technical and Economic Service (RITES) ne ek joint venture banaya hai, SAIL-RITES Bengal Wagon Industry Pvt. Ltd. (SRBWIPL), jiska kaam 2,000 Bogie Open Wagons (BOXNHL) Indian Railways ke liye banaana hai. Ye contract, jiska value Rs 817.74 crore hai, April 2024 ke...
more...
last week mein diya gaya tha aur June 30, 2026 tak complete hone ki ummeed hai. SAIL aur RITES dono SRBWIPL mein 50% equity rakhte hain. Ye project Indian Railways ki rolling stock acquisition plan ka part hai, jiska budget 2024-25 fiscal year mein Rs 41,086.09 crore hai. Ye new wagons India ke rail network ki efficiency aur capacity ko improve karenge, khass karke coal aur iron ore transport karne mein.
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