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Home arrow Railway arrow Railways & RINL to set up new Rail Axle Manufacturing Factory in West Bengal
Railways & RINL to set up new Rail Axle Manufacturing Factory in West Bengal Print E-mail
Written by Anand   
Wednesday, 12 January 2011
New Delhi: The Ministry of Railways and Rashtriya Ispat Nigam Limited (RINL), a central Government PSU under Ministry of Steel, have signed a Memorandum of Understanding for setting up of a new Rail Axle Manufacturing Factory at New Jalpaiguri in West Bengal.

The project shall have state-of-art axle forging and machining facilities for manufacturing of rail axles. The axle manufacturing unit is expected to be commissioned and start production within two years.

The new plant will have the facility of forging and heat treatment of about 50,000 forged axles per year.

The new Axle manufacturing plant will be set up at New Jalpaiguri on Railway land to be leased to RINL for 30 years. RINL shall invest 100 per cent equity for this project. Ministry of Railways will provide assured off-take of 20,000 axles per annum. M/s. RINL shall also be permitted to manufacture other products in addition to the rail axles.

The foundation stone for this project was laid by Mamata Banerjee in September 2010 at New Jalpaiguri. The 300 crore project will manufacture and supply rail axels for BOX N wagons and others to meet the growing requirement of Indian Railways.

MECON Ltd has been appointed as a consultant for this project.

The MoU was signed in the presence of Member Mechanical, Railway Board, Shri Sanjeev Handa, Member Electrical, Railway Board, Shri Sudesh Kumar, Member Engineering, Railway Board, Shri A. P. Mishra and Secretary, Ministry of Steel, Government of India, Shri P.K.Misra. Shri Sanjeev Handa and Shri P.K.Bishnoi, CMD, RINL exchanged the MoU. The signatories to MoU included Shri Santosh Sinha, Director Mechanical Engineering (Works) on behalf of Ministry of Railways and Shri S. K. Polouse, Executive Director (Projects) on behalf of RINL.

This comes in pursuance of announcement made by the Minister of Railways, Mamata Banerjee, in the Railway Budget 2010-11 regarding setting up of such a factory to achieve self-sufficiency in axle manufacturing and eliminating present dependence on imports.

 
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