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16 Dec
11:02

Tata taps Angul Sukinda Railway for logistics requirements

Tata Steel (TSL) has executed a long-term agreement with Angul Sukinda Railway (ASRL) for the construction, operation and maintenance of an alternate railway line. The tenure of the agreement is 20 years, aimed at fulfilling the logistical requirements of the steel company, Kallanish notes. “TSL will be funding the entire expenditure of INR 400 crore [$52.55 million] in a phased manner for construction of the additional rail line,” says Tata Steel. &ld…
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