NEW DELHI : Indian Railways (IR) has signed a significant agreement with a joint venture of the state-owned companies Steel Authority of India (SAIL) and Rail India Technical and Economic Service (RITES), this is reported by the railway transport news portal Railway Supply.
The contract, worth ₹8.2 billion ($99 million), provides for the delivery of 2,000 new open wagons by the end of 2024. These wagons were specially designed for IR by the Indian steel company Jindal Rail.
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