NEW DELHI. Steel Authority of India Limited (SAIL), a Maharatna CPSE, has signed a Memorandum of Understanding (MoU) with Rail India Technical and Economic Service (RITES), a Navratna CPSE, to strengthen logistics and operational efficiency across SAIL’s plants and mines. SAIL operates a dedicated mini rail network within its premises to facilitate seamless movement of raw materials, in-process transfers and finished products, making effective maintenance of its diesel locomotive fleet—along with wet-leased locomotives—crucial for uninterrupted operations and future capacity expansion. As Indian Railways transitions towards electric locomotives, RITES continues to offer specialized expertise in diesel locomotive operations and maintenance, supported by access to Indian Railways’ facilities, spares and skilled manpower, positioning it well to meet SAIL’s operational needs. This collaboration will enable both organizations to focus on their core strengths, optimize costs, enhance operational efficiency and contribute to reducing the carbon footprint. The MoU was signed by Shri P.K. Baisakhiya, Executive Director (Operations), SAIL, and Shri Sandeep Jain, Executive Director (Technical Services), RITES, in the presence of senior officials from both organizations.
SAIL and RITES Sign MoU for Diesel Locomotive Leasing and Maintenance
