RITES & SAIL sign MoU for loco leasing & maintenance services

RITES Limited, a leading Transport Infrastructure Consultancy and Engineering firm, has signed a Memorandum of Understanding (MoU) with Steel Authority of India Limited (SAIL). The MoU provides a framework for collaboration to support SAIL’s plants and mines through specialised railway services, including wet leasing of locomotives and higher schedule maintenance of SAIL-owned diesel-electric locomotives. The collaboration aims at enhancing efficiency, reliability, and safety of SAIL’s in-house railway systems, while enabling SAIL to focus on its core steel production operations. RITES has been supporting SAIL plants for over two decades and the MoU formalises a long-term engagement to strengthen rail-based logistics critical to SAIL’s expanding steel production capacity.