LTTC agreement signed between SAIL, Railways
The agreement was signed in the presence of senior officers of Railways and SAIL. in the office of CCM of SE Rly at Kolkata.
The agreement was inked by Kaushik Mukhopadhyay, CCM, SE Rly on behalf of Railways and by Debabrata Maiti, GM (Rail Movement) on behalf of SAIL and is valid for a period of three years.
SAIL is one of the premier customers of Indian Railways, having a rail coefficient of over 95%.
This agreement involves as many as Fifteen Zones of Indian Railways for loading and unloading terminals, with different commodities applicable to LTTC, viz, Iron & Steel, Pig Iron, Slag, Limestone, Dolomite, Manganese Ore etc. with a Benchmark Gross Freight Revenue (BGFR) of Rs.3,417.74 Crores and with corresponding tonnage of 19.3MT effective from 1st Sept’2017. At present this is the highest LTTC agreement in terms of Gross Freight Revenue of Railways.
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