Real Assets
SAIL had been widely criticised over short-supply of steel, compared to its yearly contracts with railways. : The Indian Railways is likely to float a fresh tender to procure rail of 200,000 tonnes worth over Rs 10 billion, to meet the targets on its safety-related works such as track renewal. This comes after the national transporter placed a developmental order of Rs 5.36 billion for 100,000 tonnes rail on Jindal Steel and Power (JSPL) as part of a global tender.

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