TM International Logistics Limited has received sanction to procure three rakes of special wagons with a 22.9-tonne axle load under the Special Freight Train Operator (SFTO) scheme.
A rake consists of a set of wagons or coaches.
The scheme was introduced to increase the rail share of non-traditional commodities such as coils, molasses, fly ash, edible oil, caustic soda, chemical, petrochemicals, alumina and bulk cement.
Specially designed 22.9-tonne axle load wagons are required for moving cold rolled steel coils , which are susceptible to damage in ordinary wagons.
These wagons will have an approximately 19 per cent higher payload of 64.89 tonnes.
The rakes will move between two sidings of Tata Steel in Chakradharpur division of South Eastern Railway and Chennai division of Southern Railway.
For each loading, a freight rebate of 12% will be granted for 20 years at the time of booking.
A release said that this rake will be a winning proposition for Indian Railways and Tata Steel in terms of assured and dedicated traffic and incremental business.