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SWR & JSW Minerals Rail Logistics Private Limited enter MoU for operation of 7 rakes

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Mysuru: An agreement has been entered into between South Western Railway (SWR) and JSW Minerals Rail Logistics Private Limited on Tuesday for operation of seven BOBSNS (Hopper wagon), Special Type of Wagon with side discharge arrangement for unloading / loading of Iron Ore from the mines at Mineral Enterprises Ltd siding, Sasalu & Swamihalli to the steel plant of JSW at Toranagallu, Ballari district.

This is the first kind of agreement in SWR. The rake is manufactured by M/s Titagarh Rail System Limited, Kolkata and the first rake is expected to be operative from April-2024.

M/s JSW Minerals Rail Logistics Private Limited is investing Rs. 29.57 Cr per rake. A rebate of 10% is granted to the customer on base freight for every booking. Introduction of BOBSNS (Hopper wagon) will ease out the unloading difficulty through wagon tippler or manually.

The agreement has been signed by A Sundar, Chief Commercial Manager/Freight Marketing, SWR and Sushil Nowal, Executive Vice-President (Planning and Logistics)/JSW in the presence of Satya Prakash Shastri, Principal Chief Commercial Manager, SWR, Aravinda Herle G, Deputy Chief Commercial Manger/Freight Service/SWR and Manhohan Shetty, General manager, Logistics/JSW.

General Manager, SWR Sanjeev Kishore has stated that SWR is committed to extend full support to its customers and expressed hope that this agreement will enable higher quantum of Iron Ore transport with more efficiency.

South Western Railway & JSW Minerals Rail Logistics Pvt LTd have entered into an agreement under General Purpose Wagon Investment Scheme, for operation of 7 specialised hopper wagons to load & unload Iron Ore. This scheme of Indian Railways enables the freight customer to invest in leasing of Wagons and offers a rebate on freight thereby incentivising transportation of bulk cargo by rail.

The customer benefits by having ready availability of wagons, lesser freight cost. In the long term, by enabling modal shift from road to rail, policies such as GPWIS have the potential to strengthen the supply chain for the ‘core sector’ industries in the country, and effect the reduction of logistics cost, according to Aneesh Hegde,
Chief Public Relations Officer, South Western Railway, Hubballi.

– Team Mysoorunews 

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