Indian Railways to set up wheel factory at
Raebareli
PTI Dec
2, 2012, 11.24AM IST
·
NEW
DELHI: After the formal commissioning of a rail coach factory at Raebareli, Railways has firmed up
plans to set up another plant, a wheel factory, in the Congress president's
constituency.
"We
are finalising the proposal to set up a wheel factory at Raebareli. The plant
will be a joint venture with Rashtriya Ispat Nigam Limited (RINL)," a senior Railway
Ministry official involved with the project said.
The proposed Rs 500 crore wheel
factory is expected to be announced in the 2013-14 Rail Budget by Railway
Minister Pawan Kumar Bansal.
"We
are in discussion with the RINL for setting up the wheel factory near
the rail coach unit at Raebareli," the official said, adding, "RINL
will invest money, while Railways will provide
land and other facilities like water and electricity."
The
coach factory, a big-ticket project, was commissioned a few weeks after the
Congress got the Railway Ministry after nearly 16 years. The rail coach and
wheel factories in Raebareli are expected to generate job
opportunities in the area.
RINL is also setting up an axle
factory at New Jalpaiguri and an MoU has been signed with the Railway Ministry
for it About the availability of land for the wheel plant, he said, "A
portion of the existing land at Rail Coach Factory will be utilised. Some more
land can also be acquired near the factory."
Railways had acquired 541
hectares of land for the modern rail coach factory, of which 283 hectares
belonged to private land owners. Raebareli wheel plant is expected to produce
50,000 wheels in a year for coaches, wagons and locomotives. There are two
wheel factories at Durgapur and Bangalore.
Railways requires more than
three lakh wheels a year for its ever increasing number of trains. Currently,
it depends upon import of wheels from China and Europe to meet its requirement
as domestic production falls short of the total target.
Besides Raebareli, another
wheel factory at Chhapra is also going to be operational shortly. The Rs 1,500
crore Chhapra wheel plant is being equipped to manufacture about one lakh
wheels per year.
Once Chhapra and Raebareli
wheel plants become functional, Railways will not have to depend on imports
anymore, said the official.
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