New Delhi: Work for setting up a modern
wagon manufacturing unit in West Bengal begins tomorrow in the
presence of Railway Minister Mamata Banerjee and Steel
Minister Virbhadra Singh.
Situated at the premises of SAIL Growth Works at Kulti in
Bardhaman district, the Bengal Wagon Industry is a joint
venture between Railway Ministry and Steel Ministry.
The proposal for setting up a new factory on a joint
venture model was announced in the Rail Budget 2010-11.
Railways had signed an agreement with the Steel Ministry
for setting up the factory last month.
Aiming to cater to the growing demand for wagons, the
factory will manufacture modern stainless steel wagons
including specialised wagons and will have a capacity of 1500
wagons per year.
The factory will also have the capacity to manufacture
BOXN-type wagons, including specialised high-end wagons and
modern stainless steel wagons with marginal investment in
plant and machinery.
The project cost is envisaged to be around Rs 85 crore in
Phase-I going upto Rs 120 crore in Phase-II.