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FORGED WHEEL PLANT
ET Prime Special Series: Multibagger or IBC - Part 63: This engine parts maker is now chasing aerospace, defenceSome auto ancillary stories are best understood by products. This one is best understood by buckets. The first bucket is still old auto, an...
Auto ancillaries: The next few quarters may separate winners from hopefuls. 5 stocks, 3 with upside potential of up to 33%The EV shift has moved from ambition to execution. And for auto ancillaries, the next phase may decide who was genuinely preparing for the ...
ET Prime Special Series: Multibagger or IBC - Part 57: Forging firm that supplies Tata, M&M, JCB. Nobody talks about it enoughFor over four decades, one company has been making crankshafts quietly and precisely, supplying customers from Tata Motors to Liebherr to M...
Swiss company supplies Ukraine-made wheels to Indian RailwaysSwitzerland's KLW Wheelco has delivered 2,000 Ukrainian-made forged wheels to Indian Railways, marking the first such delivery since the Ru...
RINL seeks to sell 13.89 acres land in VisakhapatnamRashtriya Ispat Nigam Limited (RINL) has issued a request for proposals (RFP) for the sale of non-core surplus freehold land parcels at its...
RINL plans to trim its debt by selling UP wheel plant to RailwaysThe loan on RINL is estimated to be ₹22,000 crore and annual debt servicing obligation is around ₹3,000 crore. Visakhapatnam-based RINL is ...
Railways needs 80,000 wheels annually, initiate projects to become atmanirbhar: Ashwini Vaishnaw"Our requirement is 80,000 wheels. We have started a project under which we can make forged wheels up to 2.30 lakh. We will consume 80,000 ...
RINL hopes asset monetisation may garner Rs 3000-4000 crore"If we are able to fetch Rs 3000-4000 crore from the monetisation of the railway wheel plant and the land parcel at Vizag, it will help us ...
RINL aims to make 55,000 wheels in FY24 to meet Railways' demand: CMD Atul BhattState-owned steel manufacturer RINL plans to produce 55,000 wheels in the current financial year to meet demand from Indian Railways. RINL ...
Government looking to sell Rashtriya Ispat Nigam Ltd's forged wheel plantSenior government officials told ET that the proceeds of the plant's slump sale will be used to fund other projects of RINL. "This will be ...
Rail Ministry floats Rs 1000 crore tender to manufacture forged wheels“This is the first time that the Indian Railways has floated a tender to invite private players to build a wheel plant and make wheels for ...
RINL plant disruption behind wheels tender to Chinese company: Officials"While commercial operations of the plant commenced in September 2021, due to operational issues, the RINL plant is not being run as of now...
Steelmaker RINL flags off its first 51 loco wheels shipment to Indian RailwaysThe first dispatch of 51 loco wheels was flagged off to Lucknow workshop of the Indian Railways on Wednesday from FWP in Lalganj, Raebareli...
RINL to begin commercial production of forged wheels at UP plant this monthVisakhapatnam-based Rashtriya Ispat Nigam Ltd (RINL) has set up a plant in Rae Bareli at a cost of around Rs 1,680 crore, with a production...
Vizag Steel Plant's RINL produces first forged wheel from its Lalganj plantThe plant will have production capacity of 1,00,000 high speed wheels per annum. The plant will supply wheels to the Indian Railways in a m...
Visakhapatnam steel plant achieves a steelmaking milestoneThe new Caster is the prime source of raw material for the upcoming forged wheel plant at Rae Bareli in UP, which is scheduled to be commis...
Durgapur Steel Plant despatched the first consignment of wheels for Kolkata Metro todayThe design of Kolkata Metro wheel is critical due to its complex web profile, which is different from the existing products that are suppli...
RINL-Railways sign agreement for Rs 1100 crore rail wheel factory at RaebareliRINL and Indian Railways has signed a agreement to set up what is possibly the country's largest wheel plant.
Railways sign pact with RINL for wheel factory at Rae BareliThe plant will provide direct employment to 500-600 local people and an indirect employment opportunity to about 2,000 people.
- RINL signs Mou with Railways setting up forged wheel factory at Rae Bareli, UP
The factory will supply forged wheels to the Indian Railways and will have a capacity of producing 100,000 wheels every year.