SAIL RSP commenced operation of LSFTO rake
New Delhi: Steel Authority of India Limited Rourkela Steel Plant (RSP) has commenced the operation of the LSFTO (Liberalised Special Freight Train Operator) rake. Mr. Atanu Bhowmick flagged off the first LSFTO rake provided on a contract basis by DP World India. RSP had signed a contract with DP World for the operation of six dedicated BFNS 22.9 rakes on a lease-and-operate basis.
The Contract is a first-of-its-kind logistic arrangement by any PSU to strengthen its logistics to the next level with a dedicated rake supply.
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The dedicated LSFTO Rakes will play a pivotal role in transporting RSP's high-quality steel from plant to customers, ensuring a streamlined and efficient supply chain connecting all rail terminals across Indian Railways, including SAIL terminals. In the customised wagons, load adjustment can be planned better to reduce dead freight.
The number of despatchable steel rakes will increase leading to additional sales turnover of the company. Less time to secure the products, zero demurrage payment on loading and unloading of rakes and savings due to less ideal freights are some other major financial benefits.
Read Also : NTPC Included in TIME World’s Best 1000 Companies 2025 ListThe inbuilt lashing mechanism will reduce the loading, metal saddle and lashing cost substantially, while the use of wooden dunnage will be completely eliminated thereby reducing the carbon footprints.
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