|Indian Railways News =>||Topic started by RailEnquiry Admin on Jul 17, 2017 - 10:42:15 AM|
Title - TATA steel became the first company to sign a long-term contract with Indian RailwaysPosted by : RailEnquiry Admin on Jul 17, 2017 - 10:42:15 AM
In a first of its kind pact, Tata steel has signed a long term tariff contract with Indian Railways. Tata has become the first company in steel sector to sign such a long term pact.
In a statement TATA said, "Tata Steel became the first steel company to enter into a long-term tariff contract (LTTC) with Indian railways here today."
To guarantee incremental revenue for Indian Railways LTTC has been introduced by Indian Railways which will allow long-term contracts with customers.
LTTC main objectives –