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Tata Steel signs long term tariff contract with Indian Railways

| | Jul 15, 2017, at 01:08 am
New Delhi/ Kolkata, July 14 (IBNS): Tata Steel became the first steel company to enter into a Long Term Tariff contract (LTTC) with Indian Railways here today.

Suresh Prabhakar Prabhu, Minister for Railways, senior officials of the Railway Board, and Sudhansu Pathak, Vice President, Steel Manufacturing, Tata Steel, among others, were present at the LTTC signing ceremony that was held at the Rail Bhawan here.

LTTC has been introduced by Indian Railways to establish long-term contracts with customers with guaranteed incremental revenue for Indian Railways.

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