SAIL and RITES sign MoU for diesel locomotive leasing and maintenance
Steel Authority of India Limited (SAIL) signed an MoU with RITES on 2 February 2026 for leasing and maintenance of diesel locomotives at its plants and mines.
Summary
Steel Authority of India Limited (SAIL), a Maharatna CPSE, signed a Memorandum of Understanding with RITES, a Navratna CPSE, on 2 February 2026 for leasing and maintenance of diesel locomotives. SAIL runs a dedicated mini rail network inside its plants and mines and depends on its own diesel fleet plus wet-leased locomotives. As Indian Railways shifts to electric locomotives, RITES will bring its diesel operations and maintenance expertise, along with access to Railways' facilities, spares and skilled manpower.
Key facts
- Date
- 2 February 2026
- SAIL
- Maharatna CPSE
- RITES
- Navratna CPSE
- Purpose
- Diesel locomotive leasing and maintenance for SAIL plants and mines
Practice MCQs 1 questions
SAIL signed an MoU with RITES on 2 February 2026 mainly for what?
Show answer
Correct answer: A — Leasing and maintenance of diesel locomotives
The MoU covers diesel locomotive leasing and maintenance for SAIL's internal rail network at plants and mines.