TEL RECOGNIZED AS THE WINNER OF THE “SPECIAL JURY’ AWARD AT THE ENERGY EXCELLENCE MEET, CONDUCTED BY THE ASSOCIATED CHAMBER OF COMMERCE AND INDUSTRY OF INDIA (ASSOCHAM)
Tuaman Engineering Limited (TEL) was given the Special Jury Award for their overall contribution to the Railways sector.
Railways are responsible for handling majority of freight used by thermal power plants and TEL supports their cause by refurbishing and upgrading existing wagons. TEL entered the business of wagon refurbishment and has worked with Indian Railways as well as other Govt. of India undertakings such as Burn Standard Company Limited, Braithwaite & Co. Ltd, RITES Ltd., SAIL-RITES Bengal Wagon Industry Private Limited and Indian Railways.
The company specializes in repairing various kinds of wagons, as a substitute for their Periodic Overhaul (POH), which are used for carrying heavy load freights. The types of wagons that TEL currently refurbishes includes:
- BOXN – Due to continuous loading and unloading, the body parts of these wagons get damaged, while the frames remain intact. By repairing the body, we add approximately another 5 years to the lifespan of these wagons.
- BOXNR – The damage caused to these wagons are similar to that of BOXN wagons. However, refurbishment is done is such a manner that these wagons become as good as new.
- BOXNHL – We add approximately 5 years to the lifespan of these wagons by refurbishing them at a cost of approx. 10% of their overall manufacturing cost
By refurbishing wagons, used to carry heavy load freights, at costs much lesser than their POH Costs, TEL has not only saved considerable capital expenditure for Indian Railways but also helped them to reduce the downtime during overhaul thereby saving opportunity costs/possible revenue losses. The downtime of a wagon is approximately 3-4 days as compared to 30-90 days in cases of POH.
Till date TEL have refurbished over 16,000 wagons and saved more than Rs. 1,500 crores in manufacturing costs. We also boast of a strong order book consisting of refurbishment order for more than 15,000 wagons which would save another Rs 1,723 crores for the Indian Railways over the next few years.