Tata Steel has won a contract to supply rail tracks and steel sleeper plates to UK-based Network Rail for at least five years.
Network Rail, the company set up to operate and maintain Britain's rail infrastructure, has chosen to source more than 95 per cent of its rail from Tata Steel until 2019, with the option to extend this deal until 2024.
Tata's plant at Scunthorpe, which produces steel for construction and infrastructure, is the current supplier to Network Rail.
The company has invested over £160 million (approx Rs 1,590.4 crore) in its advanced rail manufacturing facilities at Scunthorpe site since 2000 to enable it to produce 216-mtr long rail.