KIOCL seeks waiver of distance-based charges

Our Bureau Bangalore | Updated on January 04, 2014 Published on January 04, 2014

KIOCL Ltd (formerly Kudremukh Iron Ore Company) has urged the Karnataka Government to impress upon the Railways to waive-off distance-based charges (DBC).

Malay Chatterjee, CMD of KIOCL, met Karnataka Chief Minister Siddaramaiah recently in this connection.

He pointed out to the Chief Minister that the DBC waiver would help the company to run as a 100 per cent export oriented unit, and this in turn will enable it to earn foreign exchange.

Follow us on Telegram, Facebook, Twitter, Instagram, YouTube and Linkedin. You can also download our Android App or IOS App.

Published on January 04, 2014
This article is closed for comments.
Please Email the Editor