The Indian Railways’ Research Designs and Standards Organisation, after due scrutiny, has authorized Shree Nakoda Ispat Limited as a supplier of TMT Reinforcement steel bars to the Indian Railways. With this, Shree Nakoda Ispat Limited has become one of just 12 exclusive suppliers of TMT rebars to the Railways that use iron ore as basic raw material. Announcement in this regard was made by the RDSO in a letter dated March 16, 2018.
The railways maintains a strict policy for procurement of Rebars and according to its selection process requires suppliers to produce steel only from Iron Ore. According to RDSO, detailed screening of the company was undertaken and a plant inspection had been made by officials to finally recognize the company as a supplier. As part of the plant inspection officials ensure the company qualifies on a number of different parameters including operation procedures, raw material, charge mix, , production capacity, plant and facilities available etc.
The RDSO has also made it clear that it stands firm on their stringent selection norms and the registration of a firm would be rendered void in the eventuality it fails to take due approval from the Railways before modifying its manufacturing process or outsourcing process or capacity.
Companies have also provided RDSO a written declaration that they do not use external scrap in production of TMT rebars. In case a company is found to be using external scrap the registration would be cancelled. According to Guidelines for Vendor Approval for supply of TMT companies are also required to maintain BIS certification to avoid cancellation of registration.
List of companies awarded approval for TMT Rebar supply to Railways
| S.No. | Company’s | Location |
| 1 | Shyam Steel Industries Limited | Durgapur, West Bengal |
| 2 | Electrosteel Steels Limited | Bokaro, Jharkhand |
| 3 | Shri Bajrang Power & Ispat Limited | Raipur, Chhattisgarh |
| 4 | JSW Steel Limited | Vijayanagar, Karnataka |
| 5 | SRMB SRIJAN Private Limited | Durgapur, West Bengal |
| 6 | Jindal Steel & Power Limited | Raigarh, Chhattisgarh |
| 7 | Real Ispat & Power Limited | Raipur, Chhattisgarh |
| 8 | Shyam Metalics & Energy Ltd | Sambalpur, Odisha |
| 9 | Rashmi Metaliks Limited | Medinipur, West Bengal |
| 10 | Reliable Sponge Pvt. Ltd | Sundergarh, Odisha |
| 11 | Shyam SEL & Power Ltd | Burdwan, West Bengal |
| 12 | Shree Nakoda Ispat Limited | Raipur, Chhattisgarh |

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