Jindal Steel had bagged the order in July last year for supplying 1 lakh tonne rails to the national transporter within a year
New Delhi: Jindal Steel and Power Ltd (JSPL) has delivered its first-ever one lakh tonne order from the Indian Railways ahead of the scheduled time, the company said on Tuesday. Jindal Steel had bagged the order in July last year for supplying 1 lakh tonne rails to the national transporter within a year. However, the order was completed three months ahead of the schedule, JSPL Joint Managing Director NA Ansari said.
“In a significant development, JSPL has completed delivery of first ever rail order to supply rails to Indian Railways. The company had bagged 20 per cent of the Rs 2,500 crore global tender by the Railways to supply long rails,” JSPL said in a BSE filing.
Jindal Steel wins additional order from railways
Ansari also said that the company has bagged an additional order of 30,000 tonne long rails from the Railways. “We are proud to contribute to government’s Make In India initiative. These achievements are a testament to the capability of our team as well as our valued partnership with Railways. We continue to stay committed to developing Infrastructure needs,” he said.
Tender was floated to meet shortfall of supply from SAIL
The Railways had floated a global tender for the procurement of around 4.87 lakh metric tonnes of rails to meet the shortfall of supply from the Steel Authority of India Limited (SAIL).
JSPL is the only private company in India that makes long rails. The company has a one million tonne per annum (MTPA) rail mill at its steel plant in Chhattisgarh’s Raigarh.