India's JSPL Completes Rail Order Delivery, Bags Additional Order
Jindal Steel and Power Ltd (JSPL) today informed via press released that the company has completed delivery of its first-ever rail order, which the firm had bagged from the Indian Railways in Jul'18. JSPL was to supply 97,400 tonnes of rails to the national transporter over a period of one year.
The order, which was to be completed in Jul'19, has been completed 4-months ahead of the scheduled time, JSPL Joint Managing Director N A Ansari said.
JSPL started dispatching the first consignments of rails on 15th Aug'18 from its Raigarh plant and completed delivery of total quantities on 22nd April, 2019, almost 4 months ahead of schedule.
“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 INR 2,500 crore global tender by the Railways to supply long rails,” JSPL said in a press release.
Receives additional order
He also said that recently JSPL bagged an additional order of 30,000 MT long rails from the Indian Railways.
“We are proud to have contributed to government’s Make-In-India initiatives and complete such a challenging project far ahead of schedule.” said Naushad Akhter Ansari, Joint MD of JSPL
These achievements are testament to the capability of our team as well as our valued partnership with the Indian Railways. We are extremely proud to be partnering with Indian Railways in boosting the rail infrastructure development in the country. We continue to stay committed to developing India’s infrastructure needs and contribute in Nation Building.” Mr. Ansari added.
The railways had invited the global tender for procuring 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 sector manufacturer of Rails and only manufacturer of Head Hardened Rail in the country. It operates most advanced 1 Million Tonne Per Annum (MTPA) Rail Mill at its 3.6 MTPA integrated Steel Plant at Raigarh, Chhattisgarh. The company has already supplied Rails to Iran and Bangladesh; and to Dedicated Freight Corridor of India. The company has capabilities to manufacture single piece rails of upto 121 metre length which can be extended upto 260 meter(with two welds).
Part of the USD 18-billion OP Jindal Group, JSPL has presence in steel, power, mining and infrastructure sectors. It is the only private steel company that produces long rails in India.
source: SteelMint
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