JSPL completes Rs 732 cr order to supply long rails to Indian Railways
Date: August 01, 2019
In a boost to the Indian Railways, the Jindal Steel and Power (JSPL)has executed the first-ever rail order to Indian Railways on 29 July 2019.
JSPL has supplied 1,26,604 tonne of long rails to Indian Railways in record time and far ahead of schedule. Out of this total quantities, JSPL supplied 97,400 tonne of long rails on 22 April 2019, in record time and four months ahead of schedule.
Earlier, on July 2018, JSPL had bagged the first-ever global tender for supply of rails to Indian Railways. The tender saw bidding by eight leading players amongst which were the world’s seven top-most manufacturers of rails. The total value of the contract was at Rs 732 crore.