JSPL Completes Delivery Of Its First-ever Rail Order To Railways
Jindal Steel and Power Limited (JSPL) announced that it has completed delivery of the first ever rail order to supply rails to Indian Railways. In July 2018, JSPL bagged 20 per cent of the Rs 2,500 crore global tender by the Indian Railways to supply long rails.
Under the global tender which saw participation from seven leading global rail manufacturers, JSPL was only company, technically qualified for the tender.
JSPL was to supply 97,400 tonnes of rails to the national transporter over a period of one year. JSPL started dispatching the first consignments of rails on 15th August, 2018 from its Raigarh plant and completed delivery of total quantities on 22nd April, 2019, almost 4 months ahead of schedule.
Recently, Indian Railways also exercised their option to order on us an additional quantity of about 30,000 tonnes of rails for Indian Railways. This additional order comes on top of 97,400 Tonnes order the company had won under the global rail tender. The new order, which comes under the same global tender, enhances the order size by over 30%.
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).