JSPL Wins Rail Contracts Worth INR 6650 Million From RVNL
♦ To supply 89042 tonnes of rails to RVNL.
♦ The required rails will be manufactured and supplied from its Raigarh facility.
♦ RVNL functions as an extended arm of the Ministry of Railways working.
♦ Second big rail order in less than a year, the first-ever rail order to JSPL for supplying close to one lakh tonnes rails to Indian Railways was completed in April 2019, 4 months ahead of time.
Jindal Steel & Power Limited (JSPL), India’s only private manufacturer of rails, has won an order from Rail Vikas Nigam Limited (RVNL) to supply 89042 tonnes of UIC 60 kg IRS T-12 880-grade 13-meter rails for its upcoming projects. The order is valued at approximately INR 6650 million.
”It is a privilege to be awarded this contract which reflects the confidence Indian Railways have developed on us based on our recent performance. We are grateful to the RVNL for reposing trust in our capabilities to deliver for the nation. This contract will provide an important foundation for our future rail business” said Naushad Akhter Ansari, Joint Managing Director, JSPL “This order is indicative of JSPL’s strategic commitment to growing its footprint in the domestic Rail segments. It is a great endorsement of our products and services, and securing another important rail contract from railways in less than a year is a source of great pride.”
- Issued By:RAIL VIKAS NIGAM LIMITED
- Bagged By:
- Region:Western India
- Industry:Metallurgical Industries
- Value:INR 6650 Million
- Published On:2019-05-09