Jindal Steel & Power bags additional order from Indian Railways

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Capital Market
Last Updated : Feb 18 2019 | 11:16 AM IST

For supply of 30,000 tonnes of long rails

Jindal Steel & Power has bagged an additional order for supply of 30,000 tonnes of long rails from the Indian Railways. The additional order enhances the order size by over 30%, with the overall order size now estimated at around Rs. 650 crore.

So far JSPL has supplied close to 62,400 Tonnes of Rails out of the earlier order, and is in track to complete the 1 lakh Tonne order ahead of time.

Deployment of Rails manufactured by JSPL has already commenced for laying tracks under the modernization and expansion plans of Indian Railways.

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First Published: Feb 18 2019 | 10:55 AM IST

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