Jindal Steel & Power (JSPL) has executed the first-ever rail order to Indian Railways on July 29, 2019. The company has supplied 126604 tonnes of long rails to Indian Railways in record time and far ahead of schedule. Out of this total quantity, the company supplied 97,400 tonnes of long rails on April 22, 2019, in record time and four months ahead of schedule.
The total value of the contract was at Rs 732 crore. In addition to long rails orders from Indian Railways, the company is also expecting orders of a minimum volume of 2 lakh tonnes per annum of 13/26 metre rails from Rail Vikas Nigam (RVNL) and IRCON International.
JSPL is one of India’s fastest growing and largest integrated steel manufacturers, significantly present in Steel, Power Generation and Infrastructure segments and catering to a large part of India’s domestic energy and infrastructure requirement.