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Jindal Steel & Power bags prestigious order from Indian Railways

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Capital Market
Last Updated : Jul 31 2018 | 5:16 PM IST

For supply of 1 lakh tonnes of rails

Jindal Steel & Power emerged as winner in the prestigious first-ever global tender for supply of Rails by Indian Railways. The award of the order to supply close to 1 lakh tonne of Rails comes as the conclusion of a global tender which saw participation from 8 bidders, including world's 7 topmost manufacturers of Rails. JSPL is the only private sector manufacturer of Rails in the country, and is amongst 7 global steelmakers with capabilities to manufacture Head Hardened Rails. The company will supply around 1 lakh tonnes of Rails over a period of one year.

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First Published: Jul 31 2018 | 4:48 PM IST

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