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Jindal Steel & Power completes delivery of rails to Indian Railways

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Capital Market
Last Updated : Apr 23 2019 | 9:50 AM IST
Jindal Steel & Power 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.

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 15 August, 2018 from its Raigarh plant and completed delivery of total quantities on 22 April, 2019, almost 4 months ahead of schedule.

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First Published: Apr 23 2019 | 9:36 AM IST

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