JSPL rides on timely deliveries, eyes repeat order from Indian Railways

Company is consolidating its position by supplying orders ahead of schedule

Riding on its ability to deliver rails to the Indian Railways (IR) ahead of schedule, Jindal Steel and Power Limited (JSPL) is looking for repeat orders from the national transporter.

JSPL had bagged 20 per cent of a Rs 2,500 crore global tender floated by the Railways to supply long rails in July 2018. For the first time, IR placed an order for rails with a private player. JSPL beat seven leading global rail manufacturers to technically qualify for the tender.

The process was necessitated as Steel Authority of India Limited (SAIL), the sole supplier of rails to the IR, allegedly failed