MoneyWorks4Me

JSPL bags order for supply of Rails from Indian Railways

03 Aug 2018 Evaluate

Jindal Steel & Power (JSPL) has emerged as a 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 tonne of Rails over a period of one year.

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.

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