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Jindal Steel bags order worth Rs 500 crore from Power Grid

24 Jan 2013 Evaluate

Jindal Steel has secured an order worth Rs 500 crore from the Power Grid Corporation of India (PGCIL) to supply of 80,000 tonnes of steel. Power Grid will use this steel for setting up two transmission towers in Southern India. The company bagged the order on emerging as the lowest bidder.

JSPL is a part of Jindal Group and is a leading player in Steel, Power, Mining, Oil & Gas and Infrastructure. The company produces economical and efficient steel and power through backward integration from its own captive coal and iron-ore mines and passes on the benefits to its customers.

Jindal Steel Share Price

1269.50 45.65 (3.73%)
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