JSPL Completes Delivery of Its First-ever Rail Order to Indian Railways
New Delhi : Jindal Steel and Power Limited (JSPL)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.
Under the global tender which saw participation from seven leading global rail manufacturers, JSPL was only company, technically qualified for the tender.JSPL was to supply 97,400 tonnes of rails to the national transporter over a period ofone year. JSPL started dispatching the first consignments of rails on 15th August,2018 from its Raigarh plant and completed delivery of total quantities on 22nd April,2019, almost 4 months ahead of schedule.
“It is indeed a historic moment and a matter of great pride for JSPL.We are proud to have contributed to government’s Make-In-India initiatives and complete such a challenging project far ahead of schedule” said Naushad Akhter Ansari, Joint MD of JSPL.
Recently, Indian Railways also exercised their option to order on us an additional quantity of about 30,000 tonnes of rails for Indian Railways. This additional order comes on top of 97,400 Tonnes order the company had won under the global rail tender. The new order, which comes under the same global tender, enhances the order size by over 30%.