JSPL Bags export order to Supply 12000 tonnes of Rail blooms to France

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JSPL Bags export order to Supply 12000 tonnes of Rail blooms to France

Bhubaneswar : Amid nationwide lockdown due to the Coronavirus pandemic, Naveen Jindal controlled Jindal Steel & Power (JSPL) on Wednesday announced that it has recently bagged a 2308-ton supply order from Rail Vikas Nigam Limited (RVNL) for development of Kolkata Metro Corporation. Along with this order, the company has also bagged a contract to supply 12,000 tonnes of special grade Rail Blooms to France rail hayange, France. JSPL is also expecting few more orders from Britain and France.

“..The 12,000-tonnes special grade Rail Blooms export order to France is valued at around Rs 50 crore. With this, JSPL has come to be acknowledged as one of the regular suppliers to France Railways. Similarly, Britain and Australia have expressed interest and they are expected to place orders as well” said VR Sharma, MD- JSPL.

It may be noted that JSPL is the only private-sector company in India to manufacture Head-Hardened Rails.

Head hardened rails are typically used in metro rail projects and high-speed freight corridors, which require maximum durability against wear and material fatigue caused by escalating train frequencies, high acceleration and deceleration, abrupt braking and higher axle loads.

In the recently concluded 2019-20 financial year, JSPL had reported 12% (YoY) rise in its consolidated crude steel output at 8.12 million tonnes (MT). While its domestic steel production rose by 13% to 6.30 MT, its Oman steel production rose by 9% to 1.87 MT. During the fiscal the company has achieved the highest ever 3 MTPA output figure at its Angul plant.

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