Built to inform

Sign up for the daily newsletters

No, Thank you

JSPL completes Rs 732 cr order to supply long rails to Indian Railways

Earlier in July 2018, JSPL had bagged the first-ever global tender for supply of rails to Indian Railways

JSPL, Long rails, Indian Railways, Rail Vikas Nigam Limited, RVNL, IRCON International

JSPL executed a Rs 732-crore order to supply long rails to the Indian Railways. As part of this order, the company supplied 1,26,604 tonnes of long rails to Indian Railways ahead of schedule. "Out of this total quantity, JSPL had supplied 97,400 tonnes of long rails on April 22, 2019, four months ahead of schedule," an official statement said.

Earlier in July 2018, JSPL had bagged the first-ever global tender for supply of rails to Indian Railways. The tender attracted bid from eight leading players, which included seven of the leading global manufacturers of rails.

In addition to the Indian Railways, JSPL said it is also expecting orders of a minimum volume of 2 lakh tonnes per annum of 13/26 metre rails from Rail Vikas Nigam Limited (RVNL) and IRCON International.

JSPL won an order from RVNL to supply 89,042 tonnes of UIC 60 kg IRS T-12 880-grade 13-metre rails for RVNL’s upcoming projects. The company said it received the LOA for the order from RVNL on May 8, 2019. The size of the order is in the range of Rs 665 crore.

Most Popular

Awards

Olympia Group announces to build up 1.1mn sq-ft greenfield it park in Guindy
The project will have a total investment of about Rs 750 crore

Conferences

Vital pre-monsoon building works resume in Maharashtra
The state government has permitted pre-monsoon work by BMC and other agencies

Latest Issue

June 2020
10 Jun 2020