Indian Railways receives huge infrastructure boost! Jindal Steel and Power Ltd (JSPL) has successfully completed its first-ever rail order of delivering one lakh tonne rails, which the firm had bagged from the Railway Ministry.
In the month of July last year, JSPL had received an order of one lakh tonne rails, to be supplied within a year, according to a PTI report. The massive order has been completed and delivered to Indian Railways ahead of schedule. JSPL is also a leading player in steel, mining, power, oil and gas and infrastructure in the country.
JSPL stated in a BSE filing that the organisation has completed the delivery of its first ever rail order to supply rails to the Railway Ministry. The company had bagged 20 per cent of the Rs 2,500 crore global tender by the Indian Railways to supply long rails.
N A Ansari, Joint Managing Director, JSPL was quoted in the report saying that the order which was to be completed over a period of one year, has been completed ahead of the scheduled time of delivery. Read more