JSPL Completes First-Ever Rail Order Ahead Of Schedule

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(PTI)

Jindal Steel and Power Ltd (JSPL) said it has completed delivery of its one lakh tonne first-ever rail order, which the firm had bagged from the Indian Railways. In July last year, JSPL had received from the national transporter an order of one lakh tonne rails, to be supplied within a year. “In a significant development, JSPL has completed delivery of first ever rail order to supply rails to Indian Railways. The company had bagged 20 per cent of the Rs 2,500 crore global tender by the Railways to supply long rails,” JSPL said in a BSE filing. The order, which was to be completed over a period of one year, has been completed ahead of the scheduled time, JSPL Joint Managing Director N A Ansari said.

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