Jindal Steel & Power Limited (JSPL), India’s only private manufacturer of rails, has won an order from Rail Vikas Nigam Limited (RVNL) to supply 89042 tonnes of UIC 60 kg IRS T-12 880 grade 13 meter rails for its upcoming projects. The order is valued at approximately Rs 665 crore. A notification of award for the same was issued to JSPL on 8th May 2019 by the RVNL.
“It is a privilege to be awarded this contract which reflects the confidence Indian Railways have developed on us based on our recent performance. We are grateful to the RVNL for reposing trust in our capabilities to deliver for the nation. This contract will provide an important foundation for our future rail business. This order is indicative of JSPL’s strategic commitment to growing its footprint in the domestic Rail segments. It is a great endorsement of our products and services, and securing another important rail contract from railways in less than a year is a source of great pride”, said, Naushad Akhter Ansari, Joint Managing Director, JSPL.
