Jindal Steel and 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, said a JSPL press release issued on Wednesday.

It said the order is valued at approximately Rs 665 crore, according to a notification of the award issued to the JSPL by the RVNL on May 8.

“It is a privilege to be awarded this contract which reflects the confidence the Indian Railways has 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,” the press release quoted Naushad Akhter Ansari, Joint Managing Director, JSPL, as saying. 

“This order is indicative of the 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,” Ansari added. Earlier, in July 2018, JSPL bagged the first-ever global tender for supply of rails to Indian Railways. The first-ever global tender for supply of rails floated by Indian Railways saw bidding by eight leading players amongst them were world’s seven topmost manufacturers of rails.

As per the terms of the global tender, the JSPL was to supply close to one lakh tonnes of long rails, worth Rs 568 Crore to Indian Railways over a period of one year. It had completed the delivery in record time, four months ahead of schedule. Over and above, the JSPL secured an additional order to supply 30000 tonnes of rails under this global tender.