Home » Business » JSPL completes over 55 pc of rail order: Naushad Ansari
_VAC5646

JSPL completes over 55 pc of rail order: Naushad Ansari

New Delhi, Jan 8: Jindal Steel and Power Ltd has shipped over 55 per cent of the order bagged from Indian Railways to supply about one lakh tonne rails.

In July 2018, JSPL has bagged 20 per cent of the Rs 2,500 crore global tender by the Indian Railways to supply long rails.

It was to supply around 1 lakh tonnes of rails to the national transporter over a period of one year.

“We have already supplied 54,302 tonne rails out of 97,400 tonnes. We expect to  complete the entire order by February,  several months  ahead of scheduled delivery period” Naushad Ansari, Joint Managing Director, JSPL said.

“We are extremely proud to be partnering with Indian Railways in boosting the infrastructure development in the country. We continue to stay committed to developing India’s infrastructure needs and contribute in Nation Building.” He added.

According to media reports, the Railways has indicated a demand of about 14 lakh tonne during 2018-19 and 17 lakh tonne in 2019-20.

“We are well equiped and look forward to serve the Railways,” Ansari said.

In India, only two steel companies manufacture rails. Steel Authority of India Ltd (SAIL) at its Bhilai Steel Plant, and Naveen Jindal-led Jindal Steel and Power Ltd (JSPL) at its Raigarh Plant.

SAIL was the only supplier of rails to the Railways until JSPL bagged an order in July 2018 to supply 1 lakh tonne rails to the national transporter.

Indian Railways is looking at 4,000 km of track renewal in each financial years 2018-19 and 2019-20.

It had invited the global tender for procuring around 4.87 lakh tonne of rails after anticipating that SAIL would not be able to supply the required amount of rails.

About Ashok Palit

Ashok Palit has completed his graduation from Upendranath College Soro, Balasore and post graduation from Utkal University in Odia Language and literture.. He has also carved out a niche for himself as a scribe of eminence after joining the profession in 1988. He is also an independent media production professional. He brings loads of experience to Advanced Media, Ashok Palit as a cineaste has been active in film criticism for over three decades. As a film society activist, he soared to eminence for his profound commitment to the art film appreciation and aesthetics of cinema. His mode of discourse is often erudite but always lucid and comprehensible marked by a perfect acumen so rare in the field. A film aesthete with an immense fond of critical sensibilities, he wrote about growth and development of odia cinema in New Indian Express, The Times of India, The Hindustan Times, The Asian Age and Screen. He has been working as an Editor for Cine Samaya from 2002-2004.. He had made solid contribution on cinema in many odia Dailies and weekly such as Samaj, Prajatantra, Dharatri, Samaya, Satabadi, and weekly Samaya.

Leave a Reply

Your email address will not be published. Required fields are marked *

*

x

Check Also

odisha

Hunger-free Odisha Initiative by SAI Foundation

Bhubaneswar: 18/8/19:To set its step towards the hunger Free Odisha, So AM I Foundation Trust (SAI), a not-for-profit organization launched its Hunger-free Odisha initiative with great pomp and show on 18thAug ...