Jindal Steel and Power Limited emerges as the lowest bidder for 4.45 lakh tonnes rail tender

Jindal Steel and Power Limited emerges as the lowest bidder for 4.45 lakh tonnes rail tender

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Date of Post: 27 Feb 2019

JSPL(Jindal Steel and Power) , India’s only private rail manufacturer and Leading steel maker has emerged lowest bidder in a tender worth approximately Rs 3,300 crore .The Tender was floated by RVNL (Rail Vikas Nigam) for supply of 4.45 lakh tonnes of rails.

More Information:

  • JSPL Joint Managing Director N A Ansari said “ Last year, RVNL had floated a tender for supply of 4.45 lakh tonne of rails, adding that the company had participated in the tender.”
  • He further added “ We are the lowest bidder or L1 for the order. At present, the RVNL (Rail Vikas Nigam) is evaluating other aspects before placing the order. We are hopeful of a positive outcome as early as possible,” .
  • JSPL manufactures the rails In Chhattisgarh and operates the 1 million tonne per annum (MTPA) rail mill at its Raigarh plant.

To know more about recent developments of Railways –

26 Feb, 2019: Dharavi Redevelopment Project : Railways Transfers 50-Acre Plot to Maharashtra Government

22 Feb, 2019: New Silaghat-Tambaram Weekly Express launched by Indian Railways

19 Jan, 2019: PM Modi flags off World’s first diesel to electric converted locomotive


(  Please reach us at editor@railanalysis.com for more information. )

 
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