Sep 8 2016 | India Opportunities
JSPL gets ready to grab rail market for Metro projects
Jindal Steel & Power Ltd (JSPL) is one of the leading steel manufacturers in India. The company has set up a plant at an investment of Rs 200 crore to manufacture rail for high speed rail and metro projects. The unit is capable of delivering 30,000 MT of rails per month and has been set up in technical collaboration with M/S SMS MEER, Germany. The trial runs are completed for manufacturing Head Hardened Rails. The commercial production is likely to commence soon.
Jindal Steel and Power Limited (JSPL) has achieved a landmark by becoming India’s first and only manufacturer of ‘Head Hardened Rails’ for modern hi-speed trains and metros. Mr. Ravi Uppal, MD & Group CEO, while speaking on the occasion, said - “The government’s renewed impetus on railway infrastructure development and the proposed introduction of high speed and bullet trains necessitates the establishment of domestic facility to fulfill the need of Indian Railways. We envisage our indigenously produced rail product line which includes India’s longest rails and head hardened rails, to be the preferred choice for the upcoming metro and high speed rail corridors in India”.