Corporate News     13-Apr-23
Jindal Steel & Power to set up new 1.2 MTPA rail mill at Angul, Odisha
Jindal Steel & Power (JSP) plans to commission a state of art 1.2 MTPA Rail & Heavy structure mill at its Angul Steel complex in Odisha. After the Commissioning of the New Rail Mill at Angul, JSP's total rail-making capacity will be 2.2 MTPA.

JSP has developed speciality Rails like 1175 HT, R350 HT, Asymmetric Rails, and 1080HH rails at its existing 1 MTPA Rail Mill in Raigarh, Chhattisgarh. These Rails are an import substitution product, required for heavy axle loads of more than 25MT. These Rails are primarily used by various Metro Rail Corporations, High-Speed Corridors and the Bullet Train project.

The Raigarh Rail mill is regularly supplying 260m Rails to Indian Railways, DFCCs and other critical projects of national importance. Such long Rails with minimum welds are akey element in increasing Track Safety and Comfort.

JSP's speciality rails of 1080 HH grade are being utilized, at almost all the Metro and RRTS systems in India. Such rails are also used in Special projects of National civil-military importance of remote connectivity having difficult terrains such as the USBRL Project (J&K) and Sivok - Rangpo Project in West Bengal.

Previous News
  Hindalco Industries Ltd Spurts 2.58%, S&P BSE Metal index Rises 1.08%
 ( Hot Pursuit - 25-Oct-23   09:30 )
  Jindal Steel & Power consolidated net profit rises 271.78% in the December 2023 quarter
 ( Results - Announcements 31-Jan-24   18:05 )
  JSPL reports 6x YoY rise in Q2 PAT, buoyed by sharp reduction in costs
 ( Hot Pursuit - 31-Oct-23   17:49 )
  Jindal Steel & Power fixes record date for interim dividend
 ( Market Beat - Reports 08-Mar-22   10:25 )
  JSPL Q1 PAT slides 79% YoY to Rs 1399 cr
 ( Hot Pursuit - 12-Aug-23   11:36 )
  Jindal Steel & Power to conduct board meeting
 ( Corporate News - 22-Jan-24   14:26 )
  Hindalco Industries Ltd Surges 2.72%, S&P BSE Metal index Gains 1.14%
 ( Hot Pursuit - 21-Feb-24   09:30 )
  Jindal Steel & Power consolidated net profit declines 67.92% in the December 2022 quarter
 ( Results - Announcements 31-Jan-23   17:28 )
  Jindal Steel & Power to hold EGM
 ( Corporate News - 08-Mar-22   10:30 )
  Hindalco Industries Ltd Falls 3.33%, S&P BSE Metal index Drops 1.6%
 ( Hot Pursuit - 08-Mar-22   09:45 )
  Jindal Steel & Power records 20% growth in production in Q1FY22
 ( Corporate News - 07-Jul-21   09:27 )
Other Stories
  Tridhya Tech to convene board meeting
  03-Jul-24   20:06
  Sonu Infratech schedules EGM
  03-Jul-24   19:59
  Sakuma Exports to convene AGM
  03-Jul-24   19:59
  Time Technoplast repays commercial paper
  03-Jul-24   18:31
  Board of Aditya Vision approves stock split and listing of share on NSE
  03-Jul-24   18:24
  Pricol director resigns
  03-Jul-24   18:21
  Board of VMS Industries recommends first interim dividend
  03-Jul-24   17:49
  Lakshmi Machine Works to declare Quarterly Result
  03-Jul-24   17:44
  Modison to convene AGM
  03-Jul-24   17:43
  Sybly Industries to discuss results
  03-Jul-24   17:43
Back Top