Jindal Steel to supply long rails – wins Rs 25,000cr railway tender

New Delhi: Jindal Steel and Power Limited (JSPL) bags one of the most talked about and highly anticipated Indian Railways global crore tender. The estimated value of the tender is Rs 25,000 crore and JSPL will cater to 20% long rails requirement of railways.

Steel Authority of India (SAIL), till now was catering to the demand of Indian Railways. They were providing ‘long rail’ to the railways. This time however, SAIL expressed their inability to meet the demand of rails. It is then Indian Railways invited tenders from global players.