Jindal Steel and Power (JSPL) said it has received an order from Power Grid Corporation of India (PGCIL) for supply of 80,000tns of steel. The PGCIL will use this steel in setting up two transmission towers in Southern India.
The company will supply rolled back angle sections for tower packages associated with 765KV d/c current Vamgiri—Khammam—Hyderabad transmission line and 765KV d/c Nagapattinam—Salem—Madhugiri transmission line.
Jindal Steel was emerged as the lowest bidder for the order. Also, JSPL further reinforces the strength, credibility and tenacity of the company’s products.
In December 2012, the Jindal Steel Bolivia, a subsidiary of JSPL, terminated the contract signed with the Bolivian Government for investment of USD 2.1B for the iron ore mining.