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JSPL produced rails for high-speed corridors approved by Indian Railways

Posted On: 2020-10-19 22:53:37


JSPL is the first and only Indian manufacturer to successfully develop 60E1 1175 Heat Treated(HT) Rails suitable for High speed and High Axle Load applications. Indian Railways have projected a requirement of 1.8 Lac MT per annum of this high-grade 60E1 1175 Heat Treated (HT) Rails. Indian Railways has embarked upon upgrading the Indian Railway Track system to carry 25MT axle load and up to 200 km/Hour speed.

Research Designs & Standards Organisation (RDSO) has approved the newly developed 60E1 1175 Heat Treated (HT) Rails of Jindal steel and power limited.

60E1 1175 Heat Treated (HT) Rails is a superior grade to 1080 HH and will be used by Indian Railways for heavier loads and high-speed application. Based on inspection and testing conducted by RDSO team, Railway Board/RDSO had earlier accorded approval for JSPL manufactured 60E1 1080 HH Rails. These Rails are primarily used by the Metro Rail Corporations, High-Speed Corridors and Bullet Trains. These Rails are equivalent to European R350HT grade with regards to Rail profile and chemistry but follow more stringent Quality tests.

JSPL's Gr. 880 Rails has also been approved by Railway Board/RDSO as a "Regular Supplier" to Indian Railways. Apart from 880 Grade main track rails, JSPL has also started supplying 1080 grade Head Hardened rails to several metro Rails projects in India which includes Rail Vikas Nigam Limited for the construction of the Kolkata Metro Rail Project and Pune Metro. JSPL has developed Special rails, Asymmetric Rails, R260, and 1175HT grades for heavy load carrying wagon units of 75 tones / wagon.

"Before this development, all speciality rails were imported in the country, JSPL is committed for manufacturing of speciality rails to fulfil requirements of Indian railways and metro rail corporations hence making India AatmNirbhar in procuring rails locally for different applications. These rails will be used in the dedicated freight corridor, high axel load application including bullet trains, Said Mr V R Sharma, Managing Director of Jindal Steel & power limited in a statement.

"JSPL's manufacturing capacity for 60E1 1175 HT Rails has been assessed as 3.24 Lac MT per annum by Railway Board/RDSO, which is more than enough to meet the full annual demand of Indian Railways, Metro Rail Corporations, High-Speed Corridors. JSPL is also exporting rails to adjoining countries like Bangladesh & Sri Lanka, the company is supplying rails to the African continent as well. JSPL is also supplying speciality rail blooms for special rails to France for European railways. With this development, JSPL positioned itself as a world-class rail manufacturer which is a great achievement by an Indian company", Mr Sharma Further added.

Shares of JINDAL STEEL & POWER LTD. was last trading in BSE at Rs.201.85 as compared to the previous close of Rs. 193.6. The total number of shares traded during the day was 738671 in over 8506 trades.

The stock hit an intraday high of Rs. 202.7 and intraday low of 190.7. The net turnover during the day was Rs. 146574230.


Source: Equity Bulls

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