Gold
Jindal Subunit supplies 50 tonne of high-end stainless steel.
Jindal Stainless Ltd. (JSL) has supplied 50 tonne of high-end stainless steel grade for 12 coaches of the Indian Railways' Vande Metro train project. The stainless steel is to be of 21LN grade. The 201LN stainless steel grade is corrosion-resistant, higher in strength, and durable. The company stated that should the railways decide to go with the high-end grade for the future Vande Metro train sets or for the underframes, they will provide more material. The Integral Coach Factory (ICF) in Chennai produced the first Vande Metro train, which was presented by the Indian Railways. The Vande Bhara..
Transformative Mumbai-Ahmedabad Bullet Train Project
India's ambitious Mumbai-Ahmedabad bullet train project, flagged off by External Affairs Minister Jaishankar, promises to revolutionize the country's transportation landscape. The high-speed rail corridor, with cutting-edge technology imported from Japan, aims to reduce travel time between the two bustling cities to a fraction of current hours, boosting connectivity, commerce, and convenience.
This transformative endeavour, set to be completed in phases, encompasses a slew of benefits. Firstly, it significantly slashes travel time, facilitating seamless movement of people and goods. Th..
Jindal Stainless Elevates Vande Metro Project
Jindal Stainless, a stalwart in the steel industry, has emerged as a crucial contributor to India's urban transportation revolution. The company's recent partnership in supplying high-end steel grades for the Vande Metro Train Project marks a significant milestone in the nation's journey towards modern and efficient public transit systems. With a commitment to quality and innovation, Jindal Stainless has played a pivotal role in enhancing the safety, durability, and performance of metro trains.
The Vande Metro Train Project represents a bold step towards sustainable and accessible urba..
Jindal Steel & Power's Q4 Profit After Tax Doubles to Rs 9.33 Bn
Jindal Steel & Power Limited (JSPL) has reported a remarkable achievement in its financial performance for the fourth quarter, with its profit after tax (PAT) doubling to Rs 9.33 billion. This significant growth underscores the company's robust operational performance and strategic initiatives, reflecting its resilience and adaptability in the competitive steel and power sectors.
The doubled PAT for the fourth quarter is a testament to JSPL's effective management strategies and operational efficiency. It signifies the successful execution of the company's growth plans and its ability to..
India's Peak Power Demand to Surge
India is bracing for a substantial increase in peak power demand this May, with the Power Ministry forecasting a daytime peak of 235 GW and an evening peak of 225 GW. This surge underscores the country's escalating energy needs amid rising temperatures and economic activities.
The anticipated peak demand is significantly higher than previous records, reflecting the growing consumption patterns driven by urbanisation, industrial activities, and increased usage of air conditioning. The Ministry's projections are based on data from the Central Electricity Authority (CEA), which monitors a..
