JSW Steel supplies high-quality TMT Rebars for metro-rail projects
Steel

JSW Steel supplies high-quality TMT Rebars for metro-rail projects

JSW Steel, the flagship business of $14 billion JSW Group, during October and November supplied more than 30,000 metric tonne high quality JSW Neosteel TMT Rebars towards construction of metro projects in various Indian cities. This takes the company’s overall supplies of JSW Neosteel TMT Rebars for metro construction projects to more than 85,000 metric tonne so far in this fiscal.

The company has been supplying its Neosteel TMT Rebars to metro-rail projects across India since the inception of metro-rail projects. In the current financial year, the company expects to increase its supplies to the metro-rail projects to about 150,000 metric tonne as compared to its supplies averaging 100,000 metric tonne per year over the last few years.

JSW is supplying to metro-rail projects in Mumbai, Nagpur, Pune, Bengaluru, Chennai, Kolkata, Indore, Bhopal, Lucknow and Ahmedabad. The ongoing supplies as well as those already completed during the current fiscal will boost JSW Steel’s supplies to metro-rail projects by more than Rs 6 billion following successful completion of these deliveries. The company bagged these orders through key EPC partners with ongoing supply arrangements. The metro-rail projects in these cities are expected to cumulatively add more than over 760 km urban rail transit lines to India’s fast expanding metro network.

According to Jayant Acharya, Director-Commercial, Marketing & Corporate Strategy, JSW Steel, “Over the last few months, we have completed large supplies of high grade JSW Neosteel TMT Rebars to these metro-rail projects and continue to stay on track to service the ongoing order pipeline. JSW Steel’s manufacturing technology and equipment ensures best-in-class quality products with higher level of strength and ductility. These facilities are located in strategic location across South and West of India enabling better servicing of key infrastructure projects. A combination of superior product quality, better customer service, flexible rolling schedules and adherence to specifications ensures that we remain a preferred supplier of steel products to India’s growing metro-rail network.”

The respective state governments have cumulatively earmarked more than $50 billion to construct the current phase of over 760 km metro lines in these cities. These rail-based ‘mass rapid transit systems’ have been widely accepted as a solution for most of the traffic and environmental pollution related problems, which major cities throughout the world are now facing. Metro construction activities are being undertaken in a big way in India including expansion of existing metro networks. Rapid economic and infrastructural development has seen a substantial increase in demand for steel in India and JSW Steel is focussing on playing a significant role in this story.

From a single manufacturing unit in the early 1980s, JSW Steel, today, is one of the foremost integrated steel company in India with an installed capacity of 18 mtpa, and has plans to scale it up in India and overseas. JSW Steel’s manufacturing facility at Vijayanagar in Karnataka is the largest single location steel-producing facility in India with a capacity of 12 mtpa.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

JSW Steel, the flagship business of $14 billion JSW Group, during October and November supplied more than 30,000 metric tonne high quality JSW Neosteel TMT Rebars towards construction of metro projects in various Indian cities. This takes the company’s overall supplies of JSW Neosteel TMT Rebars for metro construction projects to more than 85,000 metric tonne so far in this fiscal. The company has been supplying its Neosteel TMT Rebars to metro-rail projects across India since the inception of metro-rail projects. In the current financial year, the company expects to increase its supplies to the metro-rail projects to about 150,000 metric tonne as compared to its supplies averaging 100,000 metric tonne per year over the last few years.JSW is supplying to metro-rail projects in Mumbai, Nagpur, Pune, Bengaluru, Chennai, Kolkata, Indore, Bhopal, Lucknow and Ahmedabad. The ongoing supplies as well as those already completed during the current fiscal will boost JSW Steel’s supplies to metro-rail projects by more than Rs 6 billion following successful completion of these deliveries. The company bagged these orders through key EPC partners with ongoing supply arrangements. The metro-rail projects in these cities are expected to cumulatively add more than over 760 km urban rail transit lines to India’s fast expanding metro network.According to Jayant Acharya, Director-Commercial, Marketing & Corporate Strategy, JSW Steel, “Over the last few months, we have completed large supplies of high grade JSW Neosteel TMT Rebars to these metro-rail projects and continue to stay on track to service the ongoing order pipeline. JSW Steel’s manufacturing technology and equipment ensures best-in-class quality products with higher level of strength and ductility. These facilities are located in strategic location across South and West of India enabling better servicing of key infrastructure projects. A combination of superior product quality, better customer service, flexible rolling schedules and adherence to specifications ensures that we remain a preferred supplier of steel products to India’s growing metro-rail network.”The respective state governments have cumulatively earmarked more than $50 billion to construct the current phase of over 760 km metro lines in these cities. These rail-based ‘mass rapid transit systems’ have been widely accepted as a solution for most of the traffic and environmental pollution related problems, which major cities throughout the world are now facing. Metro construction activities are being undertaken in a big way in India including expansion of existing metro networks. Rapid economic and infrastructural development has seen a substantial increase in demand for steel in India and JSW Steel is focussing on playing a significant role in this story.From a single manufacturing unit in the early 1980s, JSW Steel, today, is one of the foremost integrated steel company in India with an installed capacity of 18 mtpa, and has plans to scale it up in India and overseas. JSW Steel’s manufacturing facility at Vijayanagar in Karnataka is the largest single location steel-producing facility in India with a capacity of 12 mtpa.

Next Story
Infrastructure Urban

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Next Story
Infrastructure Transport

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Next Story
Infrastructure Transport

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement