Last month, John Cockerill India secured a contract worth approximately ₹300 crore from JSW Steel Coated Products Ltd. The order entails the design, manufacturing, supply, and supervision of the erection and commissioning of a Continuous Galvanising Line (CGL#3) at the client’s Khopoli plant.
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The scope also includes engineering and supply of associated equipment in line with the agreed technical specifications. The contract has been awarded by a domestic entity and does not fall under related party transactions. The company clarified that neither its promoter group nor group companies have any interest in the awarding entity.The project will involve comprehensive execution responsibilities, including design, engineering, and installation oversight, reflecting the company’s capabilities in delivering end-to-end industrial solutions.
The Continuous Galvanising Line is a critical facility used in steel processing to enhance corrosion resistance and improve product durability. The execution timeline for the project extends until May 2028, indicating a long-term engagement between the two companies.
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Shares of John Cockerill India Ltd ended at ₹5,290.00, up by ₹33.75, or 0.64%, on the BSE.
(Edited by : Jomy Jos Pullokaran)
