Abha Power and Steel Secures Orders Worth 2.22 Crore from Reputed Railway OEMs; Order Book Reaches 20.50 Cr

Abha Power and Steel Secures Orders Worth 2.22 Crore from Reputed Railway OEMs; Order Book Reaches 20.50 Cr

Abha Power and Steel Secures Orders Worth 2.22 Crore from Reputed Railway OEMs; Order Book Reaches 20.50 Cr​

Abha Power and Steel Limited, formerly known as Abha Power and Steel Private Limited, has secured new orders amounting to Rs 2,22,38,280/- (Rupees Two crore twenty-two lakh thirty-eight thousand two hundred and eighty Only) from reputed Railway OEMs. As of June 06, 2026, the company's order book stands at approximately Rs 20.50 Cr, demonstrating its significant presence in the railway sector and sustained efforts to grow market share.

The awarded orders involve the supply of castings as per the delivery schedule, standard terms of inspection and quality, with the contract period set by June 30, 2026. These contracts were secured from domestic entities within the Indian Railways OEM segment.

Abha Power and Steel operates two foundries—SG iron and steel—within its ISO 9001:2015 certified manufacturing facility located in the Silpahri Industrial Area of Bilaspur. The company serves diverse industries including Indian Railways, steel, cement, heavy engineering, mining, and power sectors, offering a range of standard and customized products.

The company utilizes a captive solar power plant with a capacity of 3 MW, which contributes to saving 3400 MT of CO2 emissions annually. Since its inception in 2004, the firm has expanded operations, transforming its ingot plant into a steel foundry in 2016 and adding a spheroidal graphite iron foundry to serve Indian Railways in 2009.

ABHAPOWER Stock Price Movement​

On Friday, Abha Power and Steel Limited shares edged higher to close at ₹29, rising 3.57% from the previous session's close of ₹28. The equity saw active trading during the session, with a total volume of 9,600 shares transacted.
 

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Editorial Note

This news article was written and created by Karthik, and published on IST.
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