Abha Power Secures Major Contract from North Central Railway Worth Over 3 Crore
Abha Power and Steel Limited has secured a new order valued at ₹ 3,41,56,272.92 from the North Central Railway. This contract highlights the company's consistent efforts to enhance its market share within the railway sector.As of July 10, 2026, Abha Power and Steel Limited reported that its current order book stands at approximately ₹ 18.00 Crores. The successful acquisition of this new business affirms the company’s strong presence in supplying critical goods to the public transport infrastructure industry.
The contract details pertain to the supply of castings as per a specified delivery schedule, subject to quality approval and standard terms of payment. The order is categorized as a domestic transaction, with an execution timeline set for one year.
Key details of the contract awarded by the North Central Railway are summarized below:
| Particulars | Details |
|---|---|
| Awarding Entity | North Central Railway |
| Nature of Order | Supply of Goods (Castings) |
| Commercial Consideration | ₹ 3,41,56,272.92 |
| Execution Period | 1 year |
Company Operations and Focus
Abha Power and Steel Limited serves a diverse range of industries, including Indian Railways, steel, cement, heavy engineering, mining, and power. The company focuses on quality, safety, and price competitiveness, maintaining long-term relationships both domestically and internationally across six countries, which include UAE, Qatar, Germany, Canada, Italy, Netherlands, and Nepal.The company operates two foundries—SG iron and steel—within its ISO 9001:2015 certified manufacturing facility in the Silpahri Industrial Area, Bilaspur. The operations are supported by a captive solar power plant with a capacity of 3 MW, which contributes to saving 3400 MT of CO2 emissions annually.
Since establishing a steel ingot and billet manufacturing plant in Hardikala, Bilaspur, in 2004, the company has expanded its capabilities. In 2009, it added a spheroidal graphite iron foundry specifically to cater to Indian Railways, and in 2016, the ingot plant was transformed into a steel foundry.
ABHAPOWER Stock Price Movement
Shares of Abha Power and Steel Limited hold steady at ₹26.55 as of 12:54 PM, trading flat with no change reported in live market activity. The stock has seen a traded quantity of 19,200 shares, maintaining its position within the current market dynamics.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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