Abha Power Secures Order from Railway OEM, Elevates Rail Sector Business
Abha Power and Steel Limited has secured a new order worth ₹ 18,988,560/- from a reputed Railway Original Equipment Manufacturer (OEM). This contract involves the supply of castings as per delivery schedules, subject to inspection and quality approval.The awarded domestic order is scheduled for execution by August 31, 2026. The transaction was confirmed with the Reputed Railway OEM and involves no conflicts of interest or related party transactions.
As of August 8, 2026, the company’s total order book stands at approximately ₹ 19.00 Cr, underscoring Abha Power and Steel Limited’s strong position within the railway sector and its consistent efforts to grow market share.
The contract details specify that the goods are being supplied by a domestic entity.
Abha Power and Steel Limited (APSL) is a company with extensive experience catering to diverse heavy industries, including steel, cement, mining, power, and notably Indian Railways. The manufacturing facility operates two foundries—SG iron and steel—within its ISO 9001:2015 certified site in the Silpahri Industrial Area, Bilaspur.
The company also maintains a commitment to sustainability, operating a captive solar power plant with a capacity of 3 MW at its facility. Since establishing its presence in 2004, Apsl has evolved, starting from a steel ingot and billet manufacturing plant to a specialized foundry serving the needs of Indian Railways.
ABHAPOWER Stock Price Movement
Abha Power and Steel Limited shares settled on Friday, maintaining stability at the previous close with trading concluding at ₹26. The stock saw no change during the session, holding firm at the day's closing mark.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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