John Cockerill India Secures Contract with JSW Steel for Continuous Galvanizing Line
John Cockerill India Limited has secured a significant contract from JSW Steel Coated Products Limited for the design, manufacturing, and installation of a Continuous Galvanizing Line (CGL#3) at the client's Khopoli plant. The total value of the contract is reported to be approximately INR 300 crores.The agreement covers the complete technical scope for the Continuous Galvanizing Line (CGL), including Design, Engineering, Supply, and associated services. This robust business engagement positions John Cockerill India to execute the project, which has a mandated execution period ending in May 2028.
The transaction details reveal that the contract is domestic in nature, awarded by a domestic entity. The scope of work entails Design, Manufacturing, Supply, Supervision of Erection, and Commissioning of the Continuous Galvanizing Line (CGL#3). JSW Steel Coated Products Limited is the entity awarding the order.
The key terms and conditions of the contract are summarized below:
| Detail | Description |
|---|---|
| Awarding Entity | JSW Steel Coated Products Limited |
| Nature of Contract | Design, Manufacturing, Supply, Supervision of Erection & Commissioning of Continuous Galvanizing Line (CGL#3) |
| Scope of Work | Design, Engineering, Supply of Continuous Galvanizing Line (CGL#3) and associated equipment, following the agreed Technical Scope for Continuous Galvanizing Line (CGL) |
| Contract Value | Approx Rs. 300 crores |
| Execution Timeline | May 2028 |
| Domestic/International | Domestic |
| Related Party Status | Not a related party transaction |
Stock Price Movement
On Wednesday, John Cockerill India Ltd shares closed at ₹5052.00, posting a gain of 2.75% for the day. Throughout the trading session, the stock tested lows near ₹4911.05 before reaching an intraday peak of ₹5099.00.Source:
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