John Cockerill India Secures Contract with JSW Vijayanagar Metallics for CRNO Project
John Cockerill India Limited (JCIL) has been awarded a significant contract by JSW Vijayanagar Metallics Limited. The agreement involves providing Design, Engineering, Supply, Supervision of Erection, and Commissioning services for the CRNO Project.The scope of work includes setting up Two Annealing & Coating Lines (ACL 1 & ACL 2) and one Annealing & Pickling Line (APL). The contract award is structured according to the terms and conditions outlined in a Letter of Intent.
The total estimated contract value is approximately INR 1,250 - 1,300 Crores. This aggregate value is distributed across multiple entities participating in the project:
| Segment | Entity/Group | Approximate Value |
|---|---|---|
| JCIL Portion | John Cockerill India Limited | INR 550 Crores |
| JCMI Portion | John Cockerill Metal International SA | EUR 30 - 35 Million |
| Consortium Portion | Furnace Supplier Group | INR 400 Crores |
The order, which is considered a domestic contract, was secured from JSW Vijayanagar Metallics Limited. The project is scheduled for execution within 36 months from May 2026.
The contract scope covers the full technical lifecycle of the equipment, from design and engineering through to the successful commissioning of the new metallurgical lines at the CRNO Project site. The transaction was determined to be non-related party and falls within the domestic sector.
COCKERILL Stock Price Movement
Shares of John Cockerill India Limited today slipped by 0.54% to settle at ₹7593.5. Trading 41,440 shares, the equity had previously posted a strong 52-week high of ₹8085.5.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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