John Cockerill India Secures Contract Worth INR 85-90 Crores for Tunnel Furnace Packages Project

John Cockerill India Secures Contract Worth INR 85-90 Crores for Tunnel Furnace Packages Project

John Cockerill India Secures Contract Worth INR 85-90 Crores for Tunnel Furnace Packages Project​

John Cockerill India Limited (JCIL) has been entrusted with a significant contract by JSW JFE Electrical Steel Nashik Private Limited. The agreement involves the manufacturing, supply, and services required for the Tunnel Furnace Packages of the CRGO Project, valued at approximately INR 85 - 90 Crores.

The order is domestic in nature. This contract mandates that JCIL execute the work within 15 months from June 2026.

JSW JFE Electrical Steel Nashik Private Limited has awarded the comprehensive contract to John Cockerill India Ltd for the manufacturing and provision of services related to the Tunnel Furnace Packages for the CRGO Project. The scope of the project line is detailed as including an Entry Vestibule, Process Section, Exit Vestibule, and a Car Return Mechanism (Mule Car).

The key commercial details of this domestic order are summarized below:

Contract DetailInformation
Awarding EntityJSW JFE Electrical Steel Nashik Private Limited
Nature of OrderManufacturing, Supply & Services for Tunnel Furnace Packages of CRGO Project.
Line ComponentsEntry Vestibule, Process Section, Exit Vestibule, Car Return Mechanism (Mule Car)
Contract ValueApproximately INR 85 - 90 Crores
Execution PeriodWithin 15 months from June 2026
Relationship StatusNeither the promoter nor the promoter group companies of JSW JFE Electrical Steel Nashik Private Limited have any interest in JCIL, and the contract does not constitute a related party transaction.

COCKERILL Stock Price Movement​

Today, John Cockerill India Limited shares edged higher to close at ₹9125, recording a gain of 1.85% in trading. The equity traded on a volume of 13,391 shares during the session.
 

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Editorial Note

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