Contract Details
JSW Vijayanagar Metallics Limited has awarded a contract to John Cockerill India Limited (JCIL) and John Cockerill Metal International SA (JCMI, Wholly Owned Subsidiary of the Company) for:
- Design, Engineering, Supply, Supervision of Erection & Commissioning
- Two Annealing & Coating Lines (ACL 1 & ACL 2)
- One Annealing & Pickling Line (APL)
- For CRNO Project
Contract Value Breakdown
The aggregate contract value is approximately INR 1,250 - 1,300 Crores, comprising:
- JCIL portion: Approximately INR 550 Crores
- JCMI portion: Approximately EUR 30-35 Million
- Consortium portion (with furnace supplier group): Approximately INR 400 Crores
Execution Timeline
The contract is to be executed within 36 months from May 2026.
Entity Relationships
- Awarding entity: JSW Vijayanagar Metallics Limited (Domestic)
- No promoter/promoter group/group companies have any interest in the entity that awarded the contract
- The order does not fall within related party transactions
- The transaction is confirmed to be at "arm's length"