John Cockerill India Limited has secured a contract worth approximately INR 2.7 billion from JSW JFE Electrical Steel Nashik Private Limited for supplying equipment for tunnel furnaces at their Nashik plant. The contract also includes supervision of erection and commissioning of the production line.
The scope encompasses engineering, design, manufacturing, and delivery of critical components for the tunnel furnaces, including the coil handling system. The project is scheduled for completion by May 2027.
This contract closely follows JSW and JFE Steel’s announcement of broader expansion plans involving cold rolled grain-oriented electrical steel (CRGO) production, increasing capacity at the Nashik facility from 50,000 tons per annum to 250,000 tons per annum. This expansion is backed by an investment of INR 43 billion, forming part of a larger INR 58.45 billion program spanning the Nashik and Vijayanagar plants. The joint venture aims to address India’s rising demand for electrical steel and reduce import dependency.
John Cockerill India Limited, part of the John Cockerill Group, provides industrial engineering solutions across metals, environment, energy, defence, and other sectors. The company operates multiple locations in India, serving both domestic and international clients.
