Please find enclosed a copy of the press release dated September 9, 2025 titled "JSW JFE Electrical Steel Nashik Private Limited awards major contract to John Cockerill India Limited for ....
COCKERILL · price
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John Cockerill India has bagged a major contract from JSW JFE Electrical Steel Nashik Private Limited to design, manufacture, and supply high-temperature tunnel furnaces, along with advanced coil handling systems and supervision of erection and commissioning. The contract is part of JSW JFE's large expansion plan to scale up its Cold Rolled Grain-Oriented (CRGO) electrical steel production capacity from 50,000 tonnes per annum to 250,000 tonnes per annum — a fivefold jump. The tunnel furnaces are a critical step in making grain-oriented electrical steel used in high-efficiency power transformers. Project completion is targeted for the first quarter of 2027. The order was first disclosed to the stock exchanges on August 11, 2025, and this filing shares the detailed press release.
Positive for John Cockerill India — the order strengthens its order book and gives multi-year revenue visibility until Q1 2027 while reinforcing its position as a key technology partner in India's fast-growing electrical steel and power infrastructure sector.