John Cockerill India bags ₹440–470 crore order from JSW Steel Coated Products

About this update from John Cockerill India Limited

Industrial engineering company John Cockerill India Ltd on Friday (May 15) said it has received an order from JSW Steel Coated Products Ltd for the design, manufacturing, supply, supervision of erection and commissioning of a pickling line, two-stand cold rolling mill and galvanising line (cold rolling complex), as per the agreed technical scope of supply.The contract value is estimated at approximately ₹440–470 crore. The execution period for the contract is up to June 2028. The company said the order has been awarded by a domestic entity and does not involve any interest from the promoter or promoter group in the awarding entity.Last month, John Cockerill India secured a contract worth approximately ₹300 crore from JSW Steel Coated Products Ltd. The order entails the design, manufacturing, supply, and supervision of the erection and commissioning of a Continuous Galvanising Line (CGL#3) at the client’s Khopoli plant.The scope also includes engineering and supply of associated equipment in line with the agreed technical specifications. The contract has been awarded by a domestic entity and does not fall under related party transactions. The company clarified that neither its promoter group nor group companies have any interest in the awarding entity.The project will involve comprehensive execution responsibilities, including design, engineering, and installation oversight, reflecting the company’s capabilities in delivering end-to-end industrial solutions.The Continuous Galvanising Line is a critical facility used in steel processing to enhance corrosion resistance and improve product durability. The execution timeline for the project extends until May 2028, indicating a long-term engagement between the two companies.Shares of John Cockerill India Ltd ended at ₹5,290.00, up by ₹33.75, or 0.64%, on the BSE.

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