John Cockerill India Limited , a leading player in the industrial equipment sector, has recently made headlines with two significant developments that underscore its growing prominence in the Indian manufacturing landscape.

Major Contract Win from JSW JFE Electrical Steel Nashik

John Cockerill India has secured a substantial contract from JSW JFE Electrical Steel Nashik Private Limited, one of India's pioneering manufacturers of Cold Rolled Grain-Oriented Electrical Steel (CRGO). The contract entails the engineering, design, manufacture, and supply of state-of-the-art high temperature tunnel furnaces for JSW JFE's Nashik facility.

The scope of the project includes:

• Supply of all components for the tunnel furnaces, including advanced coil handling systems
• Supervision of erection and commissioning
• Ensuring the achievement of contractual performance guarantees

This project is slated for completion in the first quarter of 2027 and plays a crucial role in JSW JFE's ambitious expansion plans.

Expansion of CRGO Steel Production Capacity

The contract is part of a larger initiative by JSW JFE Electrical Steel Nashik to significantly boost its CRGO production capacity. The company has announced plans to increase its manufacturing capability from the current 50,000 TPA (Tonnes Per Annum) to an impressive 250,000 TPA, representing a five-fold expansion.

This expansion aligns with India's growing demand for energy-efficient electrical infrastructure, particularly in the power transmission sector. The high temperature tunnel furnaces supplied by John Cockerill India are critical in refining the magnetic properties and microstructure of Grain-Oriented Electrical Steel (GOES), which is essential for high-efficiency power transformers.

Management Perspectives

Frederic Martin, Managing Director of John Cockerill India Limited, expressed confidence in the project, stating, "This project reflects JSW JFE Electrical Steel Nashik's continued confidence in John Cockerill's technology and expertise, built on a history of successful collaboration within the John Cockerill Group. Our advanced furnace technology and commitment to performance excellence will help produce high-quality electrical steel that supports India's growing power infrastructure needs."

Joydeep Bhattacharjee, CEO of JSW JFE Electrical Steel Nashik Pvt. Ltd., added, "This expansion marks a significant milestone in our journey to strengthen India's self-reliance in high-grade electrical steel production. By partnering with John Cockerill, we are confident of achieving world-class manufacturing standards that will enable us to serve the country's growing demand for energy-efficient transformers and power infrastructure."

Additional Contract Win

In a separate development, John Cockerill India has also secured a contract worth approximately INR 50.00 crore from Godawari Power and Ispat Limited. This contract involves the engineering, design, manufacture, and supply of a 6HI Cold Rolling Mill to be installed at Godawari Power's TILDA, Chhattisgarh location. John Cockerill India will also supervise the erection and commissioning of the mill, with the project expected to be completed by the end of 2026.

These recent contract wins and the associated expansion projects highlight John Cockerill India's strong position in the industrial equipment sector and its crucial role in supporting India's manufacturing growth and energy infrastructure development.

John Cockerill India Limited , a prominent player in the industrial equipment sector, has recently announced significant contract wins, showcasing the company's strong market position and continued growth trajectory.

500 Crore Rupee Contract Secured

John Cockerill India has secured a substantial contract valued at approximately 500.00 crore rupees. While the company has confirmed the contract award, specific details regarding the nature of the contract, the client, and the project timeline have not been disclosed at this time.

Additional 50 Crore Rupee Contract with Godawari Power and Ispat Limited

In a separate development, John Cockerill India has been awarded a contract worth around 50.00 crore rupees by Godawari Power and Ispat Limited. This contract involves the engineering, design, manufacture, and supply of a 6HI Cold Rolling Mill to be installed at Godawari Power's TILDA, Chhattisgarh location.

Contract Details

The scope of work for the Godawari Power contract includes:

• Delivery of all critical components required for the Cold Rolling Mill
• Supervision of erection and commissioning of the Mill
• Achieving contractual performance guarantees

The project is expected to be executed by the end of 2026, as per the company's regulatory filing.

Strategic Importance

These contract wins, totaling 550.00 crore rupees, underscore John Cockerill India's expertise in the industrial equipment sector and its ability to secure significant projects. The contracts are expected to contribute positively to the company's order book and future revenue streams.

John Cockerill India's involvement in these projects, particularly in the steel industry, highlights its role in supporting India's industrial growth and infrastructure development.

Compliance and Transparency

In line with regulatory requirements, John Cockerill India has promptly disclosed the details of the Godawari Power contract to the Bombay Stock Exchange (BSE) under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company has confirmed that the contract with Godawari Power and Ispat Limited does not fall under related party transactions, and there is no interest from the promoter or promoter group in the awarding entity.

As John Cockerill India continues to secure significant contracts, investors and industry observers will likely keep a close watch on the company's performance and future project executions.