In a noteworthy collaboration, Jindal Steel and Power Limited (JSPL) and Engineers India Limited (EIL) have formalized a contract for the supply of basic engineering and detail engineering services. The contract pertains to a Direct Reduced Iron (DRI) plant located in Angul, Odisha. The project encompasses not only the DRI plant but also its associated facilities.
The agreement between JSPL and EIL signifies a major stride in the advancement of the iron production sector. By leveraging their respective expertise and resources, the two esteemed companies aim to optimize the engineering aspects of the DRI plant and ensure its seamless operation.
While precise details about the contract cannot be divulged due to confidentiality, it is expected that the collaboration between JSPL and EIL will span a period of approximately 20 months. This timeframe will allow for comprehensive basic engineering and detail engineering services, encompassing the design, planning, and execution of the project.
The contract, valued at ₹1550 lakhs, underscores the commitment of JSPL and EIL to drive innovation and growth in the iron and steel sector. Through this strategic partnership, both companies aim to make substantial contributions to the development of the DRI plant and the associated facilities in Angul, Odisha.