John Cockerill India Limited has been awarded a contract worth approximately USD 31 mln by JSW JFE Electrical Steel Nashik Private Limited.
The agreement covers the engineering, design, manufacture, and supply of advanced tunnel furnace equipment to be installed at JSW JFE Electrical Steel’s Nashik facility, along with supervision of erection and commissioning.
The tunnel furnaces will play a critical role in the production line for electrical steel, enabling precise heat treatment and ensuring consistent product quality.
This project is expected to significantly enhance JSW JFE Electrical Steel Nashik’s production capabilities and strengthen its position in the high-grade electrical steel segment, which serves growing demand from energy-efficient motors, transformers, and other electrical equipment.