Abha Power Bags Rs. 6 Crore Indian Railways Order Boosting Growth
Sandip Raj Gupta
05/Dec/2024
What's Covered:
- Abha Power secures a Rs. 6 crore order from Indian Railways, expanding its vendor list.
- The company's total order book now stands at Rs. 19.88 crore, signaling growth.
- Abha Power’s focus on green manufacturing aligns with its sustainability goals.
Abha Power and Steel Limited, a leading manufacturer catering to industries like Indian Railways, steel, cement, and mining, has announced a significant milestone in its business journey. The company has secured a Rs. 6 crore order from Indian Railways, further solidifying its position in the railway supply chain. This development is pivotal for the company as it marks the launch of a new product line, ensuring a promising growth trajectory.
Order Details and Vendor Listing
Abha Power is now part of the vendor list for one of the esteemed Original Equipment Manufacturers (OEMs) for Indian Railways. This inclusion is expected to open doors to more opportunities in the railway sector, a critical focus area for the company. The current order is valued at Rs. 6 crore, boosting the company's order book to Rs. 19.88 crore as of December 2024.
The company’s association with Indian Railways, coupled with its proven track record, sets the stage for consistent growth. Abha Power’s product quality, competitive pricing, and innovative capabilities are key factors driving its success in such competitive sectors.
About Abha Power’s Green Initiatives
The company’s commitment to sustainability is evident in its operations. Abha Power operates a 3 MW captive solar power plant, saving an estimated 3400 metric tons of CO2 emissions annually. This aligns with its vision to become a green manufacturer of castings. The company’s environmentally friendly initiatives reduce operating costs while supporting global sustainability goals.
Expanding Facilities and Capabilities
Since its inception in 2004, Abha Power has grown significantly, starting with a steel ingot and billet manufacturing plant in Bilaspur, Chhattisgarh. Over the years, the company expanded its operations:
- In 2009, it added a spheroidal graphite (SG) iron foundry to serve Indian Railways.
- In 2016, it transitioned its ingot plant into a steel foundry.
- Today, the company operates two foundries—SG iron and steel—spanning a 319,200 square-foot ISO 9001:2015 certified facility in Bilaspur.
Abha Power has also established a presence in international markets, exporting to over six countries, including UAE, Qatar, Germany, Canada, Italy, and Nepal. This global reach highlights the company’s dedication to quality and value, ensuring long-term relationships with clients worldwide.
Growth Outlook and Future Plans
The new Indian Railways order marks a turning point for Abha Power, signaling growth and diversification. The company’s focus on green manufacturing, cost efficiency, and innovation positions it as a leader in its domain. Furthermore, its ability to cater to both standard and customized product demands ensures that it remains relevant in dynamic markets.
By securing such orders and expanding its product line, Abha Power is poised to achieve long-term growth and sustainability goals, reinforcing its role as a key contributor to India’s industrial and infrastructure development.
This milestone is not just a business achievement but also a step forward in the company’s journey towards being a more sustainable and globally competitive enterprise.
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