Gadchiroli pitched as Maharashtra’s future green steel hub India set to drive next global steel demand wave Italy crude steel output rises 3.1% in May Green steel progress remains slow worldwide
Abha Power & Steel attracted market attention after securing a new domestic railway order worth around ₹4.92 crore from a reputed Railway OEM. The order involves the supply of castings as per approved quality standards and delivery schedules, with execution planned by December 31, 2026.
The company’s total order book stood near ₹20 crore as of May 19, 2026, improving revenue visibility and strengthening its position in the railway casting and engineering products segment. The development also reflects steady demand from India’s railway infrastructure and manufacturing ecosystem.
For the steel and foundry industry, the order highlights growing opportunities in railway modernization, rolling stock, and industrial casting supply. Abha Power & Steel’s latest win may support investor confidence and business momentum in the coming quarters.
Also Read : Jindal Stainless signs PLI 1.2 pact to scale specialty steel Longer disruptions at Red Sea trade route may hurt auto, electronics production: GTRI
The Union Minister for Power and New & Renewable Energy, Shri R. K. Singh, chaired a meeting in...
Press Releases 26-Feb-2024
Jindal Steel has taken a major step in India’s steel and energy story by integrating adv...
Oil & Gas 06-Apr-2026
Inox Wind (IWL) shared the exciting news on Monday that its 3-megawatt (MW) Wind Turbine Generator (...
Large Corporate 29-Jan-2024
The coal ministry is expected to seek clearance to establish India's first coal trading market as pa...
Announcement 13-Jun-2024
Vietnam’s VinMetal, a Vingroup subsidiary, has signed a strategic cooperation agreement...
Asia 18-May-2026
India revealed that it will reduce import duties on specific electric vehicles (EVs) to companies th...
Automobiles 15-Mar-2024