JSW Vijayanagar Metallics has entrusted John Cockerill India (JCIL) and John Cockerill Metal International SA (JCMI, wholly owned subsidiary of the company), with the design, engineering, supply, supervision of erection & commissioning of two annealing & coating line (ACL 1 & ACL 2) and one Annealing & Pickling Line (APL) for CRNO Project as per terms and conditions mentioned in the Letter of Intent.

The aggregate contract value is approximately Rs 1,250 – 1,300 crore, comprising: a) JCIL: Approximately Rs 550 crore; b) JCMI: Approximately EUR 30–35 Million; and c) Consortium portion (with furnace supplier group): Approximately Rs 400 crore.