JNK India received an order on November 3 to design, engineer, supply and transport a heater package for a project in Nigeria. The customer is South Korea’s JNK Global, which is also one of the Indian company’s promoters.
In its stock-exchange filing, JNK India classified the contract as a “major” order. Under the company’s published classification, that means a value between ₹300 crore and ₹600 crore; an exact contract amount was not disclosed.
The filing specifies an 18-month schedule for free-on-board delivery. That describes the equipment delivery commitment and should not be read as a promised date for the Nigerian project to begin operating.
JNK India identified the agreement as a related-party transaction and said it was conducted on an arm’s-length basis. It did not disclose the project’s end customer or a specific site in Nigeria. The announcement adds an overseas equipment assignment to the company’s disclosed work, with engineering and transport included alongside supply.
Archive detail of an old industrial furnace, used illustratively; not JNK equipment or the Nigerian project. Photo: Furnace by flattop341, CC BY 2.0. Image supplied at web resolution.
