Jindal Steel & Power

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Jindal Steel & Power (JSPL) was set up in 1990 and is under the Jindal Group. Jindal Steel & Power Ltd.'s main activities include production of ferro chrome, steel, sponge iron (coal-based), and also to generate power.

The company manufactures steel products of a wide range like track rails and crane rails, MS rounds, blooms and billets, columns and beams, and beam banks. Jindal Steel & Power has established a universal rail beam unit in India that is manufacturing finished rail120 meter long which is the longest in the world.

Jindal Steel & Power Company is providing power to Raigarh's Industrial Estate and State Electricity Board of Chhattisgarh at` 2.5 per unit.

Jindal Steel & Power has a mine of iron-ore in Tensa which is in Orissa. The company has the biggest sponge iron coal based production unit in Chhattisgarh's Raigarh. JSPL is a major player of Steel Industry in India with significant presence across the the sectors like steel, mining, power generation, and infrastructure. The total turnover of the company is more than US$ 2.8 Billion in 2011. JSPL has just expanded its operations in continents like Africa, Asia and South America.

Jindal Steel & Power is expanding for it is setting up a steel plant with the production capacity of 6 million tons in Orissa and Jharkhand. It is also setting up a 1000MW power plant in Chhattisgarh. This plant will be constructed with an investment of more than` 45,000 million. Jindal Steel & Power has helped the states in meeting the demand for power by supplying it in very low rates.

Latest Financial Figures(Figures in Rs. Crores)
ET 500 Rank(2011)55
IndustrySteel
Turnover13193.6
Profit after Tax(PAT)3804.01
MCAP (Market Capitalization)47960.51
Assets28320.34

Main Highlights of JSPL's Working:

  • Concerned for Ecological balance
  • Uses Environment friendly technologies
  • Committed towards nature's balance by maintaining clean and green environment
JSPL's CSR policies aims at bringing about a transformation in living standards of public. The key areas of focus are Health, Education, Women empowerment, livilihood, Employment, Youth and sports and population stabilisation.

Last Updated on 1/4/2012

Alphabetical List of Indian Companies