Company News: Jindal Steel and Power
Updated: 24 Jan 2011
With an annual turnover of over US $2.3 billion (Rs. 11,000 crore), Jindal Steel & Power Limited is a part of about US $ 12 billion diversified O. P. Jindal Group. It is a leading player in Steel, Power, Mining, Coal to Liquid, Oil & Gas and Infrastructure, consistently tapping new opportunities by increasing production capacity, diversifying investments, and leveraging its core capabilities to venture into new businesses. JSPL’s investment commitments in steel, power, oil & gas and mining have touched more than US $ 30 billion today. In the recent past, JSPL has expanded its steel, power and mining businesses to various parts of the world particularly in Asia, Africa, South America and Australia. The company, today, is the largest private sector investor in the state of Chhattisgarh with an investment commitment of over US$ 6 billion (Rs. 30,000 crore).Mr. Naveen Jindal, the youngest son of the legendry late Shri. O P Jindal, spearheads Jindal Steel & Power Limited and its group companies Jindal Power Ltd, Jindal Steel Bolivia, Jindal Petroleum Ltd. and Jindal Cement with a belief in the concept of self-sufficiency. The company produces economical and efficient steel and power through backward integration from its own captive coal and iron-ore mines. An enterprising spirit and ability to discern future trends have been the driving force behind the company's remarkable growth. And the recognition it has received only further lends credence to this. Jindal Steel & Power Limited has recently been rated as the second highest value creator in the world by Boston Consulting Group. The company has also been rated as one of the Best Blue Chip companies by Dalal Street Journal; One of the Fab 50 Companies by Forbes Asia as well as the Highest Wealth Creator by the Dalal Street Journal. It has also won several awards for its efficient operations and commitment to environment & safety.
The company has scaled new heights with the combined force of innovation, adaptation of new technology and the collective skills of its 15,000 strong, committed workforce.
The company has scaled new heights with the combined force of innovation, adaptation of new technology and the collective skills of its 15,000 strong, committed workforce.
Also Known as: Jindal Steel & Power
Business Category Exploration; Mining
Regions of Operation Central and Northern Asia; South-East Asia
Exchange Ticker 532286
Financial Information
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Exchanges listed on BOM
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Shares Issued
Jindal Centre
- 12 Bhikaiji Cama Place
- New Delhi
- 110 066
- India
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