JSPL on the Leap of Growth

The resurgence of Jindal Steel & Power Ltd (JSPL) began from its Angul steel plant operations from October 2017 with the successful commissioning of the blast furnace that has taken the plant capacity to six million tonnes per annum. The company was not having a successful run for past few years, had its share of challenges. The company’s down graph has picked up in the past few months and it all goes to the enterprising spirit of Naveen Jindal, Chairman of JSPL. Recent development of JSPL, when it bagged 20 percent of Rs 2,500 crore global tender by Indian Railways to supply long rails.  Supplying rails to Indian Railways is like a “dream come true”, Naveen Jindal. This became the first private company to supply rails to the railways. Aso JSPL plans to increase production at Angul and Oman Plant. During Q2 of FY 2018-19, JSPL is also looking to start the 2 MnTpa DRI Plant powered by world’s largest Coal Gasification Plant (CGP) for steelmaking at Angul.