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Naveen Jindal's JSPL to break even from Angul operations in October

To go for temporary shutdown of loss making coal gasification unit

Naveen Jindal's JSPL to break even from Angul operations in October
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Jayajit Dash Bhubaneswar
Naveen Jindal promoted Jindal Steel & Power Ltd (JSPL) expects to break even from its Angul steel plant operations from October this year with the successful commissioning of the blast furnace that has taken the plant capacity to six million tonne per annum.

With the blast furnace commencing operations, JSPL has also planned to go for temporary shutdown of its loss making coal gasification based-DRI plant which is running at a depleted capacity.

“I hope from October, we will be breaking even from the Angul plant. From July, we hope that we will be doing much better and we will