Page 2 - Jindal Steel & Power

Steel, oil ministers inaugurate JSPL's oxygen furnace, other facilities

Dharmendra Pradhan said about 80% of coking coal is imported by India

Jindal Steel & Power falls 8% on profit booking post Q4 results

Thus far in the calendar year 2018, JSPL had outperformed the market by surging 28% as compared to 3.7% rise in the Sensex till Wednesday.

JSPL successfully completes Basic Oxygen Furnace in Odisha plant

Jindal Steel & Power Ltd (JSPL) has successfully completed a 250 tonne Basic Oxygen Furnace (BOF), marking the completion of its six million tonne per annum (mtpa) integrated steel project at Angul (Odisha).With the completion of the new steel making facility, JSPL will utilize the full capacity of its four mtpa blast furnace, the largest in the country. The BOF will also enable the company to achieve significantly higher cost effectiveness and efficiencies in steel making."With the successful completion of the BOF today, the Angul steel complex will now achieve optimal efficiencies in terms of cost and operation. We congratulate JSPL's Angul team for completing the BOF within the prescribed time frame", Naveen Jindal, chairman of JSPL said. The 250 tonne BOF will produce three million tonnes of high-grade steel per annum. For the first time in the country, JSPL has deployed the innovative Dry Gas Cleaning System, which is superior in terms of environment-friendliness as compared .

Japan's Sumitomo, Jindal Steel among 8 bidders for Railways' global tender

The tender will end the monopoly of state-owned Steel Authority of India in supplying rails

Cost cutting helps JSPL narrow losses to Rs 407 cr

The company recorded higher volumes and better price realisation during the quarter

JSPL secures new order from Coal India, gains 5%

The stock at Rs 79.35 and touched a high and low of Rs 83.50 and Rs 79.10, respectively today

Jindal Steel defaults on debenture interest payments

Jindal Steel and Power listed 11 debentures on which interest was due on September 30 but had not been paid

Jindal Steel & Power defaults on interest payments on 11 NCDs

Most of the instruments had a coupon of 9.8%; Naveen Jindal-led firm's total debt at Rs 44,000 cr as on March 31, 2016

Jindal Steel & Power slips as Q1 net loss widens

The company reported consolidated net loss of Rs 1,082.15 crore in Q1 June 2016

We will not carry debt but ramp up earnings: Ravi Uppal

Interview with Jindal Steel & Power MD & Group CEO

JSPL to recast Rs 7,500-cr loan

Company in talks with lenders to take the debt out of its steel portfolio under the Reserve Bank's 5X25 scheme

JSPL to ship speciality rails to Iran

JSPL is shipping rails through the Gangavaram port in Andhra Pradesh

Power sector is very dear to us: Ravi Uppal

Interview with MD & Group CEO, JSPL