Beruflich Dokumente
Kultur Dokumente
Type
Private
Traded as
Industry
Steel, energy
Founded
1952
Founder(s)
O P Jindal
Headquarters
Key people
Products
Revenue
Net income
Total assets
Employees
7,669 (2009)
Parent
Jindal Group
Website
www.jindalsteelpower.com
Jindal Steel and Power Limited (JSPL) is an Indian steel and energy company based in New Delhi, India and a division of Jindal Group conglomerate. With annual turnover of over US$4 billion, Jindal Steel & Power Limited (JSPL) is a part of about US$17 billion diversified O. P. Jindal Group. JSPL is a leading player in steel, power, mining, oil and gas and infrastructure. Naveen Jindal, the youngest son of the late O P Jindal, drives JSPL and its group companies Jindal Power Ltd, Jindal Petroleum Ltd., Jindal Cement Ltd. and Jindal Steel Bolivia. The company professes a belief in the concept of self-sufficiency. The company produces steel and power through backward integration from its own captive coal and iron-ore mines. However, in terms of tonnage, it is the third largest steel producer in India. The company manufactures and sells sponge iron, mild steel slabs, ferro chrome, iron ore, mild steel, structural, hot rolled plates and coils and coal based sponge iron plant. The company is also involved in power generation. Jindal Steel and Power is a part of the Jindal Group, founded by O. P. Jindal (1930 2005). In 1969, he started Pipe Unit Jindal India Limited at Hisar, India,[2] one of the earlier incarnations of his business empire. After Jindal's death in 2005, much of his assets were transferred to his wife, Savitri Jindal. Jindal Group's management was then split among his four sons with Naveen Jindal as the Chairman of Jindal Steel and Power Limited. His elder brother, Sajjan Jindal, is currently the head of ASSOCHAM, an influential body of the chambers of commerce, and the head of JSW Group, part of O.P. Jindal Group. On 3 June 2006, Bolivia granted development rights for one of the world's largest iron ore reserves in the El Mutn region to Jindal Steel. With an initial investment of US$1.5 billion, the company plans to invest an additional US$2.1 billion over the next eight years in the South American country.[3] Jindal Steel is most likely to terminate the contract of investing $2.1 billion in setting up a steel plant in Bolivia, due to nonfulfilment of contractual obligations by the Bolivian government.[4] Savitri Jindal, the widow of O. P. Jindal, is ranked as the 19th richest Indian person according to Forbes. The Jindal family established Vidya Devi Jindal School, a residential school for girls in Hisar, India, in 1984. Although not marketed as such, it is widely known to cater to the wealthy through its private location and array of activities.[citation needed] The school's student body comprises girls from affluent business and political families of India.[5]
Contents
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1 Involvement in coalgate scam 2 Future outlook 3 See also 4 References 5 External links
2 MTPA cement plant. Additional power generation of 540 MW. Medium structural mill. Pipe conveyor from mines to plant. Mini blast furnace up-gradation Fabrication unit in the industrial estate.
An MOU has been signed between JSPL and the Government of Chhattisgarh for setting up an additional 7.0 MTPA steel plant in phases and a 1600 MW power plant with an investment of over US $ 5.20 billion (Rs. 260 billion). Jharkhand An 11 million ton integrated steel plant and 2600 MW captive power plant in phases, with a total investment of US $ 6.00 billion, (Rs. 300 billion). Orissa A 12.5 million ton integrated steel plant and 2600 MW captive power plant in phases, with a total investment of US $ 8.00 billion (Rs. 400 billion). The first phase of 3 million ton is expected to be commissioned by 2011.
Coal to Liquid Petroleum Project Jindal Steel & Power has been allotted the Ramchandi Promotional Coal Block in Orissa for the proposed Coal to Liquid (CTL) project by the Union Coal Ministry, Government of India. The project cost estimated to be around US $ 8.4 billion (Rs. 420 billion) includes CTL plant, coal mining and power plant. The project to be located in Tehsil Kishore Nagar, Dist. Angul, Orissa will produce 80,000 barrels per day (4.0 MMTPA) crude using environment friendly Indirect Coal Liquification Technology developed by M/S Lurgi of Germany for the first time in India. The prestigious CTL project is yet another feather in JSPLs cap. Jindal Petroleum Limited As part of its diversification process, JSPL has recently forayed into the oil and gas sector, operating under the banner of Jindal Petroleum Limited. The company has acquired 7 Oil & Gas blocks in different parts of the world, including 5 in Georgia, 1 in Bolivia and 1 in India. Mr. Naveen Jindal recently led a delegation to Georgia to sign contracts with the Government of Georgia for the exploration and production of the blocks, signifying the importance the company is giving to its petroleum business. The company has so far committed an investment of US $ 200 million (Rs. 10 billion) and is working on several other projects in the sector. Bolivia JSPL plans to invest US $ 2.1 billion (Rs. 105 billion) in Bolivia, South America, in the coming years for mining and setting up of an integrated 1.7 MT steel plant, 450 MW power plant, 6 MT sponge iron and 10 MT iron ore pellet plant. Jindal Institute of Power Technology (JIPT) CEA Approved ABOUT THE INSTITUTE: Jindal Institute of Power Technology is recognized by Central Electricity Authority (CEA), Ministry of Power as category-l Institute, as per provisions of Sub Rule 2A of Rule 3 of Indian Electricity Rules 1956 is promoted by Jindal Education & Welfare Society, located at Jindal Power Limited which is a part of US$ 12 billion O.P. Jindal Group. The Institute possesses a world class Simulator of 250 MW/600 MW generating units & state of art infrastructure. JIPT is Located inside the 4X250,4X600 MW Jindal Thermal power plant in Tamnar,Raigarh,CG 496107 OBJECTIVE: To develop a pool of technically trained power plant professionals for power utilities of India & Abroad. The course authorizes the pass outs to operate OR undertake Maintenance of any part or whole of a generating stations of capacity 100 MW & above together with the associated sub stations. TRAINING METHODOLOGY: a) Class room lectures for imparting theoretical & technical knowledge b) Practical training in different technologies: 4X250, MW, 4X600 MW & 4X135 MW capacity Jindal thermal Power Plants. c) Simulator training (JIPT has 4X250 & 4X600 MW Honeywell make simulator which is replica of actual thermal plant) d) Case studies /group discussions/ experience sharing/panel discussion e) Self learning through CBT training packages f) Exposure Visits to other power plants Courses 1 year Post Graduate Program in Thermal Power Plant Technology (PGPTPT) After BE/Btech
1 year Post Diploma Program in Thermal Power Technology (PDPTPT) After Diploma The Courses started in August 2010 www.jipt.org http://www.opjems.com/ http://www.jindalsteel.com/ http://www.jgls.org/ Reference / WP:REF: www.jipt.org
About Us
OP Jindal Group
The core team of the group comprises the founder's four sons who manage group companies:
Mr. Prithvi Raj Jindal
Jindal Saw Ltd. Jindal SAW USA , LLC Hexa Securities & Finance Company Ltd. IUP Jindal Metals and Alloys Limited S V Trading Limited Jindal ITF Ltd.
The technology-driven group employs over 50,707 people across the globe. Shri O. P. Jindal over the years built a reputation of integrity and dynamism and his four sons are today continuing with his rich legacy. Now headed by Smt. Savitri Devi Jindal, the group is still expanding, integrating, amalgamating and growing across sectors around the world. website: www.jindalsteel.com
Jindal Power Limited (JPL), a subsidiary of Jindal Steel & Power Ltd. (JSPL), has been contributing significantly to the growing needs of power in the Country. JPL has set up India's first mega power project in the private sector at Raigarh, Chhattisgarh. The Company has invested approximately Rs. 4338 crore for setting up a 1000 MW power plant, the 1st unit of which commenced commercial operation in December 2007. All four units (250 MW each) were commissioned within a span of nine months. The fuel supply of the plant is met through its captive coal mines. A 6.9 km conveyor pipeline has been set up for transportation of coal between the mines and the plant. The Company has constructed a 258 km, 400 KV Double Circuit transmission line from the plant to the PGCIL sub-station at Raipur through which power can be sold anywhere in India. For meeting the plant's consumptive water requirement, an 18 m high dam over the Kurket River has been built, 25 km away from the project site.
Jindal Power Limited is expanding its capacity at Tamnar by setting up a 2400 MW thermal power plant at an estimated cost of Rs 13,410 crore. The Company has already placed order on Bharat Heavy Electricals Limited
(BHEL) for supply, erection and commissioning of 4X600 MW Boiler Turbine Generation (BTG) package. The existing 1000 MW power plant was set up with four Turbine Generators of 250 MW each, also supplied by BHEL. JPL has also signed an MoU with the State Government of Jharkhand to set up a 2640 MW thermal power plant. In the Hydro sector, JPL has signed agreements for development of three hydroelectric projects with combined capacity of 6100 MW in Arunachal Pradesh in joint venture with Hydro Power Development Corporation of Arunachal Pradesh Limited. Our vision is to establish a presence in other forms of power generation such as gas, hydro, wind, nuclear and solar power, with a focus on hydro and other forms of environment friendly renewable energy sources.
Home > Stock Market News > JSPL sitting on coal reserve of more than 2,300 million tonnes: Report
JSPL sitting on coal reserve of more than 2,300 million tonnes: Report
Jindal Steel & Power Ltd. | Steel/Sponge Iron/Pig Iron | Metals & Mining | BSE: 532286 | NSE: JINDALSTEL At a time when the country is facing severe coal shortages, Jindal Steel and Power (JSPL) is reportedly sitting on coal reserves of more than 2,300 million tonnes. All these coal blocks were allocated to Jindals company after the Congress-led UPA came to power. Recently, Central Bureau of Investigation (CBI) registered a case against Jindal the company over coal block allocation. The CBI is investigating alleged irregularities in awarding of coal mining rights potentially worth billions of dollars to private companies. The Company has reported 24.54% drop in FY13 net profit at Rs 1592.55 crore as compared to Rs 2110.65 crore for the year ended March 31, 2012. The companys total income has increased by 11.80% at Rs 15113.98 crore for the year as compared to Rs 13518.43 crore for the previous year. Date: 12-06-2013