Jindal Steel and Power
Jindal Steel and Power Limited (JSPL) is an Indian steel company based in New Delhi. JSPL is a part of OP Jindal Group.
| Company type | Public |
|---|---|
Traded as |
|
| ISIN | INE749A01030 |
| Industry | Steel, Energy |
| Founder | O P Jindal |
| Headquarters | New Delhi, India |
Area served | Worldwide |
Key people | Naveen Jindal (Chairman) Bimlendra Jha (MD) |
| Products | Steel, Iron, Electricity generation and distribution |
| Revenue | ₹52,768.23 crore (US$6.6 billion) (2023) |
| ₹4,485.49 crore (US$560 million) (2023) | |
Net income | ₹3,974.09 crore (US$500 million) (2023) |
| Total assets | ₹69,427.23 crore (US$8.7 billion) (2023) |
| Total equity | ₹39,019.03 crore (US$4.9 billion) (2023) |
Number of employees | 21,000 (2022) |
| Subsidiaries | Jindal Petroleum Limited JSPL Machinery Jindal Cement Jsp Metallics Limited Jindal Infosolutions Ltd Jindal Synfuels Ltd Jindal Minerals & Metals Jindal Power Raigarh Pathalgaon Expressway Ltd. |
| Website | jindalsteelpower.com |
In terms of tonnage, it is the third-largest private steel producer in India and the only private player in India to produce rails. The company manufactures and sells sponge iron, mild steel slabs, rails, mild steel, structural, hot rolled plates, iron ore pellets, and coils. Jindal Steel and Power set up the world's first coal-gasification based DRI plant at Angul, Odisha that uses the locally available high-ash coal and turns it into synthesis gas for steel making, reducing the dependence on imported coke-rich coal. JSPL's coal gas-based steel tech became a case study at Harvard University.
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