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Jindal Steel & Power Reviews

New Delhi

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Jindal Steel & Power Limited (JSPL), a key entity within the US $18 billion O.P. Jindal Group, is a leading Indian industrial conglomerate with a dominant presence in the steel, power, mining, and infrastructure sectors. Founded by the visionary industrialist Shri O.P. Jindal in 1979 and currently led by Chairman Naveen Jindal, the company has evolved from a regional player into a global powerhouse. Headquartered in New Delhi, JSPL operates an integrated mine-to-metal business model, leveraging captive resources and advanced manufacturing capabilities to drive industrial growth. In the steel sector, JSPL is recognized as India's third-largest private steel producer. Its current steelmaking capacity stands at 15.6 MTPA, supported by major facilities in Angul (Odisha), Raigarh (Chhattisgarh), and Patratu (Jharkhand). The Angul plant is particularly notable for housing India's first Syngas-based coal gasification plant for iron making, reflecting the company’s commitment to innovative, low-carbon technology. JSPL’s diverse product portfolio includes the world’s longest 121-meter rails, parallel flange beams, plates, coils, and the popular Jindal Panther TMT rebars used extensively in construction. The company's power vertical, primarily managed through Jindal Power Limited (JPL), operates over 5,000 MW of installed capacity. This includes significant thermal power assets, such as the 3,400 MW plant in Tamnar, Chhattisgarh. JSPL also maintains 2,684 MW of captive power capacity to fuel its own industrial operations. Strategically, the company is diversifying into renewable energy, with a roadmap to reach 10,000 MW by 2030 through solar integration and cross-border partnerships, including projects in Botswana. JSPL’s mining operations provide the necessary raw materials, such as iron ore and coal, ensuring high operational efficiency. Beyond India, the company has established a significant global footprint with manufacturing and mining interests in Oman, Africa (Mozambique, South Africa, Botswana), and Australia. Financially, JSPL reported a consolidated gross revenue of INR 62,412 crore for FY26. The company is publicly traded on the NSE and BSE (Ticker: JINDALSTEL). Beyond business, JSPL emphasizes sustainability through its R.I.S.E framework (Responsible Governance, Inclusive Growth, Sustainable Environment, and Ethical Conduct). Its CSR arm, the Jindal Foundation, has impacted over 14 million lives through initiatives in healthcare, education, and community development. With a workforce of over 50,000 global employees, JSPL continues to be a driving force in India's journey toward becoming a global manufacturing hub, blending industrial excellence with a strong social conscience.