Jindal Steel And Power Limited

Companies are part of Naveen Jindal group, which is following a deleveraging strategy

Jindal Steel and Power Ltd (JSPL) on Sunday said it will manufacture India's first fire-resistant steel structures at its unit in Raigarh, Chhatisgarh. With the production of a special steel item for the first time in India, the company will target segments like refineries, bridges, metro projects, industrial structures, steel, power plants, hospitals, commercial and residential buildings, JSPL said in a statement. "JSPL has received BIS certification to manufacture India's first fire-resistant steel structures at its rail mill in Chhattisgarh. The BIS 15103 grade steel structural steels are designed to withstand temperatures up to 600 degrees celsius for 3 hours," it said. The grade is being imported at present. The new grade steel structures will help the nation to reduce dependence on imports, the company said. "The license provided to the company will be a game-changer in strengthening India's infrastructure & its safety standards. Fire-resistant steel will provide much-needed

Revenue from operations on a consolidated basis at Rs 12,452.44 crore declined by 0.57 per cent over the same period last year

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During the quarter under review, its total income rose to Rs 13,069.17 crore from Rs 10,643.17 crore a year ago

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The company is already using the coal gasification technology to produce steel at its plant in Angul, Odisha

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"We are going to increase exports from 25 per cent to 35 per cent of production and even more if need be," said Sharma

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Jindal Steel and Power Limited (JSPL) said its steel production rose to 5.90 million tonnes during April-December 2021