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Jindal Steel & Power Limited (JSPL) was established in the year 1990 by hiving off the Raigarh & Raipur Divisions of Jindal Strips Ltd. JSPL forms a part of the $ $12 billion (over Rs. 60,000 crore) Jindal Group. JSPL is a leading player in Steel, Power, Mining, Oil & Gas and Infrastructure.
The company produces economical and efficient steel and power through backward integration from its own captive coal and iron–ore mines and passes on the benefits to its customers. Naveen Jindal, the youngest son of the legendry late O P Jindal, drives JSPL and its group companies Jindal Power Ltd, Jindal Petroleum Ltd., Jindal Cement Ltd. and Jindal Steel Bolivia.
The O P Jindal Group has emerged as one of India's most dynamic business groups over the past three decades. Today, the group is a multi–billion, multi–location, multi–product business empire. From mining iron ore and coal, the group produces sponge iron, ferro alloys and a wide range of hot–rolled and cold–rolled steel products ranging from HR coils/sheets/plates, hot–rolled structural sections and rails to CR coils/sheets, high–grade pipes and value added items such as stainless steel, galvanized steel & coated pipes. It has not only diversified into power generation but also into petroleum, infrastructure, diamond and high value metals & mineral exploration. The group has manufacturing facilities across India, US & Indonesia and marketing/representative offices across the globe.
An enterprising spirit and ability to discern future trends have been the driving force behind the company's remarkable growth. The company has scaled new heights with the combined force of innovation, adaptation of new technology and the collective skills of its 15,000 strong, committed workforce. It has won wide acclaim for its efficient operations and commitment to environment & society.
JSPL has consistently tapped new opportunities by increasing production capacity, diversifying investments, and leveraging its core capabilities to venture into new businesses. JSPL’s investment commitments in steel, power, oil & gas and mining have touched more than $ 30 billion (Rs. 1,50,000 crore). The company, today, is the largest private sector investor in the state of Chhattisgarh.
The company is having altogether eight facilities in India, of which four are in Chhatisgarh, two in Orissa and one in Jharkhand while its international facility is located at Bolivia (South America). JSPL is exploring steel production and mining projects in other parts of the world, such as Mozambique, South Africa, Mongolia, Brazil and Indonesia. JSPL has diversified into exploration of diamond, gold, precious stones and other high value metals and minerals in Chhattisgarh, Jharkhand and Republic of Congo.
Other group company’s are:
- JSL Ltd.
- Jindal Saw Ltd.
- JSW Steel Ltd.
- Chhattisgarh Energy Trading Company Limited (CETCL) is an affiliate of Jindal Steel and Power Limited. It was incorporated in Sept.2008 .Currently CETCL is category ‘II’ licensee
- Jindal Power Limited – Jindal Power Limited (JPL), an affiliate of JSPL has set up India’s first mega power project – the 1000 MW O P Jindal Super Thermal Power Plant at Raigarh, Chhattisgarh.
Product Range of the company includes:
Rails– Giving impetus to the significant rail sector, JSPL has pioneered the manufacturing of 120 meter long track rails in the Indian sub–continent. The world’s longest track rails are a testimony of JSPL’s manufacturing capabilities where continuous innovation is a practice rather than an exception.
Parallel Flange Sections – JSPL pioneered the production of medium and large size Hot Rolled Parallel Flange Beams and Column Sections (H–Beams) in India. The beams are cost effective and provide design–flexibility.
Plates & Coils– JSPL is equipped with India's first 'one of a kind' state–of–the–art plate mill that produces plates and coils of 3.5 and 3 meters width, respectively, for the first time in the private sector. The products are of premium quality, owing to its sound steel refining properties.
Semi–Finished Products– JSPL has a capacity to produce about three million tonnes per annum of semis which are primarily used for captive use in JSPLs’ 0.75 million tonne per annum capacity Rail & Universal Beam Mill and 1.0 million tonne per annum capacity Plate & Stackle Mill. Power– the company started power generation over a decade back. In the beginning it was a captive power facility using waste heat from the rotary kiln boilers and the coal rejects of the washery. Over the years however, Jindal Steel and Power Ltd (JSPL) and its affiliate Jindal Power Ltd. (JPL) have come up in a big way and are producing about 1400 MW power through both captive and commercial facilities.
Ferro Chrome – At JSPL, high–grade chrome ore, one of the pre–requisites for making ferro chrome, is sourced from the captive chrome ore mines in Sukinda Valley of Orissa.
Sponge Iron – JSPL has world's largest coal–based sponge iron manufacturing facility and stands out as the market leader in coal–based sponge iron industry within India. Efficient backward integration has rendered JSPL as the only sponge iron manufacturer in the country, with its own captive raw material resources and power generation capacity helping the company to monitor both price and quality of its products.
September 28,2011: Hon’ble Chairperson, Co–ordination Committee, Shri Shibu Soren and Hon'ble Chief Minister of Jharkhand, Shri Arjun Munda dedicated to the Nation the second unit of the 6 Million Tonne Steel Plant (the 1.2 MTPA Bar Mill) of Jindal Steel and Power Limited (JSPL) at Patratu, in Ramgarh district, at a glittering ceremony.
August 2,2011: Jindal Steel & Power d (JSPL) and Jindal Power (JPL)’s Annual Reports 2009–10, won Gold Awards at ‘The League of American Communications Professionals (LACP) Vision Awards’ – the world’s most prestigious contest in the domain of corporate reporting. While the JSPL Annual Report won the award in the ‘Materials’ category, the JPL Annual Report bagged the award in the ‘Energy Equipment and Services’ category.
May 31,2011: Jindal Shadeed plant was dedicated to the Nation, by H.E. Sheikh Sa’ad Bin Mohammed bin Said al Mardhouf al Sa’adi, Minister of Commerce and Industry, Sultanate of Oman. Jindal Shadeed Iron and Steel LLC (JSIS) is a wholly owned subsidiary of the Naveen Jindal–led Jindal Steel and Power Limited (JSPL), India.
Greentech Platinum CSR Award 2013
Commences commercial operation of 4th Unit of 135 MW power at Dongamahua, Raigarh (Chhattisgarh).
Acquires CIC's Energy Corp. Canada having 6 Billion Tonn coal resources in Botswana
SPL launches on–market cash offer to acquire Rocklands Richfield
Jindal Steel Bolivia commences dispatch of iron ore from EL–Mutun mines, Bolivia
Think Odisha Leadership Award 2011
Asia Pacific HRM Congress 2011 Awards
Greentech Platinum CSR Award 2011
Justice PN Bagwati Award
CII National Excellence Award 2011
Dun & Bradsheet – Rolta Corporate Awards 2011
Corporate Social Responsibility Awards:JSPL has been accorded the 'Think Odisha leadership Award' 2010 for the third year consecutively for its excellence in the field of Corporate Social Responsibility (CSR).
JSPL bags Think Odisha Leadership Award in Corporate Social Responsibility 2009 for the best community development programme and its implementation in rural areas.
JSPL conferred with CSR Excellence Award by ASSOCHAM for promoting and propagating Corporate Social Responsibility initiatives
'Transforming Vision into Reality' award for 2009–10 was awarded to JSPL at the CSR Quest 2010 at Ranchi.
JSPL bags Think Odisha Leadership Award in Corporate Social Responsibility 2009 for the best communitydevelopment programme and its implementation in rural areas. Mega India Excellence Award 2009 (for Best Company in Corporate Social Responsibility)
JSPL bags Think Odisha Leadership Award in Corporate Social Responsibility 2008
Golden Peacock CSR Award 2006
Sports Promotion Awards:
FICCI annual award 2006 for corporate initiatives in sports.
JPL received Amity Corporate Excellence Award for the Best Power Generation Company
JSPL won award for Organization with Innovative HR practices and Institution Building at 18th Global HR Excellence Awards at the World HRD Congress
JSPL commended with 'Strong Commitment to HR Excellence' at CII NATIONAL HR EXCELLENCE AWARD 2009
SAIL–HR Award for excellence in Human Resource Management 2009
JSPL among Top–20 'Best Companies To Work For' by Business Today – 2009
CII Chhattisgarh HR Excellence Award – 2004
Asia Pacific HR Excellence Award – 2003
Greentech Safety Award 2009: Gold Award
National Safety Award (Mines) 2006, by the Ministry of Labour
National Safety Award (Mines) 2005, by the Ministry of Labour
National Safety Award (Mines) 2004, by the Ministry of Labour
National Safety Award for the year 2003, by the Ministry of Labour
Greentech Safety Award – 2003
Second prize in the National Safety Award 1998 for longest accident–free period by the Ministry of Labour
Naveen Jindal won the Ernst and Young Entrepreneur of the Year award for 2010 in the field of Energy and Infrastructure.
JSPL ranked 3rd in the Metals Category of Business World's India's Most Respected Companies survey
Jindal Steel and Power gets Forbes Asia’s ‘Fabulous 50’ international award
Jindal Steel and Power ranked as number 25 in the list of Super 100 companies in India
JSPL secures 39th rank in Business World BW 500 rankings and also ranked as 15th ‘Most Profitable’ and 18th in ‘Highest Market Capitalization’ category, November, 2010JSPL has top ranked in the “Steel” category of Business Today’s BT 500 India’s Most Valuable Companies – in the Private Sector Business Today, November, 2010 JSPL features in Forbes Asia’s Fab 50 companies 2010 Forbes Asia, September, 2010
JSPL rated as second highest value creator in the world by Boston Consulting Group in September 2010.
Jindal Steel & Power was selected as the top Indian company in the Iron and Steel sector for the Dun & Bradstreet – Rolta Corporate Awards 2010
JSPL rated as one of the best Blue Chip companies in India by Dalal Street Magazine, March, 2010
JSPL rated among one of the highest wealth creators by Dalal Street Magazine, March, 2010
Naveen Jindal received the CNBC's Most Promising Entrant into the Big League Award at IBLA 2009 for Jindal Steel & Power Limited
Jindal Steel & Power accorded the Forbes Asia's 'Fabulous 50' international award in 2009 for being the best of Asia Pacific's biggest listed companies showing long term profitability, sales and earnings growth as well as projected earnings and stock price gains.
JSPL ranked 36th among India’s 100 Most Profitable Companies by Business & Economy Magazine, September 2009
2nd most investor friendly company, Business Today – 2008
Golden Peacock National Quality Award – 2008
One of the ten fastest growing large size companies (Dalal Street Journal – 2006)
One of the ten most investor friendly companies (Dalal Street Journal–2006–2007)
Rated Amongst the Top 20 Investor Friendly Companies by Business Today
National Award for Excellence for Cost Management – 2005
As the top 20–investor friendly companies in the Year 2004 by Business Today
IIM Quality Award for 2003 by the Indian Institute of Metals, instituted by the Bureau of India Standards
Golden Peacock National Quality Award – 2002
CII (ER) Quality Award – 2002
I.I.M. Quality Award – 2001
JSPL was nominated as one of the Emerging Companies of the Year 2001 by The Economic Times
Rajiv Gandhi National Quality Commendation Certificate – 2001
Energy Conservation Award:
National Energy Conservation Award 2010
National Energy Conservation Award – 2009
National Energy Conservation Award – 2008
National Energy Conservation Award – 2007
National Energy Conservation Award – 2005
National Energy Conservation Award – 2004
National Energy Conservation Award – 2003
National Energy Conservation Award – 2002
CII (ER) Fuel Conservation Award – 2002
National Energy Conservation Award – 2001
Environment Management Awards:
Srishti Green Cube Award–2010
Golden Peacock Innovation Management Award 2010
'Good Green Governance (G–Cube)' Awards 2009–10
Golden Peacock Innovation Award 2009
Winner of 'Shrishti Green Cube Award 2009/2010'
Golden Peacock Environment Management Award – 2008
Greentech Environment Excellence Award – 2008
Greentech Environment Excellence Award – 2007
Srishti Green Cube Award for Good Green Governance – 2007
Golden peacock Eco–innovation Award – 2007.
Srishti Green Cube Environment Excellence Award – 2006
Greentech Environmental Excellence Award – 2006
Golden Peacock Environment Management Award – 2003
Greentech Environment Excellence Award – 2003
Third prize in the private sector–manufacturing segment, by the Institute of Cost & Works Accountant of India (ICWAI)
An ISO 9001 Certification by BSI • ISO 14001 Certification of Environment Management System
Quality Management System – ISO 9001:2008Environmental Management System – ISO 14001:2004Occupational Health & Safety Management System