Jindal Shadeed

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  Jindal Steel To Sell Oman Unit For More Than Rs 7,500 Crore To Cut Debt

  Selling Jindal Shadeed Iron and Steel Co LLC (JSIS Oman) is expected to reduce JSPL's overall debt burden by Rs 6,000-7,000 crore.

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  JSPL Commissions 1.4 MTPA Rebar Mill in Oman

  The unit, largest in Gulf and African region, along with the existing 2 MTPA steel melting spot (SMS) makes JSPL's Jindal Shadeed, the largest integrated steelmaker in Oman.

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  Jindal Shadeed All Set To Tap $6 Billion Construction Market in GCC

  Anticipating pick-up in demand in construction and road sector in the GCC region, industrialist Naveen Jindal feels Jindal Shadeed Iron and Steel (JSIS) with its 1.4 MTPA rebar facility is all set to take advantage of the dollar 6 billion market opportunity in the region.

• JSPL to Invest $2 Billion for Capacity Expansion in Oman Plant

  JSPL today signed financial closure of $725 million syndicated term loan facility. It was oversubscribed with commitments in excess of $855 million. Bank Muscat with a consortium of 11 banks arranged the facility for Shadeed Iron and Steel. Naveen Jindal was also present in the occasion.

• Jindal Steel & Power to acquire Shadeed Iron & Steel Co

  Through its 100% subsidiary Jindal Steel & Power, MauritiusJindal Steel & Power through its 100% subsidiary Jindal Steel & Power, Mauritius has agreed to acquire Shadeed Iron & Steel Co. LLC, a company incorporated under the laws of the Sultanate of Oman for a consideration of US$ 464 million including the assumption of liabilities of up to US$ 79 ...

• Jindal Steel & Power to acquire Shadeed Iron &

  Jindal Steel & Power to acquire Shadeed Iron & Steel Co Through its 100% subsidiary Jindal Steel & Power, Mauritius Jindal Steel & Power through its 100% subsidiary Jindal Steel & Power, Mauritius has agreed to acquire Shadeed Iron & Steel Co. LLC, a company incorporated under the laws of the Sultanate of Oman for a consideration o...