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JSPL firmly believes that CHANGE is the only constant in life and it has endeavors to continuously upgrade its existing technologies, embrace new technologies, motivate its personnel and uplift the living standards of those around. Adhering to these values, major expansion plans are being executed: |
- 2 MTPA cement plant.
- Additional power generation of 540 MW.
- Medium and light structural mill.
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- Pipe conveyor from mines to plant.
- Mini blast furnace up-gradation
- Fabrication unit in the industrial estate.
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An MOU has been signed between JSPL and the Government of Chhattisgarh for setting up an additional 7.0 MTPA steel plant in phases and a 1600 MW power plant with an investment of over US $ 5.20 billion (Rs. 26,000 crore).
An 11 million tonne integrated steel plant and 2600 MW captive power plant in phases, with an investment of US $ 6.00 billion (Rs. 30,000 crore).
A 12.5 million tonne integrated steel plant and 2600 MW captive power plant in phases, with an investment of US $ 8.00 billion (Rs. 40,000 crore). The first phase of 3 million tonne is expected to be commissioned by 2011.
Jindal Steel & Power has been allotted the Ramchandi Promotional Coal Block in Orissa for the proposed Coal to Liquid (CTL) project by the Union Coal Ministry, Government of India. The project cost estimated to be around US $ 8.4 billion (Rs. 42,000 crore) includes CTL plant, coal mining and power plant. The project to be located in Tehsil Kishore Nagar, Distt. Angul, Orissa will produce 80,000 barrels per day (4.0 MMTPA) crude using environment friendly Indirect Coal Liquefaction Technology developed by M/S Lurgi of Germany for the first time in India.
The prestigious CTL project is yet another feather in JSPL’s cap.
As part of its diversification process, JSPL has recently forayed into the oil and gas sector, operating under the banner of Jindal Petroleum Limited.
The company has acquired 7 Oil & Gas blocks in different parts of the world, including 5 in Georgia, 1 in Bolivia and 1 in India. Mr. Naveen Jindal recently led a delegation to Georgia to sign contracts with the Government of Georgia for the exploration and production of the blocks, signifying the importance the company is giving to its petroleum business. The company has so far committed an investment of US $ 200 million (Rs. 1000 crore) and is working on several other projects in the sector.
JSPL plans to invest US $ 2.1 billion (Rs. 10,500 crore) in Bolivia, South America, in the coming years for mining and setting up of an integrated 1.7 MT steel plant, 450 MW power plant, 6 MT sponge iron and 10 MT iron ore pellet plant.
Through fruitful business expansions, we envision a new India and work towards creating a bright future by giving the best to our customers, employees, shareholders, associates, and to the community at large.
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