In Short : Jindal Steel & Power has secured a 50-year mining lease for the Roida-I iron ore and manganese block in Odisha. The lease strengthens the company’s raw material security and supports its long-term steel production goals. Spanning a significant mineral-rich area, the block will enhance JSPL’s self-reliance and contribute to meeting India’s growing […]
India’s Jindal Steel, Hindalco among bidders for commercial coal mines – EQ Mag
NEW DELHI : India has received bids from 22 companies, including Jindal Steel and Power and Hindalco Industries, for the commercial extraction of coal from 18 thermal and coking coal mines, the Ministry of Coal said on Wednesday. Most of the mines have reserves of thermal coal used in power generation, while one has the […]
JSPL denies payment defaults; says business as usual
The company will be reporting its April-June quarter results (1QFY20) results on August 14, 2019 NEW DELHI: Jindal Steel and Power Ltd (JSPL) on Thursday said that it has not defaulted on any payments. The company said all speculations/rumours with respect to payment default are “baseless and false in nature”. “The business is going on […]
