JSW Energy announced that the company had entered into a Securities Purchase Agreement to acquire the 1,000 MW
Tag: Jindal Steel & Power
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JSW to acquire JSPL´s unit for Rs.6,500 cr
JSW has announced its plans to acquire Jindal Steel & Power´s (JSPL) Chhattisgarh power plant for Rs.6,500 crore.
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JSPL sets up 2.5 mn t capacity in Angul project
A 2.5 million tonne Steel Melting Shop (SMS) and allied unit have been commissioned by Jindal Steel & Power (JSPL) as part of its 6 million tonne per annum (mtpa) greenfield integrated steel project in Angul, Odisha. Dinesh Saraogi, Executive Director of JSPL, Angul Unit said with this landmark achievement, the firm completed the 2.5 mn tpa steel production capacity in the f
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Rio Tinto to ship HIsmelt unit to Chinese firm
The Rio Tinto Group decided to ship its steel making equipments based on HIsmelt technology from its plant at Kwinana, Australia to the Chinese steel maker Molong as the latter has a more urgent need for the technology. It may be recalled that the Australian miner earlier agreed to shift the equipment to India at Jindal Steel and Power's (JSPL) existing facility at Angul in Orissa.
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JSPL to raise steel production capacity
Jindal Steel & Power (JSPL) has a steel production capacity of 3.5 million tonne (mn t) at present, which the firm expects to raise to 15 mn t by 2020. This would make the company the fourth largest steel maker from its current position of sixth. In 2013-14, additional 7 mn t would be commissioned in Angul (Odisha) and
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JSPL plans to start operation at 2 mn tpa unit by April
By April 2013, Jindal Steel & Power (JSPL) plans to commission 2 million tonne per annum (mn tpa) greenfield steel plant at Angul, Odisha. The plant is part of the 6 mn tpa integrated steel plant project being developed by the firm in the area. The Naveen Jindal owned company received 970.34 acre of g
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JSPL buys 60% in Gopalpur Ports
Jindal Steel & Power (JSPL) is acquiring 60 per cent stake in Gopalpur Ports. JSPL will buy Sara International’s 50 per cent stake and Orissa Stevedores 10 per cent stake in Gopalpur Ports.
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JSPL plans captive port in Orissa
Jindal Steel & Power (JSPL) has evinced interest on setting up a captive port in Ganjam district of Orissa.
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JSPL keen on Orissa port
Jindal Steel & Power has evinced interest in setting up a captive port in Ganjam district. It involves a capital cost of Rs 1,424 crore.
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Captive coal blocks: Capturing future scarcity today
The coal ministry is expected to table the Coal Regulatory Authority Bill in the Parliament in the ongoing Budget Session. If passed, it would mean a new era in transparency in captive coal block allocation.