Jindal Steel and Power

Jindal Steel and Power Ltd announced a vision to invest Rs 1.20 lakh crore to expand its Angul integrated steel plant in Odisha from 6 MTPA to 25.2 MTPA by 2030, creating over 60,000 direct jobs.

Indian Railways awarded Jindal Steel and Power Limited (JSPL) 'Regular Supplier' status for 60kg 880 grade rails, making JSPL the first private company to supply these rails to Indian Railways.

Maharashtra Metro Rail Corporation awarded Jindal Steel & Power Ltd. and Mitsui & Co., Ltd contracts to supply 3000 MT each of head-hardened rails, and Voestalpine VAE VKN India a contract for UIC 60 turnouts for Pune Metro Phase 1.

Jindal Steel and Power Ltd (JSPL) accepted a binding offer from Templar Investments Limited to divest its entire stake in its Oman asset Jindal Shadeed Iron and Steel Co LLC for an enterprise value of over $1 billion.

JSPL's subsidiary Power Plants Engineers Limited signed a technical cooperation agreement with German company VPC GmbH to manufacture and supply emission control systems, including FGD and DeNOx, for power plants in India.