Jindal Steel

Jindal Steel News

Jindal Steel and Power bags contract to supply 97,400 tonnes rail to Indian Railways

First instance of national transporter buying rails from the market; firm to make Rs 565 crore from the deal.

Approached by accused in coal block case: Judge

The case involves alleged irregularities in allocation of the Amarkonda Murgadangal block in Jharkhand to two Jindal group companies, Jindal Steel and Power Limited (JSPL) and Gagan Sponge Iron Pvt Ltd (GSIPL).

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JSPL to Delhi HC: ‘Threw out’ staff who recorded hearing

Recording of court proceedings is illegal and the government has sought criminal contempt of court action for abuse of process and obstructing the course of justice.

HC relief for JSPL, 3 coal blocks taken off auction

Directs CoalMin to review decision to change end use of blocks.

Lets base our energy needs on coal, wind, solar & hydro: JSPL MD Ravi Uppal

Huge amount of coal is being imported inspite of the country having huge coal reserves.

Coal import rush by firms leads to port congestion

Some of the ships are to deliver coal for top power and steel firms like Jindal Steel and Power Ltd, Steel Authority of India Ltd, GMR Energy, Tata Group and the Adani Group.

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Supreme Court decision on coal blocks likely to create overhang: Barclays

Stocks having high exposure to captive coal blocks likely to be impacted: Barclays

JSPL wins $22.5 mn in case against Bolivian firm

Jindal commenced arbitration before the International Chamber of Commerce of Paris.

Inter-Ministerial Group to meet next week to review bank guarantees of 61 coal blocks

Piyush Goyal has been appointed Minister of State (Independent Charge) for coal, power and new & renewable energy.

Coal blocks of major power producers to face the axe

Headed by additional secretary, coal, AK Dubey, the panel would meet for two days beginning Friday to decide on the fate of the 61 blocks.

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