Jindal Steel and Power, proclaimed as India’s fastest-growing and largest integrated steel manufacturer is significantly present in the steel, mining, power, and infrastructure segment. It is an industrial powerhouse led by Naveen Jindal, the Chairman of the company.
JSPL’s success story has been scripted essentially by its resolve to innovate, enhance capabilities, set new standards, enrich lives, and ensure that it stays true to its value system.
As one of the largest steel producers in India, JSPL is credited for revolutionizing the process of steel making in India. Its ceaseless drive for excellence, innovative approach, and unmatched quality have enabled Jindal Steel and Power to become a trailblazer in the steel industry.
Jindal Power Limited (JPL), a subsidiary of JSPL has also emerged as a significant player in the power industry. Its technical and managerial capabilities have allowed the company to highly contribute to the needs of the power in the country.
ABOUT NAVEEN JINDAL
Naveen Jindal is the current Chairman of the company. His vision at the company is driven by the core principle of Nation Building and creating world-class capabilities with a vision to create a self-reliant India. Under the leadership of Naveen, JSPL has been declared the highest wealth creator in the world between the Years 2005-2009 by the Boston Consulting Group.
THE PRODUCT PORTFOLIO
JSPL produces economical and efficient steel and power through backward and forward integration. The product portfolio of the company spans the steel value chain from the widest flat products to a whole range of long products and rails.
JSPL has pioneered the manufacturing of 121 meters as rolled long track rails and designed a facility to factory weld these rails in welded lengths of up to 484 meters with only 3 welds. JSPL is the first Indian producer to produce value-added Head Hardened Rails used in Metro Rails and High-Speed corridor projects.
Angles and Channels
JSPL has commissioned a state-of-the-art 0.6 MTPA capacity medium and light structural mill (MLSM) at Raigarh, Chhattisgarh. This mill is a first-of-its-kind in India and is equipped with advanced rolling mill technology and equipment from Danieli, Italy.
Plates and Coils
JSPL has India’s first state-of-the-art plate mill that produces plates and coils of 5 and 3 meters in width respectively. The plates produced are of premium quality in terms of internal soundness and dimensional adherence owing to its clean sound steel refining facilities, clean raw materials, and efficient rolling mill.
JSPL also offers wire rods in 5.2 mm to 22 mm diameter from its first unit at the proposed 6 MTPA capacity integrated steel plant at Patratu, Jharkhand. The mill produces low carbon, high carbon, medium carbon, and other special grades that include cold heading quality (CHQ), electrode quality, spoke wire, pre-stressed concrete, high carbon wire rods for spring steel, and tyre bead and ACSR.
Parallel Flange Beams & Columns
JSPL produces medium and heavy hot rolled parallel flange beams and column sections in India. They enable complex fabrications in high volumes due to inherent functional advantages and are produced as per various Indian & International standards.
Located in Patratu, Jharkhand, the round bar mill of JSPL is equipped with the latest technologies from Siemens, USA. The mill is operational with modern rolling equipment like reducing and sizing mill (RSM), pinch rolls, high-speed shear, and laying heads. To meet the processing requirements of various grades of carbon and alloy steel, it also has controlled temperature rolling and controlled cooling.
THE CORE PHILOSOPHY
JSPL aspires to achieve business excellence every day through 7 sets of principles. They are:
- The spirit of entrepreneurship and innovation
- Optimum utilisation of resources
- Sustainable environment-friendly procedures and practices
- The highest ethics and standards
- Hiring, developing and retaining the best people
- Maximising returns to stakeholders
- Positive impact on the communities it touches
India is one of the leading economies in the world and is expected to grow at a significant pace in the coming years. JSPL is working towards building the furnace of India’s growth by focusing on three parameters as part of its sustainable business growth strategy.
- Sustainable commitment centred around population stabilization, education, and building a clean and green India.
- Customer centricity with an emphasis on ‘One Time In Full Delivery’ of the company’s projects.
- Corporate governance philosophy, where the company’s Group Code of Conduct (GCoC) details its model code that governs its operating principles as managers, employees, and business associates.
THE VISION STATEMENT
JSPL aspires to become a globally recognized and admired organization that enhances the quality of life of all stakeholders through sustainable industrial and business development.
Since the company’s inception in 1979, Jindal Steel and Power is committed to strengthening the future of the nation and working towards building a better world. It is building a legacy of strength and a future of hope.