Jindal Steel Raises Bid to EUR 4 Billion for Italian Steelmaker
Jindal Steel & Power has reportedly raised its bid for an Italian steelmaker plant to about EUR 4 billion. Feb 27, 2025 Jindal Steel has raised its offer for a troubled Italian steelmaker to about EUR 4 billion (USD 4.2 billion) to outbid the competitors, as per a media report. The Indian steelmaker has proposed […]
Jindal Steel and Power Receives 5 Million TPA Hot Strip Mill from SMS Group
The 1,780-millimeter hot strip mill has a capacity of five million TPA and is equipped with the latest generation of rolling technologies to ensure efficient & sustainable production of very thin hot strips and thin final gauges. Feb 11, 2025 Jindal Steel and Power (JSP), one of the country’s leading business conglomerates, having a significant […]
Naveen Jindal Bids USD 1 Billion to Acquire Italian Steelmaker Acciaierie d’Italia
Naveen Jindal aims to transform the traditional blast furnaces of Acciaierie d’Italia (ADI), having an annual steel production capacity of around 10 million tonnes, into energy-efficient electric arc furnaces, aligning with modern environmental standards. Feb 10, 2025 Chairman and promoter of Jindal Steel and Power Limited (JSPL), Mr. Naveen Jindal, has submitted a bid of […]
Jindal Steel & Jindal Renewables Signs India’s Biggest Investment in Green Hydrogen in Odisha
This is the first investment in a hydrogen facility of such size by an Indian steel maker. Jindal Renewables will develop a green hydrogen generation capacity of up to 4,500 TPA set to commence by December 2025. Sep 19, 2024 Jindal Steel (JSPL) and Jindal Renewables (JRPL) have announced a Memorandum of Understanding (MOU) to […]
Jindal Industries Private Limited Hissar 500,000 TPA Plus Greenfield Tube Plant Project in Ballari, Karnataka
Jindal Industries Private Limited (JIPL Hissar) is a pioneer in HR MS steel tube manufacturing in India. Even as the group celebrates its hard-earned legacy, the need for constant growth and development is priority. It is probably the reason why the group remains relatable. An industry expert with nearly 30 years of experience in Precision […]
Jindal to invest over Rs 10,000 crore to set up 3 mn-tonnes steel plant in Andhra Pradesh
Jindal’s chairman Mr. Naveen Jindal shared that the company is preparing to set up a 3 million tonnes steel plant in Andhra Pradesh, with an investment of over INR 10,000 crore. The group will also be signing an MoU with Andhra Government to invest in renewable energy and increase their existing cement plant’s capacity. Chairman […]
Jindal Steel and Power to Infuse INR 7,930 crore under PLI Scheme
Being a qualifier under the PLI scheme, Jindal Steel and Power will make HR coil, sheets, and plates API GR which is used in the oil & gas sector. Jindal Steel and Power Ltd. (JSPL), part of O.P. Jindal Group, has announced its plans of investing INR 7,930 crore under the PLI scheme for speciality […]
