Naveen Jindal Bids USD 1 Billion to Acquire Italian Steelmaker Acciaierie d’Italia
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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 to invest over Rs 10,000 crore to set up 3 mn-tonnes steel plant in Andhra Pradesh
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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 […]