- Business
- Jindal Steel & Power Limited (JSPL) is an integrated steel and power company headquartered in New Delhi, India, operating primarily in the steel manufacturing and power generation sectors. Founded in 1952, JSPL produces a wide range of steel products including sponge iron, mild steel slabs, coils, plates, TMT bars, structural steel, rails, angles, channels, wire rods, and fabricated steel sections. The company also operates thermal power plants and is engaged in the mining of iron ore and coal to support its steel and power businesses. JSPL caters to diverse industries such as infrastructure, construction, automotive, railways, energy, and heavy engineering across India and select international markets.
Recent major developments include the commissioning of a 6 million tonnes per annum (MTPA) hot strip mill at its Angul steel facility in Odisha, completed in record time and enhancing JSPL’s finished steel production capacity. JSPL has secured mining leases for two thermal coal mines to ensure consistent and cost-effective coal supplies for its direct reduced iron (DRI) kilns, coal gasification projects, and power plants. The company announced a strategic acquisition of Allied Strips Limited via its subsidiary Jindal Steel Odisha Limited, expanding downstream steel processing capabilities and product offerings in value-added steel segments. Additionally, JSPL is developing a hydrogen-enabled green steel complex in Duqm, Oman, with a planned capacity of 5 MTPA, aimed at producing environmentally sustainable steel by 2028 under two hydrogen-ready DRI modules. The company has also seen recent shareholding changes with Jindal Cement Industries joining its promoter group.
JSPL operates predominantly in India, with significant manufacturing facilities in Odisha, Raigarh (Chhattisgarh), and Jharsuguda, and is expanding its international footprint with strategic investments such as the aforementioned Duqm project in Oman and ownership of Czech steelmaker Vítkovice Steel aimed at enhancing its high-value steel product portfolio and production technologies. Through its integrated steelmaking and power generation operations, along with downstream expansions and green steel initiatives, Jindal Steel & Power Ltd maintains a comprehensive position in the steel industry backed by mining assets and technological advancements.
This diversified product range and recent strategic expansions position JSPL as a prominent player in the Indian steel sector, focused on capacity growth, cost efficiencies, sustainability, and market diversification.
References: Jindal Steel & Power official website, latest news releases, and market reports as of December 2025.