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JAJPUR FACILITY
Odisha govt approves 20 mega investment proposals worth Rs 76,612 croreOdisha's government has approved 20 mega investment proposals totaling Rs 76,612 crore, projected to create over 50,000 jobs. These signifi...
Odisha advances industrial push with Rs 3,877 crore infusionThese investments span advanced manufacturing, green industries, healthcare, and tourism, reinforcing the state's industrial growth and eco...
Jindal Stainless commissions 1.2 MTPA stainless steel melting shop project in IndonesiaJindal Stainless has commissioned a 1.2 million tonnes stainless steel melt shop in Indonesia, boosting its total annual melting capacity t...
Jindal Stainless announces $150 million investment for slag processing unitJindal Stainless has announced a $150 million investment to set up a second slag processing unit at its Jajpur facility in Odisha, in a 15-...
Odisha govt approves Rs 44,793 cr investments across five sectorsThe Odisha government approved investment proposals worth Rs 44,793 crore across five sectors, expected to create over 23,000 jobs. Key inv...
JSL charts Rs 5,400 crore strategic investment planCompany officials said JSL expects its debt to rise by Rs 300-500 crore, over the existing Rs 4,800 crore, by the end of the current fiscal...
Jindal Stainless announces expansion plans worth Rs 5,400 cr, including a Indonesian JV and an acquisitionJindal Stainless unveiled a Rs 5,400 crore investment plan focusing on expanding its melting and downstream capacities. This includes a joi...
Jindal Stainless to invest Rs 120 crore to set up two rooftop solar projectsBoth the projects are scheduled to be completed by March 2024, the company said, adding that the energy generated will be for captive usage.
Jindal Stainless looking for partners to set up 300 MW solar & wind capacitiesDuring FY22, JSL reduced its carbon emissions by 3,100 metric tonnes and initiated a switch from a thermal energy-intensive manufacturing s...
Jindal Stainless raises $82 million from KfW IPEX-Bank for Jajpur facility expansion“This long tenor financing for our growth Capex manifests investor confidence in the stainless steel business and the improved creditworthi...
JSL Q2 results: Net profit grows 5-fold to Rs 412 croreAll major end-use segments like process industry, Pipe & Tube, Railways & Wagons, and Metro Rail grew during the quarter keeping the stainl...
JSL may pay dividend from next year after merger with listed armIn the first quarter of FY22, JSL reported an EBITDA of Rs 580 crore, up 647% year-on-year. The company reported a PAT of Rs 271 crore vs a...
Jindal Stainless Q4 results: Company reports consolidated PAT of Rs 293 crore"A steady demand in the domestic market across segments during the fourth quarter has helped growth in sales volume and revenue," said Abhy...
Jindal Stainless ties up with Maersk for logistics upgradeAs per the terms of the contract, Maersk shall facilitate to and fro rail movement of containers between Vizag and Jindal Stainless Logisti...
Jindal Stainless resumes operations at Jajpur facility in OdishaIn a statement issued on Tuesday the company said it will "enforce all the guidelines set by government authorities to ensure health and sa...
Sagar Cements climbs 3% on reports of new acquisitionsSagar Cement will be holding 65 per cent in the equity share capital of Satguru Cement on completion of the above projects, the company sai...
Jindal Stainless to shut ferro alloy unit in Andhra PradeshJindal Stainless said it will temporarily shut down operations of the ferro alloys unit in Vizianagaram due to differences between the mana...
CCI clears acquisition of Rohit Ferro-Tech's unit by Balasore Alloy LtdFair trade regulator CCI has cleared Balasore Alloys' proposed acquisition of Odisha unit of Rohit Ferro-Tech saying that the deal may not ...
Jindal Stainless Ltd commissions metal recovery unit in OdishaThe company said it has made no upfront payment to Harsco for this 'long-term' deal, however, payments will be made to the global metal pro...
- JSL chalks out Rs 5,000 cr capex
Jindal Stainless Ltd will invest an additional Rs 5,000 cr in Orissa plant to double its production capacity.