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OMANS SHADEED IRON
Vulcan Steel in talks to raise $2.5 billion for Oman projectThe plant will be built using funds exclusively from non-bank sources, said the people cited above. In all, the company plans to invest mor...- JSPL completes divestment of Oman assets to Vulcan Steel“JSPML has sold the balance shareholding held by it, representing 51 % of the share capital of JSIS Oman, to Vulcan Steel in the second and...
- JSPL Q1 results: Reports net profit of Rs 268 croreDuring April-June, the company’s consolidated net revenue was at Rs 9279 crore, a fall of 7% year-on-year as against a revenue of Rs 9,946 ...
- We will try to bring down debt to below Rs 25,000 crore by March 2021: Jindal Steel & Power‘We are working very seriously on a plan to divest Australian assets.’
- JSPML accepts offer to divest entire stake in its Oman assetThe enterprise value of the deal is over US $1 billion
- India, Oman explore a wider maritime partnershipThe two countries, which are old defence partners, are also seeking to expand cooperation in energy security and the food sector.
- Jindal Steel and Power to raise Rs 1,200 crore via QIPThe company has issued 51,502,145 equity shares of face value of Rs 1 each at a price of Rs 233 per share.
- Jindal Steel and Power Limited commissions 1.4 MTPA Rebar Mill in Sohar, OmanJindal Steel and Power Limited (JSPL) has commissioned a 1.4 million tonne per annum (mtpa) rebar mill at Sohar, Oman.
- Oman-India JV to raise $250 million for 'Make in India' campaignA joint investment fund set up by SBI and Oman's sovereign fund will raise its corpus by $250 million for a special purpose vehicle (SPV) t...
- JSPL plans to list Oman unit in Muscat to raise $500 millionThe proceeds would be used to part fund its $2 billion proposed investment plan of the local firm to raise capacity by 2.5 million tonnes p...
- Jindal Steel & Power Ltd to invest $2 billion for capacity expansion in Oman plantJindal Steel & Power Ltd foresees a tremendous surge in demand for iron and steel in the gulf markets on huge infrastructure spending
- Jindal Shadeed signs $725 million syndicated term loan facility with Bank MuscatOriginally founded in 2005 by Al Ghaith Holdings PJSC of Abu Dhabi, Jindal Shadeed was acquired by Jindal Steel & Power Limited.
- JSPL invests $800 million in Oman Steel PlantNaveen Jindal’s JSPL group has commissioned a greenfield 2 million tonne (mt) steel plant in Sohar, Oman at an investment of $800 million.
- Jindal Steel raises Rs 2,137 crore for expansion in OmanThe loan will be taken out of books of the financing bank thus preventing any possible asset-liability mismatch.
- JSPL to augment Oman steel plant capacity to 5 MTPA by 2016Jindal Steel and Power said it will expand the capacity of its 1.5 million tonne steel plant in Oman to about 5 million tonnes by 2015-16.
- Jindal Steel to commission Oman plant by Jan-MarJindal Steel and Power today said it will start commercial production from the Shadeed Iron & Steel plant in Oman, which it acquired recent...
- Jindal Steel to acquire Oman's Shadeed IronJindal Steel and Power will acquire Oman steel maker Shadeed Iron and Steel for $464 million as a reviving local economy and strong growth ...
- JSPL acquires Shadeed for $464 mnJindal Steel and Power on Thursday said it has acquired Oman-based Shadeed Iron & Steel for $464 million.
- JSPL aborts $500 mn buy out talks with UAE firmLeading steel maker Jindal Steel and Power on Saturday said it has aborted discussions with UAE-based Al Ghaith Holdings for an estimated $...
- JSPL to buy Oman's Shadeed IronJindal Steel and Power (JSPL) is close to acquiring Oman-based Shadeed Iron & Steel for nearly $500 million, three persons with direct know...
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