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.’
01 Jul, 2020, 05.57 PM IST
- JSPML accepts offer to divest entire stake in its Oman asset
The enterprise value of the deal is over US $1 billion
30 Jun, 2020, 07.42 PM IST
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.
23 May, 2018, 08.48 PM IST
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.
23 Mar, 2018, 05.39 PM IST
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.
22 Mar, 2016, 02.02 PM IST
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...
14 Nov, 2014, 03.50 PM IST
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...
10 Nov, 2014, 04.43 PM IST
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
29 Oct, 2014, 12.02 PM IST
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.
28 Oct, 2014, 05.06 PM IST
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.
29 Apr, 2014, 04.00 AM IST
- Jindal Steel raises Rs 2,137 crore for expansion in Oman
The loan will be taken out of books of the financing bank thus preventing any possible asset-liability mismatch.
22 Aug, 2011, 01.42 AM IST
- JSPL to augment Oman steel plant capacity to 5 MTPA by 2016
Jindal 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.
31 May, 2011, 10.52 PM IST
- Jindal Steel to commission Oman plant by Jan-Mar
Jindal Steel and Power today said it will start commercial production from the Shadeed Iron & Steel plant in Oman, which it acquired recent...
03 Oct, 2010, 02.37 PM IST
- Jindal Steel to acquire Oman's Shadeed Iron
Jindal Steel and Power will acquire Oman steel maker Shadeed Iron and Steel for $464 million as a reviving local economy and strong growth ...
21 May, 2010, 03.20 AM IST
- JSPL acquires Shadeed for $464 mn
Jindal Steel and Power on Thursday said it has acquired Oman-based Shadeed Iron & Steel for $464 million.
20 May, 2010, 10.43 AM IST
- JSPL aborts $500 mn buy out talks with UAE firm
Leading steel maker Jindal Steel and Power on Saturday said it has aborted discussions with UAE-based Al Ghaith Holdings for an estimated $...
15 May, 2010, 02.39 PM IST
- JSPL to buy Oman's Shadeed Iron
Jindal Steel and Power (JSPL) is close to acquiring Oman-based Shadeed Iron & Steel for nearly $500 million, three persons with direct know...
30 Apr, 2010, 01.14 AM IST