JINDAL STEEL

POWER LIMITED
Strategic Management Project

Trisha Sanghvi
Roll Number 86
M.Com Semester I

Index

PROFILE

JSPL is an industrial powerhouse with a dominant presence in steel, power, mining

and infrastructure sectors. Part of the US $ 18 billion OP Jindal Group this young,
agile and responsive company is constantly expanding its capabilities to fuel its fairy
tale journey that has seen it grow to a US $ 3.3 billion business conglomerate. The
company has committed investments exceeding US $ 30 billion in the future and has
several business initiatives running simultaneously across continents.
Led by Mr Naveen Jindal, the youngest son of the legendary Shri O.P. Jindal, the
company produces economical and efficient steel and power through backward and
forward integration.
From the widest flat products to a whole range of long products, JSPL today sports a
product portfolio that caters to markets across the steel value chain. The company
produces the world's longest (121-meter) rails and it is the first in the country to
manufacture large-size parallel flange beams.
JSPL operates the largest coal-based sponge iron plant in the world and has an
installed capacity of 3 MTPA (million tonnes per annum) of steel at Raigarh in
Chhattisgarh. Also, it has set up a 0.6 MTPA wire rod mill and a 1 MTPA capacity bar
mill at Patratu, Jharkhand, a medium and light structural mill at Raigarh, Chhattisgarh
and a 2.5 MTPA steel melting shop and a plate mill to produce up to 5.00-meter-wide
plates at Angul, Odisha.
An enterprising spirit and the ability to discern future trends have been the driving
force behind the company's remarkable growth story. The organisation is wedded to
ideals like innovation and technological leadership and is backed by a highly driven
and dedicated workforce of 15000 people.
JSPL has been rated as the second highest value creator in the world by the Boston
Consulting Group, the 11th fastest growing company in India by Business World and
has figured in the Forbes Asia list of Fab 50 companies. It has also been named
among the Best Blue Chip companies and rated as the Highest Wealth Creator by the

Dalal Street Journal. Dun & Bradstreet has ranked it 4th in its list of companies that
generated the highest total income in the iron and steel sector.

Alongside contributing to India's growth story the company is driving an ambitious

global expansion plan with its sights set on emerging as a leading transnational
business group. The company continues to capitalise on opportunities in high growth
markets, expanding its core areas and diversifying into new businesses. In Oman
(Middle East), the company has set up a US $ 500 million, 1.5 MTPA gas-based Hot
Briquetted Iron (HBI) plant. It has now added a 2 MTPA integrated steel plant.
In Africa, the company has large mining interests in South Africa, Mozambique,
Namibia, Botswana and Mauritania and is expanding into steel, energy and cement. In
Australia, the company is investing in greenfield and brownfield resource sector
companies and projects to supplement its planned steel and power projects in India
and abroad.
In Indonesia, the company has invested on the development of two greenfield
exploration assets. It is also exploring investment opportunities in the power and
infrastructure sector in Indonesia.
The company endeavours to strengthen India's industrial base by aiding infrastructural
development, through sustainable development approaches and inclusive growth. It
deploys its resources to improve infrastructure, education, health, water, sanitation,
environment and so on in the areas it operates in. It has won several awards for its
innovative business and social practices.

HISTORY

Jindal Steel & Power Limited (JSPL) was established in the year 1990 by hiving off
the Raigarh & Raipur Divisions of Jindal Strips Ltd. JSPL forms a part of the $ $12
billion (over Rs. 60,000 crore) Jindal Group. JSPL is a leading player in Steel, Power,
Mining, Oil & Gas and Infrastructure.
The company produces economical and efficient steel and power through backward
integration from its own captive coal and iron-ore mines and passes on the benefits to
its customers. Naveen Jindal, the youngest son of the legendry late O P Jindal, drives
JSPL and its group companies Jindal Power Ltd, Jindal Petroleum Ltd., Jindal Cement
Ltd. and Jindal Steel Bolivia.
The O P Jindal Group has emerged as one of India's most dynamic business groups
over the past three decades. Today, the group is a multi-billion, multi-location, multiproduct business empire. From mining iron ore and coal, the group produces sponge
iron, ferro alloys and a wide range of hot-rolled and cold-rolled steel products ranging
from HR coils/sheets/plates, hot-rolled structural sections and rails to CR coils/sheets,
high-grade pipes and value added items such as stainless steel, galvanized steel &
coated pipes. It has not only diversified into power generation but also into petroleum,
infrastructure, diamond and high value metals & mineral exploration. The group has

manufacturing facilities across India, US & Indonesia and marketing/representative

offices across the globe.
An enterprising spirit and ability to discern future trends have been the driving force
behind the company's remarkable growth. The company has scaled new heights with
the combined force of innovation, adaptation of new technology and the collective
skills of its 15,000 strong, committed workforce. It has won wide acclaim for its
efficient operations and commitment to environment & society.
JSPL has consistently tapped new opportunities by increasing production capacity,
diversifying investments, and leveraging its core capabilities to venture into new
businesses. JSPLs investment commitments in steel, power, oil & gas and mining
have touched more than $ 30 billion (Rs. 1,50,000 crore). The company, today, is the
largest private sector investor in the state of Chhattisgarh.
The company is having altogether eight facilities in India, of which four are in
Chhatisgarh, two in Orissa and one in Jharkhand while its international facility is
located at Bolivia (South America). JSPL is exploring steel production and mining
projects in other parts of the world, such as Mozambique, South Africa, Mongolia,
Brazil and Indonesia. JSPL has diversified into exploration of diamond, gold, precious
stones and other high value metals and minerals in Chhattisgarh, Jharkhand and
Republic of Congo.
Other group companys are:

JSL Ltd.

Jindal Saw Ltd.

JSW Steel Ltd.

Chhattisgarh Energy Trading Company Limited (CETCL) is an affiliate of

Jindal Steel and Power Limited. It was incorporated in Sept.2008 .Currently
CETCL is category II licensee

Jindal Power Limited - Jindal Power Limited (JPL), an affiliate of JSPL has
set up Indias first mega power project the 1000 MW O P Jindal Super
Thermal Power Plant at Raigarh, Chhattisgarh.

PRODUCT RANGE
Rails- Giving impetus to the significant rail sector, JSPL has pioneered the
manufacturing of 120 meter long track rails in the Indian sub-continent. The worlds
longest track rails are a testimony of JSPLs manufacturing capabilities where
continuous innovation is a practice rather than an exception.
Parallel Flange Sections - JSPL pioneered the production of medium and large size
Hot Rolled Parallel Flange Beams and Column Sections (H-Beams) in India. The
beams are cost effective and provide design-flexibility.
Plates & Coils- JSPL is equipped with India's first 'one of a kind' state-of-the-art plate
mill that produces plates and coils of 3.5 and 3 meters width, respectively, for the first
time in the private sector. The products are of premium quality, owing to its sound
steel refining properties.
Semi-Finished Products- JSPL has a capacity to produce about three million tonnes
per annum of semis which are primarily used for captive use in JSPLs 0.75 million
tonne per annum capacity Rail & Universal Beam Mill and 1.0 million tonne per

annum capacity Plate & Stackle Mill. Power- the company started power generation
over a decade back. In the beginning it was a captive power facility using waste heat
from the rotary kiln boilers and the coal rejects of the washery. Over the years
however, Jindal Steel and Power Ltd (JSPL) and its affiliate Jindal Power Ltd. (JPL)
have come up in a big way and are producing about 1400 MW power through both
captive and commercial facilities.
Ferro Chrome - At JSPL, high-grade chrome ore, one of the pre-requisites for
making ferro chrome, is sourced from the captive chrome ore mines in Sukinda Valley
of Orissa.
Sponge Iron - JSPL has world's largest coal-based sponge iron manufacturing facility
and stands out as the market leader in coal-based sponge iron industry within India.

VISION AND MISSION

Vision
To be a globally admired organisation that enhances the quality of life of all
stakeholders through sustainable industrial and business development.

Mission

The spirit of entrepreneurship and innovation

Optimum utilisation of resources

Sustainable environment friendly procedures and practices

The highest ethics and standards

Hiring, developing and retaining the best people

Maximising returns to stakeholders

Positive impact on the communities we touch

Core Values

Passion for People

Ownership

Sustainable Development

Sense of Belonging

Integrity

Business Excellence

Loyalty

SWOTANALYSIS

Strengths
1.Produceseconomicalandefficientsteelandpowerthroughbackwardandforward
integration
2.Sportsaproductportfoliothatcaterstovariedneedsinthesteelmarket
3.Operatesthelargestcoalbasedspongeironplantintheworld
4.Hasforceofinnovation,adaptationofnewtechnologiesandthecollectiveskillsof
its15,000strong,committedworkforce
5.Hasanenterprisingspiritandtheabilitytodiscernfuturetrends
6.HasoperationsinSteel,iron,electricitygenerationanddistribution

Weakness
1.Shortageofcokingcoalandislargelydependentuponitsimport
2.Weakperformanceonthebackofthehigherrawmaterialcostandthepower&
fuelcost
Opportunity
1.Ventureintonewbusinessesbyleveragingitscorecapabilities
2.Increaseproductioncapacitytomeettheglobalsteeldemand
3.Diversifyinvestmentstodistributeriskinbusiness
Threats
1.Hikeintheexportdutyonironorefinesandlumps
2.Projectimplementationandrawmaterialsecurity
3.Issuesrelatedtolandacquisition,rawmateriallinkagesandenvironmental
clearances

POLICIES

Indias leading steel producer in the private sector, Jindal Steel and Power Limited
(JSPL) aspires to become a globally admired organisation that enhances the quality of
life of all stakeholders through sustainable development with great care for the
environment and needs of the society.
Environment Policy

The company aims to be the most efficient and reliable steel producer and carry out its
business operations with utmost regard for safety of the environment. It is committed
to protect and improve the environment and abide by the laws and regulations
concerning the same.
Towards this commitment, they shall;
Work towards environment protection, prevention of environmental pollution

and environment improvement around our business units

Adopt sound environment management practices to achieve sustainable

growth

Comply with all applicable statutory and other norms / requirements for
environmental protection

Implement systems to deal with environmental issues, thereby ensuring

compliance and reporting

Evaluating effectiveness of system through regular audits and management

reviews

Continual improvement in our environmental performance

Safety and Occupational Health Policy (SOH)

JSPL reaffirms its commitment to provide safe work place environment to its
personnel and other stakeholders as an integral part of its business philosophy and
values. It will continually enhance our Safety and Occupational Health (SOH)
performance in our activities, products and services through a structured SOH
management framework.
Towards this commitment, they shall;

Ensure compliance with applicable SOH legislations and other requirements

Establish and achieve SOH objectives

Prevent / minimise SOH risks through continual improvement in process and

practices at all levels and functions for prevention of injury and ill health of the
personnel

Ensure that SOH is integrated in all managerial decision including

procurement of materials; selection of machinery / equipment; selection / placement

of personnel and setting up of projects
Enhance awareness, skill and competence of our personnel so as to enable

them to demonstrate their involvement, responsibility and accountability for sound

SOH performance
Carryout risk assessment associated with operations and take remedial

measures proactively and implement system of health and safety audits

We shall review this SOH Policy periodically and to be communicated to all people
working under the control of the organisation and shall be available to the interested
parties.

Quality Policy
JSPL is committed for customers satisfaction for all its stakeholders to reach to the
leading position in each segment of its products by:

Production and on time delivering quality products that conform to our

customers requirements

Continually improving our systems and processes by value addition and

product development through innovation

Up gradation of relevant technology for continuing suitability to the changing

needs of the organisation and ensure training and development of the employees

Involving all employees for implementing and continually improving the

effectiveness of the quality management system

Periodically reviewing the policy and quality objectives and communicating

across the organisation to align with the business requirements

Training and motivating all employees to ensure that the entire corporation is
equipped and capable of achieving quality objectives

Total Productive Maintenance Policy (TPM)

We, at Jindal Steel and Power Limited, will work for implementation of TPM at all
spheres of our activities by:

Aiming zero defects, zero breakdowns, zero losses and zero accident

Improving Overall Equipment Efficiency (OEE) for safe and efficient

operation of the plant

Creating a clean and pleasant work environment leading to higher employee

morale and greater organizational profitability
Corporate Social Responsibility Policy (CSR)
Jindal Steel & Power Limited (JSPL) strongly believes that sustainable community
development is essential for harmony between the community and the industry. The
company endeavors to make a positive contribution Specially to the underprivileged
communities by supporting a wide range of socio-economic, educational and health
initiatives. JSPL is committed to integrate its business values and operations to meet
the expectations of all its stakeholders.
JSPL will serve its communities by:

Ensuring presence through meaningful community participation and proactive

engagement.

Building and strengthening community institutions and Panchayati Raj

Institutions (PRIs )

Working in partnership with Civil Society Organizations (CSOs) and

Government bodies to widen the reach and leverage each partners individual
experience and expertise.

Partnering CSR initiatives through Donor Agencies /Project Implementing

Agencies / Corporate Partners / Corporations / bodies.

Providing maximum assistance during times of disasters.

Encouraging employee volunteerism.

Adhering to the CSR activities as required by the Law.

Guiding principles

Promote economic, social, educational, infrastructural and health development

by providing active support to local initiatives.

Create significant difference in the lives of stakeholders by aligning initiatives

with sustainable development.

Optimum use of physical, financial and natural resources by collaborating

with Government Organizations, community based organization, donor agencies,
foundations, corporates and other development/likeminded partners.

Ensure stakeholders participation in planning and execution of development

initiatives to create ownership and accountability.

Enhance capacity, skill and competence of employee, development partners,

community and other stakeholders to enable them to involve in sustainable
development initiatives.

Organize local youths to promote Sports, Art and Culture and also create an
opportunity for them so that they can represent their country.

Ensure People/Community participation during execution of CSR activities.

Environment conservation though sustainable initiatives.

BUSINESS

INDIA
RAIGARH
The Raigarh plant, with up to 3 million tonnes per annum (MTPA) steel production
capacity, is the worlds largest coal-based sponge iron manufacturing facility with
state-of-the-art machinery. It has an installed 354 MW captive power plant (CPP) at
Raigarh and a 540 MW CPP at Dongamauha, district Raigarh, Chhattisgarh.
The company is planning to increase the production of steel from 3 MTPA to 10
MTPA in phases. The expansion plans include a 7 MTPA integrated steel plant, a 2
MTPA cement plant and a 1600 MW CPP with a total investment of over US $ 7
billion.
Facilities at the plant include:
Direct reduced iron (DRI) plant - 4 units of 0.72 MTPA capacity producing

500 tonnes/day and 6 units of 0.6 MTPA capacity producing 300 tonnes/day rotary
kilns

Coke oven plant of 0.8 MTPA capacity

Sinter plant of 2.5 MTPA capapcity

Blast furnace of 1.25 MTPA and 0.42 MTPA capacity

Steel melting shop of 2.0 MTPA and 1.25 MTPA capacity

2 vacuum degassing units

RH degassing unit

1 single strand slab caster

1 unit of 6-strand billet-cum-round caster and 1 unit of 6 strand billet caster

2 units of 4-strand combicaster

Rail and universal beam mill (RUBM) of 0.75 MTPA capacity

Plate-cum-coil mill of 1.0 MTPA capacity

Submerged arc furnace (SAF) of 0.03 MTPA capacity

Oxygen plant producing 37683 nm3/hr

Lime and dolomite calcinations plant of 0.4165 MTPA capacity

Coal-based sponge iron plant
The company is recognized as a leader in manufacturing coal-based sponge iron in
India. First commissioned in 1991, JSPL leads the Indian market in this sector and has
the worlds largest coal-based sponge iron plant, with a capacity of producing 1.32
MTPA DRI. It is the only sponge iron manufacturer in the country with captive raw
material resources and power generation.
Modern rail and universal beam mill
Commissioned in 2003, the mill has a wide range of products ranging from long rails
up to 121 meter to medium and large size parallel flange beams and columns. The
product mix includes: track rails, crane rails, parallel flange beams and columns and
channels.
To enhance its productivity and consistency in quality, the new tandem mill, the first
of its kind in India, was purchased from SMS Meer, Germany, and installed and
commissioned in November 2006, in which its patent X-H technology is adopted for
rolling of beams and columns. Other sections like rails and channels are also rolled
via the universal route.
India's first state-of-the-art plate mill
Introducing newer technologies, the company has installed a plate mill, which
manufactures the widest plates of 3.5 meter in coil form and coils of 3 meter width. It
commenced commercial production from April 2007 and has a production capacity of
1.0 MTPA. The mill has been consistently producing plates and coils in various
grades like EN, DNV, BS, ASTM, JIS, LRS and ABS certified by CII.
Medium and light structural mill
Furthering our endeavour to provide a complete product basket and an enhanced
structural section range to its customer, the company is proud to announce the

commissioning of its state-of-the-art 0.6 MTPA capacity medium and light structural
mill (MLSM). The mill is ISO 9001 and 14001 certified and also having BIS
certifications for most of the sections.

Jindal Cement
The Jindal Cement plant at Raigarh runs on slag and fly ash. It has been set up to
utilise wastes generated during steel manufacture. The plant was established to
manage solid waste generated from steel and power plants and to process them into
cement (known as Portland Slag Cement). The company started with a grinding
capacity of 0.72 MTPA in 2010. It plans to add another 1.3 MTPA clinker grinding
unit to increase the grinding capacity by 2 MTPA. The cement manufactured is sold
under the brand Jindal Cement. The company manufactures a special product, Jindal
Global Road Stabiliser (JGRS), and is the only manufacturer in India of the same.
JGRS was developed to stabilise multiple soil types in an efficient and a cost effective
manner.
TAMNAR
Driven by JSPLs vision and ideologies, Jindal Power Limited (JPL), a company
promoted by JSPL, has earned the distinction of setting up Indias first mega power
project in the private sector, the 1000 MW thermal power plant at Tamnar in Raigarh
district of Chhattisgarh.
JPL has a project portfolio of over 18000 MW in various stages of operation,
implementation and planning and has been contributing towards the growing needs of
power

in

the

country

since

its

inception.

A 1000 MW (4 x 250 MW) thermal power plant has been established at Tamnar,
Chhattisgarh. Presently, the company is implementing an additional 2400 MW (4 x
600 MW) at Tamnar.
It has already made the record of commissioning and achieving the commercial
operation date (COD) of two units of this project within 16 days only, making it the

only company in the country to do so. Also, the testing of the third unit has been
completed and is ready for synchronisation.

Notable highlights of the existing 1000 MW (4 x 250 MW) plant are:

A 6.9 km conveyer pipeline has been set up for coal transportation between the
captive coal mines and the plant.

The company has constructed a 258 km, 400 KV double circuit transmission
line from the plant to the PGCIL sub-station at Raipur through which power can be
sold anywhere in India.

An 18 meter high dam over the Kurket river, 25 km away from the project site,
takes care of the plants water requirements.

RAIPUR
JSPLs heavy machinery division at Raipur caters to all the requirements of equipment
and spares of steel, cement, mining and power plants of the group and other similar
industries. Following the current expansion of working area (by over 9,000 square
meter of working shed area), the division has strengthened its platform to address the
needs of similar industries in India and across the world.

JINDAL INDUSTRIAL PARK

JSPL constantly endeavours to empower the people around its plants and upgrade
their standards and quality of living. With this view in mind, the company has set up a
first-of-its-kind industrial park at Raigarh, fuelling development and growth in the
state of Chhattisgarh.

Spread across 800 acres, the Jindal Industrial Park has been strategically designed to
fulfil the company 's objective of developing the backward areas of Raigarh and
create more job opportunities for the underprivileged.
The company provides infrastructural assistance by providing land, roads and drains
along with consistent supply of power at a competitive rate to the units established in
the park. Till date, 32 such units are flourishing and many others are in the pipeline.
An investment of about US $ 0.24 billion (Rs. 1200 crore) is expected to be made
here by entrepreneurs, creating employment opportunity for over 5000 people.
ANGUL
Expanding its reach in the domestic market, the company has made considerable
investments in various parts of Odisha. It will be investing US $ 6 billion in the state
for steel production and power generation. The proposed steel plant to be set up in
Odisha will produce 12.5 MTPA steel and generate 2600 MW of power in phases.
In the first phase, the company is setting up a 6 MTPA integrated steel plant at Angul.
A 2.5 MTPA steel melting shop (SMS) has been commissioned. The project is in a
fast-track mode, with the 1.5 MTPA plate mill and an 810 MW captive power plant
already commissioned. The plate mill is capable of producing 5 meter wide plates,
making it the widest to be ever produced in the country.

Technology
The DRI-BF-EAF route technology would be adopted for steel production. The DRI
plant has a unique feature of using syn gas from the coal gasification plants as
reductant. It is being used for the first time in the world and has the advantage of
using high ash coal which is predominantly available in the vicinity of the project site.
The company has signed an agreement with Lurgi Technology Company- South
Africa, for providing technology for coal gasification.
The major facilities at the plant include:

Coal washery

Sinter plant

Pellet plant

Coke oven and by-product plant

Coal gasification plant

DRI plant and blast furnace

Steel melting shop

Slab caster

Plate mill and hot strip mill

Oxygen plant
Project Highlights
The proposed coal gasification technology to be used in this plant offers a

practical means of utilising indigenous coal for meeting stringent environmental

control requirements.
Work is in progress for the establishment of:

Coal gasification plant to produce 225,000 nm3/hr of syn gas

DRI plant of 2 MTPA capacity

Promotion of small-scale industries in and around Angul by giving

adequate support with respect to land, power and buying most of their products for
their end-use in the plant (like aggregates, bricks etc.)

The coal gasification plant is in final stages of commissioning, this marks the
completion of 1.5 MTPA integrated facilities of the first phase.

For the next phase, further construction and infrastructure development

activities are in advanced stages. Area grading, soil investigation and various other
civil jobs are under progress at site.

The company has partnered with several companies of international repute for
the purpose of technology supply and key equipment, detailed engineering,
procurement of other equipment, construction phase, manpower supply and project

management services. More than 350 companies, ranging from the biggest
international players to the regional vendors are partners in this endeavour.
Environment Protection Measures
The company is very much concerned about the impact on environment and has
therefore taken adequate measures and adopted the best pollution control norms
available in the world. One of the major steps taken towards protecting the
environment and reducing soil degradation is the usage of fly ash bricks in place of
conventionally used red bricks in all construction activities at the project sites.
The company's pellet plant at Barbil has a total installed capacity of 9 MTPA
production for different grades of pellets. The plant is of dry grinding, with
recuperation type of straight grate technology.
The basic engineering of the plant has been designed by M/s Metso (earlier known as
Aker Kvaerner), USA considering the input raw material quality and product
requirement. The facility houses material handling equipment of wagon trippler,
stacker reclaimer engineered by M/s Mecon based on in-house studies for material
handling and feasible logistics.
The commercial production of the pellet plant commenced at Barbil in December,
2009. As the company is actively engaged in the promotion of alternative fuels, the
pellet production will be through coal gasification, replacing furnace oil as fuel. This
is an innovative initiative, first-of-its-kind in the world using circulating fluidised bed
technology for coal gasification.
In April 2014, the company has started producing pellets from its second unit of 4.5
MTPA iron ore pelletisation plant at Barbil. The plant designed by M/s Metso (earlier
known as Aker Kvaerner) utilises wet grinding process. The project was
commissioned in a record time of 23 months from the first pilling work.
TENSA

The company's iron ore mine is situated at Tensa valley in district Sundargarh,
Odisha. The mine partially fulfills its requirement of iron ore for producing sponge
iron.
Produced as part of the company's backward integration plans to make it self reliant,
the iron ore ensures consistency in the quality of raw material used in sponge iron
kilns. Operational since 1990, these mines are popularly known as TRB (Tantra,
Raikela, and Bandhal) mines.
Production Capacity
The mines meet a part of the companys iron ore requirement for its sponge iron plant.
Equipped with fully mechanised techniques, it currently produces about 3.11 MTPA
of sponge grade iron ore. An additional mobile screening unit has been installed to
ensure the availability of high-grade iron ore / fines for its sinter plant at Raigarh
(Chhattisgarh).

Mining
Mining is done by top slicing method. Ore body (OB) and ore are removed
mechanically with the help of excavator and dumper. Average heights of the benches
are maintained as per the regulations and permissions granted by the Director of
Mines Safety, Chaibasa region. The ROM is fed to the crusher to get the final product
of 5 - 20 mm crushed ore.
Haul roads are maintained properly, taking into account width and gradient. Strong
parapet walls all along the haul road have been provided and maintained. Drilling
operation is carried out at the mines with the help of IBH-10 drill machine. A water
injection system has been provided in the drill for wet drilling to suppress the fugitive
dust. Rock breaker has been provided to break the oversize boulders eliminating
secondary blasting.
Sufficient water spraying arrangements have been provided to suppress dust on haul
roads with the help of fixed water sprinkling system and 20 KL capacity water

sprinkler throughout the working shifts. Water sprinkling arrangement has also been
provided at all discharge points of ore processing plant (OPP) along with the atomised
sprinkling arrangement.
Dumpers of 35 MT capacity transport the ROM from mine to crusher through a wellmaintained haul road. The haul road and mine is one of the best in the locality, for
which we have been accorded the best haul road prize and best overall performance
award during the Annual Mines Safety Week Celebration. Besides, MEMC Week
Celebration for mineral consumption and development is being conducted. Proper
blending proportion was maintained to achieve the required quality and
simultaneously mineral conservation is also maintained to achieve the optimum life of
the mine. Various steps are being taken to achieve the optimum costing in mining.
Steps are being taken for diversion of rest of the mines area from forest department.

Vocational Training
Vocational training in the field is provided to all newcomers. Training schedule is
drawn from time to time, which accommodates theoretical, refresher, audio-visual and
practical training (on the job and feedback test). Job training is also provided to all the
contractor workers on regular basis as well.

Safety Management
A strong safety management system is in place to ensure safety of the staff at
workplace. Different forum to discuss safety related issues have been formed and
strong action is taken against unsafe acts and conditions. The Safety, Health and
Environment (SHE) Pillar team at the location is involved in development work in

the direction of safety. Training to all workers and the staff both internal and external
is provided.

Environment & Ecology

At the mines, as per the Mining Plan, the mined out area is reclaimed back by
filling and is restored to its original status or planted with green foliage as required.

The Top soil during mining are stacked separately for use in plantation & coir
matting.

Effective dry fog system introduced at ore processing plant Water tanker
&fixed type permanent sprinklers are provided from entrance gate to Mines for dust
suppression.

Air, water quality, noise and other environmental parameters monitored

regularly and maintained below permissible limits.

Green belts lay along the safety zone.

Environment system is protected and monitored regularly.

To protect wild life, solar fencing has been provided at lease area.

Effective dust suppression system has introduced at ore processing plant.

Water tanker & fixed sprinklers are provided for dust suppression possibly at the point
of source.

Air, water quality, noise and other environmental parameters monitored

regularly and maintained below permissible limits and also displayed by LED screen
at entrance gate.

Separate pits for used cotton, used filter& used hoses, separate yard for used
oil and separate room for used battery and hand over these waste to authorized
recycler as per norms of pollution control board.

Zero oil discharge centre to recycle water of equipment washing centre.

Recognitions

Best mine with overall performance award on 15th Mines environment and
mineral conservation week 2013 by IBM.

Bala Gulshan Tandon Excellence Award 2012-13 by Federation of Indian

Mineral Industries.

Best safety practices in the mining by Odisha Safety Conclave 2012 for
effective and efficient operation in a scientific manner to move towards sustainable
development.

Excellence Award at NCQC-2012 by QCFI.

Achieved the silver award for outstanding achievement in Best Strategy (HR)
in the 2nd Annual Greentech HR Award, 2012 by Greentech Foundation.

Award for best CSR activities in the mining during 3rd National Seminar on
Odisha State Safety Conclave.

Gold Category Award at CCQC-2012.

Best mine with overall performance award on 50th Mines Safety Week
Celebration 2012 by DGMS.

PATRATU
The company is setting up a 6 MTPA steel plant and a 1320 MW captive power plant
(CPP) at Patratu, district Ramgarh. A wire rod mill of 0.6 MTPA and a bar mill of 1
MTPA with rebar service centre has already been commissioned.
Carrying on with its plans of expansion, JSPL plans to invest US$ 10 billion in the
state of Jharkhand for establishing a steel plant of capacity 12 MTPA and a captive
power plant with production capacity of 2640 MW in phases.

The company is setting up a 6 MTPA steel plant and a 1320 MW captive power plant
(CPP) at Patratu, district Ramgarh. A wire rod mill of 0.6 MTPA and a bar mill of 1
MTPA with rebar service centre has already been commissioned. These mills are
equipped with the latest state-of-the-art technology to offer superior quality products
like wire rods, TMT, rounds, angles RCS and ready-to-use products welded wire mesh
and cut & bend rebar.
At Patratu, JSPL has taken over the assets of the closed Bihar Alloys and Steel
Limited, which is about 40 km from Ranchi. Using the available land and adding
some more, the company is setting up new steel and power plants. This endeavour
would provide gainful employment to a large number of people and aid in the
economic and infrastructure development of the area.
The company plans to set up a 6 MTPA steel plant at Asanboni and a 1320 MW CPP
at Godda as well.
Plant Facilities
The plant facilities for the first phase at Patratu include:

Coke and by-product plant of 1.9 MTPA capacity

Sinter plant of 490.5 m2 capacity

Blast furnace of 4019 m3 capacity

Basic oxygen furnace of 2 x 200 tonne capacity

Ladle furnace

Vacuum degassing unit

2 units of 8 strand billet caster

Bar mill of 1.0 MTPA capacity

Wire rod mill of 0.6 MTPA capacity

CSP mill of 2.0 MTPA capacity

Oxygen plant of 2 x 1300 tonnes/day capacity

Lime and dolomite calcination plant of 3 x 600 tonnes/day capacity

Patratu Project Highlights

JSPL has Launched Panther as a new brand for TMT products which are
being manufactured at the Patratu steel plant.

Orders for major technological packages have been finalised and orders have
been placed.

In early 2010, the first unit of the steel plant at Patratu, a 0.6 MTPA wire rod
mill was commissioned.

The second unit, the 1 MTPA bar mill that has been commissioned in 2011 is
designed to produce TMT bars from 8 mm to 40 mm, angles 50 x 50 mm to 90 x 90
mm and plain rounds (forging grade) and RCS.

Additional facility has been incorporated in December 2012 as rebar service

centre which is capable to produce ready to use products of retail like weld mesh Ubend and cut and bend.

With the available facilities Patratu unit has provided about 2000 indirect and
2000 direct employment in the region. The TMT Bars produced from this mill will be
utilised in housing and infrastructural development projects in the state of Jharkhand.

Jeraldaburu iron ore mines, Jitpur coal block and Amrakonda-Mugadangal

coal block have been allocated.

INTERNATIONAL

AFRICA

The companys African operations span through South Africa, Mozambique,

Botswana, Madagascar, Tanzania, Zambia and Namibia and its strategy has shown
significant results in improving the quality of life for the people, while nurturing the
environment that has produced good quality coal, copper, iron ore and limestone.
Kiepersol
The companys operational activities in the country include the Kiepersol Colliery,
which is an underground operation located within the jurisdiction of the Gert Sibande
district in Mpumalanga, South Africa.
The Kiepersol Colliery remains a prominent producer of high quality anthracite and
lean bituminous coal, which is sold on both the domestic and international
metallurgical coal markets, and is all made possible with a dedicated private railway
siding which forms the bulk of the companys infrastructure, which in turn enables the
mine to dispatch orders directly to clients and to the ports for exports thereby
maintaining the high quality service and delivery standards its clients have become
accustomed to.
Melmoth
The company feels that the biggest South African investment is on the horizon, with
the current vision to substantially invest in the newest pipeline project, an iron ore
development with a 20 MTPA operation at steady state. This magnetite resource with
potential reserves of several billion tonnes is located 25 km South East of the
Melmoth. Since acquiring these two respective areas, comprising of 21000 hectares,
the company has aggressively commenced with exploration activities to prove their
resource potential, approached the market to establish a pellet plant as well as
appointed environmental consultants to commence with the environmental impact
assessment and social studies. Thus, providing the necessary baseline survey to
expedite the pre-feasibility study.

Mozambique

In neighbouring Mozambique, the company is at the forefront of the countrys energy

revolution, where it is one of only three companies with mining rights in the coal-rich
Moatize area.
This opencast coal mine, with a proven reserve of 700 MT and an expected life-ofmine of 25 years, commenced operations on its 10 MTPA coal mine, with the
production of 3 MT in the first phase, during 2012. The last annual period has seen
significant strides achieved towards the evacuation of the coking coal and high grade
thermal coal, with the first shipment of 36000 metric tonnes of coal exported during
the 1st quarter of 2013. With phase one complete and aiming for 3 MT by the end
2014, the substantial reserves unearthed will help to produce in excess of 10 MTPA of
high grade coal from 2015 onwards.
Botswana
In 2012 the company increased its portfolio of projects through the acquisition of
Canadian listed coal company, CIC Energy Corp for approximately US $ 116 million.
The conclusion of this deal allows the company to access approximately 2.7 BT of
measured and indicated resources, thus positioning it as a frontrunner to capitalise on
the increasing demand for electricity on the African continent. The Jindal Mmamabula
Energy Project is an extension of the Waterberg Coalfield in South Africa and is one
of the largest undeveloped coal assets in the region.
Tanzania
Our presence in Tanzania is one of continual growth and expansion. The team is
focused on exploration activities in base metals, precious metals and iron ore. The
company has acquired several small-scale mining concessions in the central part of
the country, and two prospecting licenses.
All the properties are at various stages of exploration including geological and geophysical investigations, and the company is also looking for opportunities to develop
advance stage exploration projects which can be developed into operating mines in
the shortest possible time.

Madagascar
The Indian Ocean island nations treasure chest of limestone provides the company
with access to more than 1 BT containing steel-grade deposits. Due to the abundance
of the resource, the operations supply all the needs of the local industry. It also
exports to help satisfy the 2 MT required by the companys steel plants in India.
As we are doing in Mozambique, we are also developing port infrastructure in
Madagascar to aid with the exporting of lime and other related resources. The port
will be accessible to other local corporations, helping increase the export capacity and
foreign currency earning capacity of the entire country.
Zambia
Two copper concessions near the capital are at an exploration stage, with as yet
unquantified amounts of reserves to be measured. A planned copper smelter will go a
long way in ensuring the southern African nations ability to beneficiate its own
metals and develop downstream industries, helping to increase employment in a
region that relies economically on mining and direct foreign investment.
Namibia
The company plans to operate an iron ore mine in the region of Khomas in Windhoek.
It plans to explore these resources with the aim of developing a mine in the thriving
and profitable mining sector of the country. The company has been involved in the
exploration activities of the untapped region which represents about 30000 hectares of
iron ore occurrence. The company aims to ascertain iron ore reserves in the region
with the purpose of applying for mining rights, thereafter beginning with mining
activities.
Mauritania
The company has acquired exploration permits for two iron ores with a total area of
about 1500 sq. km. The phase one of exploration has been completed and the results
are encouraging. The phase two exploration is under process.

Senegal
The company has singed power purchase agreement to set up a 350 MW (2 x 175
MW) coal based power plant in Senegal.
AUSTRALIA
JSPL through its 100% owned Australian subsidiary, Jindal Steel and Power
(Australia) PTY Ltd is investing in greenfield and brownfield resource sector
companies and projects to supplement its planned steel and power projects in India
and abroad.
Investment in ASX Listed Companies

JSPL has increased its stakes to 31.49% (433.3 million shares) through an
open offer in Gujarat NRE Company, (GNM) an ASX listed coking coal producing
company in New South Wales which has two operating underground mines producing
coking coal. JSPL also has an off take agreement for 700,000 tons of coking coal per
year with Gujarat NRE for a ten year period.

In addition, Jindal and Gujarat will enter separately into new off-take
agreements on normal commercial terms and conditions reflecting the changing
ownership structure which will secure the sale of ROM coal from the company.

JSPL (Australia) has taken 11.7% stakes in Apollo Minerals Ltd, which has
Iron ore tenements in South Australia, Western Australia and Gabon.
Greenfield Development
JSPL has six 100% owned coal exploration projects in Queensland. These exploration
tenements are spread over a very large area of more than 1300 sq. km with potential
for coking/PCI and thermal coal and are very strategically located in three major coal
bearing areas of Queensland i.e. Bowen basin, Surat basin and Maryborough basin
close to rail and port infrastructure. An option agreement has been signed with Fitzroy
port terminal for 5 MT of port capacity.

INDONESIA
JSPL has invested for the development of two greenfield exploration assets in
Indonesia. Both the mines are located within Central Kalimantan Province of
Indonesia.
The company is also exploring investment opportunities in the power and
infrastructure sector in Indonesia. All major approvals obtained to commence coal
mining.
Thermal Coal Asset

Large size deposit of low ash low sulphur thermal coal for open cast
operation

Coal mining license obtained in 2009 for 10 years till March 2019 for over
35.9 sq. meter

Permit received from the Ministry of Forest for the entire concession area

MoU signed with Bupati Barito to develop road for coal hauling

All major approvals obtained to commence coal mining

250 Ha of land acquired for the first phase of mining and 17.7 Ha land for
development of captive coal terminal at Barito river

Approval obtained from Transportation Ministry to develop captive coal

terminal

Ancillary infrastructure at mine is being developed

OB removal and trial production started

Exploration license over 100 sq. km in Central Kalimantan

Medium to large size deposits of prime hard coking and thermal coal for opencast operation

Governor recommendation obtained for forest clearance, approval awaited

from Central Government

OMAN (MIDDLE EAST)

JSPL had acquired Shadeed Iron and Steels 1.5 MTPA gas-based HBI plant at Sohar
Industrial Port area, Oman at a cost of US $ 500 million in 2010.
The facility is engineered by world-renowned Kobe Steel (Japan) and Midrex (USA),
leaders in the field of direct iron technology. This facility supports the strong demand
for steel in the Middle East and North African countries, which has a supply shortfall
estimated at more than 12 MT.
In April 2014, the company successfully commissioned its 2 MTPA Integrated Steel
Plant (ISP) in Sohar, Oman. The facility, using state-of-art technology from M/s
Danielli Italy, is Omans first and largest steel melting shop (SMS), and also the third
largest unit of Middle East & Gulf Region. Jindal Shadeed has invested over US $
800 million in this integrated facility.
The SMS was commissioned in record 23 months from the date of commencement of
the site work. Earlier, Jindal Shadeed had set up a 1.8 MTPA DRI plant, which has
been operating to its full capacity for the last two years.
The new plant, inter alia, comprises of the following features:

Electric arc furnace (EAF): With nominal capacity of 200 tonnes, this is the
largest in Middle East. It has unique feature to directly charge Hot DRI at 6500 C into
EAF by gravity and thereby facilitates substantial energy saving. This is the world's
first fravity hot DRI feeding system. The furnace is modern and technically superior.

Ladle furnace: Capacity of the furnace is 200 tonnes. This is one of its kind in

Middle East. Liquid steel is treated in the furnace to get desired chemistry and
temperature.
Continuous casting machine: This is a combination of high speed caster to

produce billets and blooms in square and round sections. It has 8 strands and is the
largest and first of its kind in the world. The nominal capacity of the machine is 2
MTPA. The machine is capable of casting the following range of sections.

CSR OVERVIEW
Shaped by an organizations level of maturity, compliance, efficiency and core
business strategy, Sustainability can have different meanings for different
organizations. Sustainability at Jindal Steel and Power Ltd. means ensuring the
organizations holistic growth with authenticity, such that we are able to ensure
our organizations long-term success as well as contribute significantly towards
building a better world. In JSPL the Sustainability Division is a central node that
oversees different functions within the company that are related to the longevity of
JSPLs business. The Sustainability Division at JSPL is committed to the following
goals:

Ensuring compliance and raw material security

Establishing sustainable steel and power production processes

Building an authentic corporate identity and brand

Enabling innovation

Attracting and nurturing leaders

Maintaining robust internal management processes

Motivating employees to innovate, be dynamic and provide leadership on

issues critical to the state of the world.

Sustainability Officers are positioned at plant locations and are led by the Group
Chief Sustainability Officer, Dr. Miniya Chatterji. Miniya reports directly to the CEO
on all matters and also to the Chairman on JSPLs social commitment. This unique
structure ensures that sustainability priorities are well integrated into the core business
strategy.

CONTROVERSIES
Involvement in coalgate scam
Congress MP, Naveen Jindal's Jindal Steel and Power got a coal field in February
2009 with reserves of 1500 million metric tones while the government-run Navratna
Coal India Ltd was refused. On 27 February 2009, two private companies got huge
coal blocks. Both the blocks were in Orissa with one being 300 mega metric tones and
1500 mega metric tones. Combined worth of these blocks is well over INR 2 trillion
(short scale). These blocks were meant for the liquification of coal. One of these
blocks was awarded to JSPL. Naveen Jindal's Jindal Steel and Power was the
company which was allotted the Talcher coal field in Angul, Orissa in 2009, after the
cut off date by the Central Government on allocation of coal blocks.
The Opposition parties alleged that the Government violated all norms to grant the
coal fields. Naveen Jindal, however, denied any wrongdoing. On 15 September 2012,
an Inter Ministerial Group (IMG) headed by Zohra Chatterji (Additional Secretary in
Coal Ministry) recommended cancellation of a block allotted to JSW (Jindal Steel
Works), a Jindal Group company.
Iron ore reserve mining in Bolivia

On 3 June 2006, Bolivia granted development rights for one of the world's largest iron
ore reserves in the El Mutn region to Jindal Steel. With an initial investment of
US$1.5 billion, the company plans to invest an additional US$2.1 billion over the next
eight years in the South American country. Jindal Steel is most likely to terminate the
contract of investing $2.1 billion in setting up a steel plant in Bolivia, due to nonfulfilment of contractual obligations by the Bolivian government.
Coal mining in Mozambique
In the coal-rich Tete province of Mozambique, local communities were displaced and
resettled due to coal operations owned by mining companies Jindal Power and Steel,
Vale, and Rio Tinto have faced significant and sustained disruptions in their ability to
access water and to produce or buy food. In some cases there was violent police
repression of displaced people who claimed for their rights.

SUSTAINABILITY AT JSPL

The Business Sustainability division at JSPL was set up in July 2014 to ensure that the
pace of growth of the company was matched with a holistic and long term approach.
The entire establishment of this division was based on a simple principle of Conceive
Cast Collaborate.
Conceive Prior to setting up JSPLs Business Sustainability Division we took a deep
internal check on what sustainability meant for JSPL. 3 sets of employee surveys
alongside brainstorming sessions with the top management led to our understanding
that sustainability at JSPL signifies JSPLs overall business longevity such that the
companys growth is not just speedy but also holistic and authentic.

Cast JSPLs business sustainability has subsequently been cast within the
organization in such a way that sustainability permeates through various business and

processes of the company. It is placed as a central node that oversees different

functions within the company that are related to the longevity of JSPLs business. In
addition to leading the Business Sustainability Division, the Chief Sustainability
Officer is also part of the CEOs office, and also reports in to the Honourable
Chairman for all issues related to JSPLs social commitment. This unique organization
structure ensures that best practices are identified and rolled out strategically in all
critical aspects of JSPLs business.

Collaborate JSPLs business sustainability is a cross functional concept such that

collaboration across the company is key towards ensuring its long term success. The
commitment to sustainability from the different business heads at JSPL is vital.
Thereafter the implementation of various best practices for long term success also
relies on a deep and thorough collaborative effort across the company.

PILLARS OF SUCCESS
Pillar 1 - Values and Governance
The DNA of any organisation is defined by its Values and Code of Conduct.
However,simplystatingthemisnotsufficient,itmustimbibeinallaspectsofa
companysdecisionsandactivitiesonanongoingbasis.Recognizingtheimportance
ofValues,weareconstantlyengagedinbothcreatingawarenessandactualizationof
its values across its employees by conductingLSIP (large scale interactive
process)withthegoaltocreatetherightframeworkwithintheorganisationwherein
allemployeesofJSPLmakevaluesapartoftheireverydaylives,bothpersonaland
professional.Also,weensureefficientandethicaloperationsbothinbusinessdealing
andpeoplemanagementpracticesinordertoliveourCodeofConduct.

Pillar 2 Top Talent Management and Succession Planning

The objective is to identify and nurture top talent to ensure a robust leadership
pipeline within the organisation through Assessment/ Development Centres, Gap
Analysis, Performance/ Potential Mapping, Individual Development Planning,
Executive Coaching, Mentoring, Strategic workshops, Job Rotations, Rising Star
IdentificationProgram,JindalLeadManagementTraineeProgram(JLMT)andthe
like.
Pillar 3 Leadership Development
Leadersacrosstheorganisationarecoveredthroughvariousleadershipdevelopment
programs. Our flagship programmes: Leadership Exploration And Development
(LEAD),YoungLeadersProgram(YLP)andAdvancedLeadershipProgramare
designedtobuildonthefourcoreelementsoftheJindalLeadershipmodelLead
peopleinameritocracywithrespectandcare,Actwithutmostintegrityandloyalty,
Upholdoursocialresponsibilitythroughsustainabledevelopment,Achievebusiness
excellence through process rigour, strategic thinking and innovation. These help
createaculturewithintheorganisationwhichallowsitspeopletoinnovate,manage
uncertainty,andcompeteeffectivelyinaglobalenvironment.

Pillar 4 Functional Excellence

Ourendeavoristocontinuouslybuildfunctionalandoperationalexcellencebasedon
businessstrategyandgrowthplan.Someoftheprogramsthatwecurrentlydoareon
subjects like Business Finance, Project Management, Strategy Execution, Cost
Optimisation, Customer Centricity, etc. Also, the Learning Management System
(LMS)ofGroupCompaniesofJSPLGyanDrishtioffersaselflearningplatform
withanewdimensiontothelearningtechniqueshavinginteractivecoursewareand
widerangeofinformationonvariousbehavioral,functional,andtechnicalsubjects.
This platform helps in promoting a strong learning culture, an environment of
seamless learning, professionalism, improved employee engagement andincreased
functionalandtechnicalcapabilities.

Apartfromthiswealsodoahostofemployeeengagementactivitieswithfocuson
peoplepractices,communicationandrewardsandrecognition.

BIBLIOGRAPHY