Jindal Steel and Power achieves record quarterly production

New Delhi: Jindal Steel and Power Limited witnessed the highest ever quarterly production of 1.61 million tonnes of steel in Q3 FY19-20, according to a release by the company. Raigarh & Angul operations have contributed 8,17,344 and 7,92,822 metric tonnes to this achievement.

"JSPL has delivered a solid performance in Q3 of FY19-20. Despite adverse market conditions, JSPL has achieved these results due to the determination of our able leadership & talented work-force across all locations," said VR Sharma, MD, JSPL.

Other Key milestones of Jindal Steel Power Limited (Standalone) are:

1. Rebar Mill, Angul has achieved the highest ever quarterly production of 2,58,026 metric ton rebar in FY19-20.
2. Rail Mill, Raigarh has achieved the highest ever quarterly production of 1,65,473 metric ton rails and structure in FY19-20.
3. Plate Mill, Raigarh, has recorded the highest ever quarterly production of 2,43,237 Metric Ton of Plates and Coils in FY19-20.
4. Beam & Structure Mill, Raigarh, has achieved the highest ever quarterly production of 1,14,036 metric ton in FY19-20.

Key milestones achieved by JSIS, Oman are:

1. Rolling Mill has recorded the highest production of 5,282 metric ton in a day on December 28, 2019.
2. Steel Melting Shop has recorded the highest ever 2 MTPA steel production run-rate in Q3 of FY19-20.
3. Direct Reduced Iron Unit has recorded the highest ever production of 1.75 million tonnes in the Calendar Year of 2019.

The backdrop

JSPL is an industrial powerhouse in the steel, power, mining and infrastructure sectors. Part of the $22 billion OP Jindal Group, the company is continuously scaling its capacity utilisations and efficiencies to capture opportunities for Building A Nation of Our Dreams. SPL's business operations span across the states of Chhattisgarh, Odisha and Jharkhand in India, where it operates some of India's most advanced steel manufacturing and power generation capacities of global scale. JSPL also manufactures customised steel products like Weld Mesh and Cut & Bend Rebars aimed to speed up the construction process.