Jindal Steel & Power wins Second Coal Block in Odisha

Naveen Jindal

Chairman of Jindal Steel & Power Limited (JSPL)

Naveen Jindal is the Chairman of Jindal Steel & Power Limited (JSPL). He also serves as the President of Flag Foundation of India (FFI) and Chancellor of OP Jindal Global University and represented Kurukshetra Parliamentary Constituency in the Indian Parliament.

Under his able leadership, JSPL has significantly enhanced its steelmaking capacities to over 10 MTPA; and created power generation capacities of over 5050 MW for the nation.

JSPL now has manufacturing and operational presence in Angul-Odisha, Raigarh-Chhattisgarh and Patratu – Jharkhand in India; and in key global geographies including a 2 MTPA integrated steel plant at Oman; and coal mining operations across Australia, Mozambique and South Africa.

JSPL, through its subsidiary Jindal Power Limited, successfully created India’s first private sector power plant of 1000 MW, which after expansion, forms the largest power generation complex of UMPP scale in Chhattisgarh with a generation capacity of 3400 MW. Jindal holds an MBA degree from the University of Texas at Dallas, USA. After completing his education, he returned to India and started contributing to the growth of the Company.

Naveen Jindal’s idea of building the nation of his dreams inspired him to commit himself towards ‘Making In India’. The spirit of innovation and the dream of using swadeshi raw materials aided the success story of JSPL under his able leadership. Manifesting Naveen Jindal’s vision of Building a Nation of Our Dreams, today JSPL is amongst the select league of 7 global steelmakers with capability to manufacture Head Hardened Rails for laying future railroads including bullet trains and hi-speed metros.

Led from the front by Naveen Jindal, JSPL has successfully completed amongst India’s Most Modern 6 MTPA Integrated Steel Plant at Angul – Odisha, comprising of India’s largest 4 MTPA Blast Furnace. The Blast Furnace came up in a record time of 27 months, establishing new benchmarks in global steelmaking.

The Integrated Steel Plant, initially envisaged as the country’s first steel plant to be based on purely swadeshi raw material, involved setting up world’s largest Coal Gasification
Plant (CGP) for Steelmaking through the DRI route.

Housing the world’s largest 1.5 MTPA Bar Mill and India’s most advanced Plate Mill, JSPL’s steel plant at Angul will produce 6 MTPA Steel out of which only half will need coking coal rest half based on non-coking coal using a prudent mix of DRI and Hot metal in electric and oxygen steelmaking processes adding significant flexibility to its efficient operations.

With a strong belief in prudent forward and backward integrations, JSPL established India’s largest 9 MTPA Pelletization Complex at Barbil, Odisha.

Jindal also undertook the citizen’s right to display the National Flag with respect, dignity and honour. His spirit of Nationalism was duly rewarded after a decade, when the Supreme Court of India delivered a historic judgment, which allowed every Indian to hoist the Indian Flag with pride.

Naveen Jindal represented Kurukshetra in the Indian Parliament for 10 years in the 14th and 15th Lok Sabha and was part of several Parliamentary Committees and initiatives. As part of his Philanthropic initiative, Naveen Jindal founded the OP Jindal Global University in 2009 with a deep desire to ensure quality education to build a strong foundation for future of India.

The University ranks amongst the country’s most prestigious higher education institutions today. OP Jindal University at Raigarh offers Engineering and Management courses in diverse disciplines, to further Mr. Jindal’s vision of providing quality higher education.

Numerous awards and accolades have been conferred upon Naveen Jindal for his contributions to multiple disciplines of business, philanthropy, education, sports etc. some of them include:

  • Industry Communicator of the Year 2016 by World Steel Association
  • Young Global Leaders – 2007 by World Economic Forum
  • India’s Best CEO by BT – INSEAD – Harvard Business Review; JSPL was rated as the Highest value creator in Indian for the period 1995 – 2011.
  • Top Ten India Inc’s Most Powerful CEO’s – 2011 by The Economic Times
  • Young Entrepreneur of the Year Award – 2010 by Ernst & Young in field of Energy and Infrastructure
  • Justice PN Bhagwati Award for unique contribution to legal education and philanthropy by Dr. A.P.J. Abdul Kalam

Jindal is an acclaimed shooter and an avid Polo Player. The Jindal Panther Polo team consistently ranks amongst the best Polo teams of India, winning several laurels under his captaincy.