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Jindal Steel and Power Limited 

(JSPL) (BSE: 532286) is the most valuable private steel producer in


India, with an annual turnover of over US $2.1 billion (Rs. 11,000 crore), Jindal Steel & Power Limited
(JSPL) is a part of about US$ 12 billion diversified O. P. Jindal Group. JSPL is a leading player in Steel,
Power, Mining, Oil & Gas and Infrastructure. Mr. Naveen Jindal, the youngest son of the late Shri. O P
Jindal, drives JSPL and its group companies Jindal Power Ltd, Jindal Petroleum Ltd., Jindal Cement Ltd.
and Jindal Steel Bolivia. The company professes a belief in the concept of self-sufficiency. The company
produces steel and power through backward integration from its own captive coal and iron-ore mines.

However, in terms of tonnage, it is the third largest steel producer in India. The company manufactures
and sells sponge iron, mild steel slabs, ferro chrome, iron ore, mild steel, structural, hot rolled plates and
coils and coal based sponge iron plant. The company is also involved in power generation.

Jindal Steel and Power is a part of the Jindal Group, founded by O. P. Jindal (1930–2005). In 1969, he
started Pipe Unit Jindal India Limited, one of the earlier incarnations of his business empire. After Jindal's
death in 2005, much of his assets were transferred to his wife, Savitri Jindal. Jindal Group's management
was then split among his four sons with Naveen Jindal as the Managing Director of Jindal Steel and
Power Limited. His elder brother, Sajjan Jindal, is currently the head of ASSOCHAM, an influential body
of the chambers of commerce, and the head of JSW Group, part of O.P. Jindal Group.

On June 3, 2006, Bolivia granted development rights for one of the world's largest iron ore reserves in
the El Mutún 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 theSouth American country.[2]

Savitri Jindal, the widow of O. P. Jindal, is ranked as the 19th richest Indian person according to Forbes.

The Jindal family established Vidya Devi Jindal School, a residential school for girls in Hisar, India,
in 1984. Although not marketed as such, it is widely known to cater to the wealthy through its private
location and remarkable array of activities. The school's student body comprises girls from affluent
business and political families of India.[3]

Future outlook
Expanding to newer horizons JSPL firmly believes that change is the only constant in life and it shall have
to continuously upgrade its existing technologies, embrace new technologies, motivate its personnel and
uplift the living standards of those around us. Adhering to these values, major expansion plans are being
executed:

Raigarh
 2 MTPA cement plant.
 Additional power generation of 540 MW.
 Medium structural mill.
 Pipe conveyor from mines to plant.
 Mini blast furnace up-gradation
 Fabrication unit in the industrial estate.

An MOU has been signed between JSPL and the Government of Chhattisgarh for setting up an additional
7.0 MTPA steel plant in phases and a 1600 MW power plant with an investment of over US $ 5.20 billion
(Rs. 26,000 crore).

Jharkhand

An 11 million ton integrated steel plant and 2600 MW captive power plant in phases, with a total
investment of US $ 6.00 billion, (Rs. 30,000 crore).

Orissa

A 12.5 million ton integrated steel plant and 2600 MW captive power plant in phases, with a total
investment of US $ 8.00 billion (Rs. 40,000 crore). The first phase of 3 million ton is expected to be
commissioned by 2011.

Coal to Liquid Petroleum Project

Jindal Steel & Power has been allotted the Ramchandi Promotional Coal Block in Orissa for the proposed
Coal to Liquid (CTL) project by the Union Coal Ministry, Government of India. The project cost estimated
to be around US $ 8.4 billion (Rs. 42,000 crore) includes CTL plant, coal mining and power plant. The
project to be located in Tehsil Kishore Nagar, Dist. Angul, Orissa will produce 80,000 barrels per day (4.0
MMTPA) crude using environment friendly Indirect Coal Liquification Technology developed by M/S Lurgi
of Germany for the first time in India. The prestigious CTL project is yet another feather in JSPL’s cap.

Jindal Petroleum Limited

As part of its diversification process, JSPL has recently forayed into the oil and gas sector, operating
under the banner of Jindal Petroleum Limited. The company has acquired 7 Oil & Gas blocks in different
parts of the world, including 5 in Georgia, 1 in Bolivia and 1 in India. Mr. Naveen Jindal recently led a
delegation to Georgia to sign contracts with the Government of Georgia for the exploration and production
of the blocks, signifying the importance the company is giving to its petroleum business. The company
has so far committed an investment of US $ 200 million (Rs. 1000 crore) and is working on several other
projects in the sector.

Bolivia
JSPL plans to invest US $ 2.1 billion (Rs. 10,500 crore) in Bolivia, South America, in the coming years for
mining and setting up of an integrated 1.7 MT steel plant, 450 MW power plant, 6 MT sponge iron and 10
MT iron ore pellet plant.

Savitri Jindal is an Indian steel baroness, the wealthiest woman in India and the world's 56st richest
person. She is the non-executive chairperson of Jindal Steel and Power Limited and JSW Steel, and
member of the Haryana Vidhan Sabha, (Legislative Assembly) MLA. She also served as a Minister of
Power in the Government of Haryana until 2010. She became the chairperson after her husband, O. P.
Jindal, died in a helicopter crash in 2005.[3] Savitri Jindal Biography

Savitri Jindal is a Forbes Billionaire and India’s 6th Richest person. Her net worth is US $ 12. Billion
According to Forbes 2010.

She is world’s 44th Richest person (Forbes 2010). Savitri Jindal is a non-executive chair person of JSPL
– Jindal Steel and Power Limited.

She is also a member of Haryana Vidhan Sabha and MLA. Savitri Jindal became the Chair person of
JSPL after the death of her Husband O.P. Jindal in 2005 by Helicopter Crash.

Savitri Jindal and Family

Savitri was born on 20th March 1950 and residing at Hisar, Haryana, India. She is the Indian citizen and
her Education is Diploma. She married to O.P. Jindal who founded JSPL.

Savitri Jindal Children

Savitri had 10 Children name Prithviraj Jindal, Sajjan Jindal, Ratan Jindal, Naveen Jindal and 6 others.

Savitri Jindal is noted as World’s 4th Richest Mother according to Forbes and She is world’s one of the
most richest woman according to Forbes.

Forbes.com published the list of 70 world’s richest billionaire moms in which Savitri Jindal’s name
appeared at the forth spot.

She is also Asia’s Richest Woman.

Corporate Profile of Jindal Steel and Power Limited -

Jindal Steel and Power Limited is the most valuable private steel producer in India. JSPL is a leading
player in Steel, Power, Mining, Oil & Gas and Infrastructure. Mr. Naveen Jindal, the youngest son of the
legendary late Shri. O P Jindal, drives JSPL and its group companies Jindal Power Ltd, Jindal Petroleum
Ltd., Jindal Cement Ltd. and Jindal Steel Bolivia with a belief in the concept of self-sufficiency. 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.

he Jindal family established Vidya Devi Jindal School, a residential school for girls in Hisar, India, in 1984.
Although not marketed as such, it is widely known to cater to the wealthy through its private location and
remarkable array of activities. The school's student body comprises girls from affluent business and
political families of India.

She is noted for being the world's 4th richest mother, as well as for having more children than any other
billionaire mother (nine).

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