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In May 2023, JSW Steel reached an in-principle agreement with JFE Steel to establish a 50:50 joint venture to manufacture cold-rolled grain-oriented (CRGO) electrical steel in India. [46] [47] In March 2024, JSW Steel Italy SRL inked an MoU with the Government of Italy to invest €140 million in restarting production at the Piombino plant. [48]
The JSW Group was founded in 1982 when Jindal acquired a re-rolling mill located in Tarapur, Maharashtra, near Mumbai, from Piramal Steel. [5] Following the acquisition, the group renamed it Jindal Iron and Steel Company (JISCO).
Majority of the steel companies such as Jindal Stainless, JSW Steel, Bhushan Steel, Lloyd's Metal etc. were established in the 1970s and 1980s. [2] The Indian steel industry was de-licensed and de-controlled in 1991 and 1992 respectively.
Moody's Investors Service, ( " Moody's " ) has confirmed JSW Steel Limited's Ba2 corporate family rating (CFR) and Ba2 senior unsecured debt rating. The outlook has been changed to negative from ...
Jindal Vijayanagar Steel built the airport next to its plant in Toranagallu for use by senior employees. [4] It began operations in 1997. [5] In 2004, the government of Karnataka announced that the airstrip would be upgraded to serve as the new commercial airport for Bellary, which was 30 kilometres (19 mi) away. Air Deccan planned to fly to ...
JSW Vijayanagar Power Station, Toranagallu village in Bellary district, Karnataka. It is a 1460 MW (2x130,4x300 MW) plant. [4] JSW Ratnagiri Power Station, Nandiwade village near Jaigad in Ratnagiri district, Maharashtra. It is a 1200 MW (4x300 MW) plant. [5] JSW Barmer Power Station, Bhadresh village in Barmer district, Rajasthan. It is a 1080 ...
The company manufactures and sells sponge iron, mild steel slabs, rails, mild steel, structural, hot rolled plates, iron ore pellets, and coils. [6] Jindal Steel and Power set up the world's first MXCOL plant at Angul, Odisha that uses the locally available and cheap high-ash coal and turns it into synthesis gas for steel making, reducing the ...
Switch up your lunch routine by making these easy hot lunch recipes which will warm you up and keep you satisfied until dinnertime.