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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). Subsequently, in the same year, the group established its first steel plant in Vasind, near Mumbai. [6]
On 11 February 2007, the company entered into an agreement to acquire the American company Novelis for US$ 6 billion, making the combined entity the world's largest rolled-aluminium producer. [11] [better source needed] At 2007 Novelis was the world's largest producer of rolled aluminium and a major recycler of aluminium cans. [8]
Jindal Institute of Power Technology (JIPT) JIPT was established to develop a pool of technically trained power plant professionals for power utilities in India and abroad. The course authorizes the pass-outs to operate or undertake maintenance of any part or whole of generating stations of capacity 100 MW & above together with the associated ...
In 1970, O.P. Jindal founded a mini steel plant named Jindal Strips Limited at Hisar. [10] [8] [4] It started manufacturing hot rolled carbon steel coils, plates, slabs and blooms. It was the beginning of the story for Jindal Stainless. Over the years, the company expanded its capacity at Hisar. In 2002, Jindal Strips was restructured as Jindal ...
Any by 2020, it sold of 39 percent stake which it held in JV to Georgian Steel Group Holdings Limited. [31] In 2009, Japan's JFE Steel, entered into a strategic partnership with JSW Steel to produce automotive steel products. [32] In 2014, it acquired Welspun Maxsteel Limited in a deal valued at around INR 1,000 Crores. [33] [34]
Sajjan Jindal (born 5 December 1959) is an Indian billionaire businessman. He is the chairman and managing director of JSW Group of companies; diversified in steel, mining, energy, sports, infrastructure and, software business.
During FY 2019–2020, the company mined 32.406 million tonnes of steel making minerals. [25] SAIL produced 13.9 million tonnes of crude steel by operating at 103% of its installed capacity, which is an increase of 1% over the previous year. It also generated 710 MW of electricity during FY2014-15. [2] SAIL records turnover of over Rs 1 lakh crore.
This is an accepted version of this page This is the latest accepted revision, reviewed on 18 January 2025. Indian politician (1930–2005) Om Prakash Jindal Jindal in 2001 Minister of Power, Government of Haryana In office 2005–2005 Constituency Hisar Personal details Born (1930-08-07) 7 August 1930 Hisar, Punjab Province, British India (present day Haryana, India) Died 31 March 2005 (2005 ...