Moneycontrol
HomeNewsBusinessEarningsLooking to produce 8,000 tonne/day in next 2-3 months at Angul capacity: JSPL
Trending Topics

Looking to produce 8,000 tonne/day in next 2-3 months at Angul capacity: JSPL

Jindal Steel and Power's (JSPL) Q1 earnings came in better than estimates with the consolidated net loss narrowing while the power business outperformed. In an interview to CNBC-TV18, Ravi Uppal, MD & CEO of JSPL spoke about the results and his outlook for the company.

August 09, 2017 / 16:36 IST
Story continues below Advertisement

Your browser doesn't support HTML5 video.

Jindal Steel and Power's (JSPL) Q1 earnings came in better than estimates with the consolidated net loss narrowing while the power business outperformed.

In an interview to CNBC-TV18, Ravi Uppal, MD & CEO of JSPL spoke about the results and his outlook for the company.

Story continues below Advertisement

Looking to reclaim Rs 10,000/tonne in terms of EBITDA, he said.

The newly commissioned plant at Angul is producing 5,000 tonne per day. “We will try to increase its volume. In the next two-three months we will take it to the level of about 8,000 tonne a day and by early Q4 we should try to touch its full capacity of about 10,000 tonnes,” he added.