Taking cue from previous projects, RS Sharma, MD, Jindal Power does not expect the two UMPPs to deliver high return on equity. He is also miffed with the operational note that requires 90 percent availability for 40-45 years. He says bidders are attracted despite all the risks document-wise.

Disappointed with deallocation of coal blocks by govt: JSPL

According to Ravi Uppal, JSPL in the whole industry is known do projects in shortest possible time. "We are considered to be an icon and if we cannot do that you can be assured nobody else can do better than us,” he adds.

See total power capacity of 2800 MW by April'14: JSPL

Ravi Uppal, MD, Jindal Steel and Power spoke about steel price, and the business outook going forward.

JSPL lauds coal auction to pvt cos; getting many nods snag

Starting physical production of coal from mines remains one of the biggest challenges and land acquisition could be the second stumbling block, says actually starting physical production of coal from mines remains one of the biggest challenges and land acquisition could be the second stumbling block

Buyback price of Rs 261 best offer in current set-up: JSPL

Ravi Uppal, MD & CEO of JSPL believes in today‘s conditions the buyback price of Rs 261 is the best value offered. He believes in today‘s conditions the buyback price of Rs 261 is the best value offered.

JSPL is confident of going ahead with buyback plan: Uppal

In an interview with CNBC-TV18, Ravi Uppal, managing director, JSPL confirmed of having taken an in-principle node for the buyback programme. “We are confident of having the ability to go ahead with the buyback,” said Uppal.

Importing sponge iron to facilitate high production: JSPL

JSPL reported an improvement in their plant load factor (PLF) from 81 percent to 99.5 percent in fourth quarter-ended March on a quarter-on-quarter basis.

Will raise $100m via FCCB; cheer restart of mining: Guj NRE

Arun Kumar Jagatramka, MD, Gujarat NRE Coke expects the demand for coke to pick up on the removal of the ban on iron-ore mining in Karnataka. Speaking to CNBC-TV18, he adds that the company plans to raise upto USD 100 million via FCCBs to fund increase in capacity in India and meet capex requirements.

JSPL hikes steel product prices by Rs 500-Rs 1500

Jindal Steel and Power Ltd has increased steel product prices by Rs 500-Rs 1500 in April, following hike in raw material cost and some duties.

Ramchandi coal mine license critical for CTL plant: JSPL

Jindal Steel and Power today said that getting mining license for the Ramchandi coal mine located at Angul, Odisha is critical for the company‘s upcoming Coal-To-Liquid (CTL) plant.

Lack of transmission lines hampering power production: JSPL

Jindal Steel and Power has not been able to increase its power production and sales due to lack of new transmission lines, Sushil K Maroo Director & Group CFO says.

Budget 2013: Moderately pleased but more needs to be done, says JSPL

Ravi Uppal, MD, JSPL told CNBC-TV18 that the power projects have been facing several issues over the past two quarters. He expected the FM to speak more on lending rates in the Budget, as lower lending rates can further fuel investments.

No plans to list Jindal Power in near-term, says JSPL CFO

JSPL at the moment does not have any plans to list Jindal Power in the near-term, informed Sushil Maroo, Director & Group CFO of the company. He also added that they have provided all the requisite information regarding their mining operations to the Shah commission.

Expect steel consumption to rise on better demand: JSPL

Director and group CFO Sushil K Maroo said, margins in the steel division improved on the back of better product mix and its inventory rose by 4% on a quarterly basis.

CAG calculation of gains from coal blocks inaccurate: JSPL

Sushil K Maroo, Director & Group CFO of JSPL allayed the fears and stressed on the fact that their mines were on a firm footing. According to him, the CAG calculation of gains from the coal blocks was inaccurate and the CBI has so far not communicated anything to the company on the blocks mentioned in the CAG report.

Lower power realisations led to fall in Q1 margin: JSPL

In an interview with CNBC-TV18, Sushil K Maroo, Director & Group CFO of JSPL said the disappointing performance of the power division was mainly because of the fact that demand was lower and supply was higher. This weighed on power realisations and it was lower than what it should have been.

Merchant power rates to hover around Rs 4-4.25/unit: JSPL

Demand for steel has weakened, says Sushil Maroo, director and group CFO of JSPL. However, he said prices are stable because of low supply.

Merchant power rate up, but won't benefit us much: JSPL

Speaking to CNBC-TV18 from the boardroom, Sushil Maroo, director -- finance of JSPL says that he expects merchant power rate to stabilise at Rs 4-4.25 per unit going ahead. "But it won't benefit us much and is a temporary phenomenon," he says.

Power sales to improve in third, fourth quarter: JSPL

Sushil K Maroo, director of Jindal Steel & Power (JSPL), in an interview with CNBC-TV18's Udayan Mukherjee and Mitali Mukherjee, said that the power sales numbers will improve from third and fourth quarter onwards.

Draft Mining Bill: JSPL sees significant impact on profit

In an interview with CNBC-TV18, Sushil Maroo of JSPL says, the Mining Bill will significantly impact the profitability. “The bottom-line might be impacted by 7-12%,” he adds.

FY12 volume growth to see large jump: JSPL

Jindal Steel & Power Q4 consolidated net profit was up at Rs 1,002 crore versus Rs 963 crore, YoY. Its consolidated net sales were at Rs 3,848 crore versus Rs 3,182 crore, YoY. Sushil Maroo the Group CFO of the company, in an interview on CNBC-TV18 spoke about the company's earnings results and what the road ahead looked like moving forward.

Have got clearance for phase I of Raigarh project: JSPL

In an interview with CNBC-TV18, Sushil K Maroo, director and group CFO of JSPL, spoke about the latest happenings in his company and the road ahead.

Prakash Steelage mulls price hike in April

Prakash KanugoIn an interview with CNBC-TV18, Prakash Kanugo, chairman and managing director, Prakash Steelage said that the company would be looking to push up prices in the April quarter.

Jindal Power IPO likely in 3-4 months to raise Rs 7200 cr

The much awaited initial public offer (IPO) is likely to roll out in the next three to four months, said Sushil K Maroo, Director and Group CFO of Jindal Steel & Power (JSPL). The IPO is targeting to raise Rs 7200 crore.