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    • JSPL #WontGiveItBack: Gare Palma a crucial win for co

      Amid mounting concerns over whether power companies were spreading themselves too thin while bidding for blocks in the ongoing coal auction, a subsidiary of Jindal Steel and Power pulled off a sizzling win by bagging rights to explore Gare Palma IV/2 and 3 mines in Chattisgarh at a cost of a mere Rs 108 per metric tonne.

    • How JSPL, Hindalco will fare in worst-case Coalgate penalty

      Analysts believe that the worst hit from the ruling will be Jindal Steel and Power (JSPL) and Hindalco. Yet, even after pricing in the worst-case scenarios for both companies, they do not see significant declines for their share prices, which have already taken a serious knock after the initial ruling came out.

    • JSPL to invest Rs 24,000 cr by FY15 on expansion

      "This year we have a capital expenditure target of Rs 12,000 crore for both steel and power together. Next year, it will be about Rs 11,000-12,000 crore, so it will be about Rs 24,000 crore investment in 2 years," JSPL's Managing Director and CEO Ravi Uppal told PTI.

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