Naveen Jindal-promoted Jindal Steel & Power has commissioned 600 mw fourth unit of Tamnar (Chhattisgarh) power project even as 1,000 Mw of its generation capacity from two earlier units are not functional due to unavailability of coal.
The coal ministry has filed a contempt petition against Jindal Steel & Power Ltd (JSPL) for recording the proceedings of the Delhi High Court during a recent hearing on its disapproved winning bid for Gare Palma-IV/2&3 blocks.
Jindal Steel and Power Limited (JSPL) – run by Congressman Naveen Jindal – today announced its commitment to the “Give it Up&" call made by Prime Minister Narendra Modi, where he had asked Indians, who can afford, to voluntarily let
It is considered auspicious for any company to be included in the National Stock Exchange's Nifty index. However, it was anything but that for DLF and Jindal Steel and Power (JSPL), which were excluded from the 50-share bluechip index last week.
The government is ready to launch the next round of coal block auctions from April, as it is facing litigation by Jindal Steel and Power Limited (JSPL), which saw its bids being cancelled in the latest round of auctions.
Shares of Jindal Steel and Power Limited (JSPL) has dipped 14% to Rs 142 on the BSE in early morning trade on media reports that the government has cancelled the two bids of the company for three blocks (Gare Palma IV/2, IV/3 and Tara).
A day after government rejected bids of JSPL and Balco in the coal auctions amid speculation of cartelisation, the steel maker on Saturday said it is "puzzled" with the decision while stating that it followed a "consistent and prudent
After two weeks of re-examination, the coal ministry did not approve bids received for three of the eight coal blocks being scrutinised, citing "comparatively low bids". Two of these were won by Jindal Steel and Power.
Kept waiting by the government on the allocation of two coal blocks for which Jindal Power emerged the winning bidder, Ravi Uppal, managing director and chief executive of Jindal Steel & Power, the holding company, has said the government should
Jindal Steel and Power Limited (JSPL) has rallied 7% to Rs 198 on BSE in otherwise weak market on reports that the Naveen Jindal-owned Jindal Power won the Tara coal block in Chhattisgarh with a bid of Rs 126 a tonne.