Q4 FY16

Industry Update &

Key Performance Highlights

4th May, 2016

DISCLAIMER
This presentation may contain certain forward looking statements concerning JSPLs
future business prospects and business profitability, which are subject to a number of
risks and uncertainties and the actual results could materially differ from those in such
forward looking statements.
The risks and uncertainties relating to these statements include, but are not limited to,
risks and uncertainties regarding fluctuations in earnings, our ability to manage growth,
competition (both domestic and international), economic growth in India and the target
countries for exports, ability to attract and retain highly skilled professionals, time and
cost over runs on contracts, our ability to manage our international operations,
government policies and actions with respect to investments, fiscal deficits, regulations,
etc., interest and other fiscal costs generally prevailing in the economy. Past performance
may not be indicative of future performance. We do not undertake to update our
forward-looking statements.
This presentation is not intended, and does not, constitute or form part of any offer,
invitation or the solicitation of an offer to purchase, otherwise acquire, subscribe for, sell
or otherwise dispose of, any securities in JSPL or any of its subsidiary undertakings or
any other invitation or inducement to engage in investment activities, neither shall this
presentation nor the fact of its distribution form the basis of, or be relied on in
connection with, any contract or investment decision. Few numbers in this presentation
are purely indicative & provisional and could change later.
Analyst Presentation

PRESENTATION OUTLINE
Q4
FY16
STEEL OUTLOOK

INDUSTRY
DEVELOPMENTS

BRIEF
BACKGROUND

OPERATIONAL
PERFORMANCE

FINANCIAL
PERFORMANCE

India: Only country having positive growth rate of Crude production among Top 8
By end 2016, India is likely to overtake Japan as the second largest steel producer in the world.
Q1 (CY 15)
Q1 (CY 16)
CY 14
CY 15
Global Crude
production Rank

823

198

2.3%

#1 China

3.2%
192

804

111

27

5%

#2 Japan

3.6%

105

26

23

90

#3 India

2.6%

22.5

87

88

20

10.5%

#4 USA
Source: WSA

1.8 %

79

1.3%
19.6

The Industrial Health

Overall IIP Trend

Manufacturing
12

9.8

10.0
8.0

6.3

6.0
4.0

3.8

3.4

4.1

3.6

2.5

2.0
0.0
-2.0

Manufacturing Growth (y-o-y, %)

Mining Sec Growth (y-o-y, %)

12.0

Apr'15 May'15 Jun'15 July'15 Aug'15 Sep'15 Oct'15 Nov'15 Dec'15 Jan'16 Feb'16
-1.26 -1.5

-4.0

10.6

10
8
6

6.9
4.2

2.2

2.6

5.4

4.7

0.7

0
-2
-2.4

-4
-6

-3.2

-2.8

-4.4

Mining

Electricity

3.8

0
-1

2.8

4.7

1.3

1.2

0.6
2.3

2.9

Electricity Sec Growth (y-o-y, %)

Mining Sec Growth (y-o-y, %)

11.4

12

9.6

10
8

6.6

5.6

3.5

4
1.3

3.2
0.7

0
-2

-0.5

Apr'15 May'15 Jun'15 July'15 Aug'15 Sep'15 Oct'15 Nov'15 Dec'15 Jan'16 Feb'16
-0.5

Green Shoots for Steel Industry

Indias per capita steel consumption of 59.4Kg, is way below world avg
of 217 Kg in 2014.

Domestic Steel Demand Increasing during April-Feb 16

Finished Steel: Consumption stood at 73 mt, a growth of 4.6% (y-o-y)
Fall in Imports post February due to MIP & rising international prices (10 mln
MT imported till Feb)

Increased Domestic Raw material availability :

Iron Ore availability increased by 20% to estimated 155 Mt in FY 15-16
More then 62 Mt additional Iron ore mining capacity came up in FY 15-16.
Coal (from CIL & SCCL) availability increased by 9% (50Mt) to 597 Mt in FY
15-16
Governments Construction & Infrastructure led Growth Model:
Steel is central to the idea of Urbanisation which is the focus of all programmes
announced by the Government of India

Union Budget 2016-17: Govt. to spend Rs 2,18,000 Crores on roads,

railways
6

How the Indian Steel Industry fared during April 15-Feb16

FY 16

(Qty :million MT)

Production: Crude Steel
Finished Steel (Non Alloy+Alloy)
Import
Export
Real Consumption

March '16

Qty

change
(y-o-y)

Qty

change
(m-o-m)

89.8

0.9%

8.059

8%

11.7
4.08
80.5

25.7%
(27)%
4.6%

0.997
0.350
8.143

9.3%
15.9%
23.7%

Crude production marginally increased by 1% during FY 16

Finished Steel Demand :
o
o

April March 16 : Indias Consumption of finished steel grow by 4.6 % (y-o-y)

While steel demand increases by 24% During March 16 (m-o-m)

Imports :
o

April March 16: increased by 20.4 % (y-o-y),

Exports :
o
Source: JPC

April March 16: Exports down by 32 % (y-o-y),

PRESENTATION OUTLINE
STEEL OUTLOOK

Q4
FY16
INDUSTRY
DEVELOPMENTS

BRIEF
BACKGROUND

OPERATIONAL
PERFORMANCE

FINANCIAL
PERFORMANCE

INDUSTRY UPDATE
STEEL SECTOR

Domestic Iron Ore Prices depicted a declining trend in FY 15-16

However prices firmed up during Q4 FY 16
Iron Ore Lump Prices

Iron Ore Fines Prices

Odishas 10-30mm lumps prices decreased by

- 55% since Apr15 (from Rs.4800 to Rs.2300 /MT)

Odishas iron ore fines prices decreased by

- 28% since Apr15 (from Rs.1800 to 1300/MT)

Chhattisgarhs 10-40 mm lumps prices decreased by

- 38% since Apr15 (from 4040 to 2520/MT)

Chhattisgarhs iron ore fines prices decreased by

- 27% since Apr15 (from Rs. 2546 to Rs. 1860/MT)

5200
4800
4575
Price in Rs/t (ex-mines)

4400
4000
3600

4500

Odisha BF Lumps (10-30mm,

Fe 62- 63%)

4300
3840

4040
3840

3840
3840

3200
2800
2400
2000

1600

Source: Steel Mint

3130
2900
2800 2800
2520
2215 2180
2250
2200
2200 2300

3000
Chhattisgarh Fines (0-10 mm, Fe
64%)

2700
Price in Rs/t (ex-mines)

4800

Odisha Fines (0-10 mm, Fe 63%)

Chhattisgarh DR CLO (1040mm, Fe 65.5%)

2546
2400
2243
2100
1960
1800
1500

1800
1660 1660 1660

1650
1600

1525

1560
1600

1430

1200

1860
1560 1710
1560
1450
1300

1300

900

Odishas ex-mines prices incl royalty excl DMF, Chhattisgarhs ex-mines prices exclude royalty
10

International Raw Material Prices ($ / MT)

International Coking Coal Prices
increased by 5% since Apr15

Iron Ore Fines (Fe 62% CFR China)

increased by 27% since Apr15
International Iron Ore Fine Prices (Fe 62%)

Premium Low Volatile Hard Coking Coal Prices

80

93

90
78

80
70

Prices (USD/t) CFR N.China

98

100

70
60

50

1-Apr-16

1-Mar-16

1-Jan-16

1-Dec-15

1-Nov-15

1-Oct-15

1-Sep-15

1-Aug-15

1-Jul-15

20

1-Jun-15

50
1-May-15

30

1-Apr-15

63

50

60

Prices ($/t) FOB Australia

Prices ($/t) CFR N.China, delivered at Tianjin port
Source: Platts

55

60

40

74

1-Feb-16

Prices in USD/t ( FOB Aus,)

110

39

11

INDUSTRY UPDATE
POWER SECTOR

12

Industry Update - Coal & Power

Coal
Production

Coal India supplied 408 MT of fuel to the power sector in 2015-16, up 6% over the previous year
CILs Overall coal production was 535MT (growth of 8.6%) against a target of 550MT
Sluggish demand has resulted in piling up of coal stock at nearly 58MT

Coal Imports

India imported 182MT in 2015-16, down 16% from 216MT in the previous year, saving Rs 28,000
Cr in foreign exchange

Long Term
Coal Linkage

MoU with power companies for coal linkage which expired on March 31, will not be extended
beyond June 3016. And plants need to procure coal through process of special forward e-auction
of coal for power sector
A new policy might be formulated by MoC, GoI to allocate coal linkages to States and DISCOMS,
and they could invite tariff based bidding on the allocated linkage.

UMPP
Revised
Documents

The Union Cabinet is likely to give green signal soon to standard bid document which will facilitate
auctioning of domestic coal-based four or five Ultra Mega Power Projects, entailing an investment
of Rs 30,000 Cr each.

Installed Capacity in India

(Mar 2016)

Installed Capacity (GW) in India

268 GW in
FY15

Renewables
14%

298.1

210.7

42.8

Hydro
15%

Thermal
69%

38.8

5.8
Thermal

Nuclear

Installed Capacity
Portfolio

Nuclear
2%

Hydro

Renewables

Total

Generation Capacity Addition in MWs Y-o-Y

Wind 26.4

Renewables (GW) Portfolio

6.25% Increase

23976

22566
FY 15
Source: CEA

FY 16

Solar 6.8

Bio Mass
4.9

Small
Hydro 4.3

Growth of Renewables in India

Small Hydro

MW
40000
35000
30000
25000
20000
15000
10000
5000
0

Biomass

Solar

Wind
4055

3411
2605

2913

3135
941

3643

4014

3601
1686

2632

4419

4943

3744

6763

26769

6
10648

32
12807

16897

18485

21136

23444

2010

2011

2012

2013

2014

2015

RES Type

% CAGR since 2012

WIND

12 %

SOLAR

63 %

BIOMASS

12 %

SMALL HYDRO

5.7 %

Source: CEA

3804

4274

2016

WIND

SOLAR

Target for 2022

60 GW

100 GW

Target for
FY 16

2.4 GW

1.4 GW

Additions in
FY 16

3.4 GW

3.08 GW

Changing Generation Mix

Capacity Additions 2015 Vs 2016

2015 (MW)

Solar 1112

2016 (MW)

Wind 2308

Wind 3414

Solar 3018

Thermal,
20830

Thermal,
22460

Transmission Sector

Generation Capacity (GW)

Tr (1000 Kms)- 66kV and above

Gen Growth

Tr. Growth

600
500

60.00%

Transmission Network growth has not

kept pace with Growth in the Installed
Generation Capacity

51.0%

49.2%
50.00%

400

40.00%

300

24%

25.9%
22.5%

27.2%

200

17.9%

19.5%

30.00%

21.6%
17.8%

100

10.00%

0.00%

Mar 1992

Source: CEA

20.00%

Mar 1997

Mar 2002

Mar 2007

Mar 2012

Mar 2016

Major Highlights (Mar 2016)

Imported Coal as % of Total Requirement

CIL Production in Million Tonnes

8.6 % Increase

FY 16
535

494
FY 15

FY 16

A. Imported (MT)

185

B. Domestic (MT)

680

% Ratio - A/(A+B)

21.3 %

Electricity Generation in BUs

5.6 % Increase Y-o-Y
1107.0
1048.0
FY 15
Source: CEA

FY 16

Energy Deficit
0.0%
-0.5%
-1.0%
-1.5%
-2.0%
-2.5%
-3.0%
-3.5%
-4.0%

-2.1%

Peak Deficit

-1.5%

-1.7%
-3.4%

Mar-15

Mar-16

Transmission & Distribution

35%
30%
25%
20%
15%
10%
5%
0%

All India T&D Losses (in %)

30.4%

2005-06

28.7%

27.2%

2006-07

2007-08

25.4%

25.0%

2008-09

2009-10

T&D Losses Comparison (FY12 )

8.9%

6.5%

24.0%

23.7%

23.0%

21.5%

20.8%

2010-11

2011-12

2012-13

2013-14*

2014-15*

Transmission Lines Added (C-Kms)

27% Increase

16.6%

20.8%

Provisional Data

6.7%

8.3%
4.5%

3.5%

22101

FY 15
Source: CEA

28114

FY 16

Capacity Additions and Reducing % PLF

Fall in PLF is majorly due to inefficient State Utilities

Central

State

Private

80%
76%

75%

60%

59%
40%

64%
55%

55%

20%

0%

Mar-2015

350
300
250
200
150
100
50
0
Source: CEA

Mar-2016
Total Capacity

INSTALLED CAPACITY (GWs) vs PLF (%)

% PLF
100%
80%

77%

78%

75%

73%

70%

66%

66%

60%
62%

149

160

174

200

224

245

272

298

2009

2010

2011

2012

2013

2014

2015

2016

40%
20%
0%

PRESENTATION OUTLINE
Q4
FY16
STEEL OUTLOOK

INDUSTRY
DEVELOPMENTS

BRIEF
BACKGROUND

OPERATIONAL
PERFORMANCE

FINANCIAL
PERFORMANCE

21

Business Segments
Steel

Mines &
Minerals

Power

Global
Ventures

Construction
Material &
Solution

Current Capacities Domestic & Global

IPP 3400** MW
CPP 1649 MW
4.75 MTPA Steel*
Renewable 24 MW

3.11 MTPA*

Domestic
**Includes 600 MW - synchronized & will be commissioned in FY16

2 MTPA Steel
6.25 MTPA Mines

Cement
Road solutions
LGS

Copyright @ 2015 Jindal Steel & Power Limited

22

Steel Capacities across Life Cycle

Iron Making

Liquid Steel

Finished Steel

(6.75 MTPA)

(6.75 MTPA)

(6.55 MTPA)
WRM 0.60 MTPA

DRI 3.12
MTPA in
Capacity
deail

BF 2.13 MTPA

RUBM 0.75 MTPA

SMS 6.75 MTPA

MLSM 0.60 MTPA

Plate Mill 2.20 MTPA

HBI 1.50 MTPA

BRM 2.4 MTPA

BRM in Angul 1.4* - Commissioning in 1QFY17

** To be commissioned

Effective Finished Steel 8.05 MTPA

Copyright @ 2015 Jindal Steel & Power Limited

23

Detailed plant wise capacities

Raigarh

Angul

Barbil

Patratu

(Chhattisgarh)

(Odisha)

(Odisha)

(Jharkhand)

BF 1.67
MTPA
DRI 1.32
MTPA
SMS
3.25MTPA

CGP
225,000
Nm3/Hr

DRI 1.8 in
Capacity
MTPA
deail

Plate Mill
1.00 MTPA

SMS 1.5
MTPA

RUBM 0.75
MTPA
MLSM 0.60
MTPA
CPP 839
MW

WRM
0.60
MTPA
Pellet
Plant

Rebar
Mill 1.0
MTPA

CPP 810
MW

Power

Hot Metal

SMS 2.0
MTPA

JPL

Mining

Tamnar
2800
MW

Iron Ore
3.11
MTPA

600
MW*

Coal
Overseas
6.20
MTPA

HBI 1.5
MTPA

9 MTPA
Plate Mill
1.2 MTPA

Oman

BRM 1.4
MTPA

Liquid Steel

Finished Steel

** To be commissioned

Copyright @ 2015 Jindal Steel & Power Limited

24

JSPL diversifies into Value added products will boost EBITDA margins

Cement

Cut & Bend

EPS Panels

Welded Mesh

Road Stabilizer

LGS

Speed Floor

Bricks & Pavers

LWA

25

JSPL - Power Capacities

Independent Power Projects (IPP)
Project
Tamnar 1(a)

Tamnar 2(a)

Satara (b)

Capacity
(MW)

Fuel

Configurati
Status
on

1,000

Coal

4x250 MW Operational

2,400

Coal

1,800 MW
operational,
4x600 MW
balance 600 MW
synchronized

24

Wind

18x1.5 MW Operational

Captive power projects (within JSPL)

Raigarh
Tamnar
Angul

Project

Capacity
(MW)

Fuel

Configuration

Status

Satara

DCPP, Raigarh
IPP

540

Coal

JSPL, Raigarh

299

Coal &
waste
heat

Angul, Odisha

810

Coal

CPP

4x135 MW

Operational

2x25 MW & 40 MW
(Waste heat)
2x55 MW
3x25 MW
24 MW

Operational

6 x135 MW

Operational

One of the largest thermal portfolios in India

(a) Within JPL; (b) Within JSPL

Copyright @ 2015 Jindal Steel & Power Limited 26

JINDAL POWER LIMITED

96.43% subsidiary of JSPL

EUP -I

EUP -II

EUP -III

1000MW (4 X 250)

1200MW (2 X 600)

1200MW (2 X 600*)

*600 MW Synchronized, Await Commissioning

27

Key Contractual Arrangements for JPL

Tamnar-I, 1,000 MW (EUP I)
Awaiting clarity on Tara

Coal Block
FSA

In the interim, coal

sourced through market

purchase and e-auction

Tamnar-II - 1,200 MW (EUP II)

Tamnar-II - 1,200 MW (EUP III)

Awaiting clarity on Gare

Long term linkage from

Mahanadi Coal Limited

(MCL) and South Eastern
Coalfields Limited (SECL)

Palma IV/2 & 3 Coal mine

Market purchase and e-

auction

TNEB 400MW
Bilateral/short term/

PPA

merchant

CSEB 60MW

CSEB 60MW

KSEB 200MW
KSEB 150MW

258km transmission line

Evacuation

from plant to national grid

Full Open access for 400MW

TNEB PPA commenced from

Oct 2015

Open access to be finalised

against PPAs

Raw materials, transmission & PPAs in place for achieving higher PLF
(a)

Excluding auxiliary consumption

Copyright @ 2015 Jindal Steel & Power Limited 28

PPA Arrangements
Period

Project
Tamnar II
(Phase 1)
Tamnar II
(Phase 1)

Tamnar II
(Phase 1)

Buyer
Tamil Nadu

Type

From

To

Long Term

Feb-14

Sep-28

400

Long Term

Jun-16

May-41

200

Long Term

Oct-17

Sep-42

150

KSEB

Tamnar II
(Phase 1)

Long Term

After commercial
operation of Unit and for
complete life of plant

60

Long Term

After commercial
operation of Unit and for
complete life of plant

60

Chhattisgarh
Tamnar II
(Phase 2)

Quantum
(MW)

Over 30% of total capacity tied up *

* Out of 3400 MW (IPP)

Copyright @ 2015 Jindal Steel & Power Limited 29

Upcoming PPAs
Type

Procurer

Quantum (MW)

Schedule delivery Tenure (years)

Uttar Pradesh

Long Term

2,800

Oct-16

15

Bihar

Long Term

500

3 year after
submission of RFP

NA

Uttar Pradesh

Long Term

1,000

Oct-16

15

JPL - Well placed on account of low capital cost base

Copyright @ 2015 Jindal Steel & Power Limited 30

Upcoming Transmission Infrastructure

350 MW KSEB PPA, transmission corridor

is expected from Jun-16

Kurukshetra

NR
Agra

Jaipur

3000 MW
+ 3000
MW

Gorakhp
ur
Vanara
si
Barh

Gwalior

Long term access from WR to NR granted

for 557 MW is expected to be available by
Jun-16 upon commissioning of Champa
Kurukshetra HVDC link (3,000 MW). This
will be useful for power sale to UP

No constraint in power evacuation to

Western and Eastern Region entities
including Bangladesh, where we have
participated for 250 MW power supply

Bishwanath Charali

Orai
Rapp
C&D
Chittorgarh

Rihan
d

Gaya

NE R

ER

DharamjaigarhOct1
5

Banaskantha

Vidhyanchal
Shujalpu
r`

Jabalpur Champa
Wardha
Warora

WR

Ranc
hi
Jharsugu
da Ang
Raigarh P.S
ul

Kolhapur
Nizamabad
Srikakulam
Warangal

Narendra

S
R
6000
MW

Tamnar II (Phase 1):

Legends:
400 kV D/C Line
765 kV D/C Line
765 kV S/C Line
800 kV HVDC Line

Pugalur

Transmission constraints expected to be resolved in the near term

Copyright @ 2015 Jindal Steel & Power Limited 31

Summary of International Operations

Shadeed, Oman

1.5 MT HBI & 2 MT SMS Plant

plans to make it an Integrated
Steel Plant

Mozambique,
Africa

Developing a coal mine

(3 MTPA) in
Mozambiques coal-rich
Moatize region

Coal resources
estimated at 1.2 bn
tonnes including coking
coal

Australia

South Africa, Africa

JSPLs Kiepersol Colliery produces Anthracite
coal, sold domestically and internationally Plans
to ramp up capacity

Acquired 82.04% controlling

stake in Wollongong Coal
(Erstwhile Gujarat NRE coking
coal Limited)

Copyright @ 2015 Jindal Steel & Power Limited 32

Holding structure for global operations

Jindal Steel & Power Ltd
Listed Operating Entity in India

Jindal Steel & Power (Mauritius) Ltd

Holding company for overseas business

Oman
2 MTPA Steel plant

Australia
Coking Coal

South Africa
Anthracite Coal

Mozambique
Thermal/ Coking Coal

Copyright @ 2015 Jindal Steel & Power Limited 33

Jindal Shadeed Iron & Steel, Oman

Marching towards becoming a Fully Integrated Steel Plant

1.5 HBI

2 MTPA SMS

1.4 MTPA Rolling Mill

(Commercial Production 1QFY17)
Copyright @ 2015 Jindal Steel & Power Limited

34

Salient Features
First & Largest Integrated steel plant of Oman
Third largest in Arabian Peninsula
Port based steel plant
Largest Arc furnace in Arabian Peninsula, with contracted natural gas
Worlds Best Performing Midrex plant (category 1.5MTPA)

Products : HBI, Blooms & Billets

Copyright @ 2015 Jindal Steel & Power Limited

35

In July 2010, JSPL acquired Shadeed Iron & Steel Co. LLC
Gas-based 1.5 MTPA HBI plant
commenced production in
January 2011

Commissioned SMS of 2 MTPA

in April 2014

1.4 MTPA Rebar to be

commissioned in 4QFY16

Copyright @ 2015 Jindal Steel & Power Limited

36

Rolling Mill

1.4 MTPA Rebar Mill

Total Project Cost: Around USD 225 million

Expected commercial production in 1Q FY 2017

37

PRESENTATION OUTLINE
Q4
FY16
STEEL OUTLOOK

INDUSTRY
DEVELOPMENTS

BRIEF
BACKGROUND

Analyst Presentation

OPERATIONAL
PERFORMANCE

FINANCIAL
PERFORMANCE

38

Q4 FY 15-16 Performance highlights

JSPL achieves record domestic Sales of over 1.0 million MT in Q4

registering 37% growth q-o-q
10% growth in Domestic Steel Production in Q4 y-o-y (0.97
million MT in Q4 FY 15-16 vs 0.88 million MT in Q4 FY14-15)
Pellet Sales in Q4 Quadruples y-o-y

1.4 MTPA Rebar mill commissioned in Oman

1.2 MTPA plate mill in Raigarh upgraded

39

Consolidated Steel Production

1.40

1.40
1.20

1.10

1.03

1.07
0.35

0.18

0.29

0.85

0.85

0.78

1QFY16

2QFY16

3QFY16

1.00
0.80
0.60
0.40

0.97

0.20
0.00
JSPL Domestic

4QFY16

Jindal Shadeed

Total Steel Production up 23%*

*Quarter on Quarter

Copyright @ 2015 Jindal Steel & Power Limited 40

Consolidated Steel Sales Volumes

1.40

1.50

1.07

1.00
0.50

0.97

0.99

0.19

0.25

0.82

0.78

0.74

1QFY16

2QFY16

3QFY16

0.4

0.00

JSPL

4QFY16

Jindal Shadeed

Total Steel Sales volumes up 42%*

*Quarter on Quarter

Copyright @ 2015 Jindal Steel & Power Limited 41

Key Customers & Adding

42

PRESENTATION OUTLINE
Q4
FY16
STEEL OUTLOOK

INDUSTRY
DEVELOPMENTS

BRIEF
BACKGROUND

Analyst Presentation

OPERATIONAL
PERFORMANCE

FINANCIAL
PERFORMANCE

43

Standalone Q4 FY 16 Snapshot of Key Financials

44

Standalone FY 16 Snapshot of Key Financials

45

Consolidated Q4 FY 16 Snapshot of Key Financials

46

Consolidated FY 16 Snapshot of Key Financials

47

JPL Snapshot of Key Financials

48

Focus for FY17

Capacity Utilization

Financial Prudence

Copyright @ 2015 Jindal Steel & Power Limited 49

Key Priorities & Focus Areas

Sweat the Assets Achieve 100% Capacity utilization

Continued cost reduction campaign

Completion of Angul Phase 1B
Divest / Monetize non core / non performing assets

Reduce Debt
Renewed thrust on exports
Focus on Value Added Products

High Value added product development at Angul plate mill

Reduce Working capital
Diversify into High Rise building segment and Low cost housing segment & offer

complete package of Steel and Construction material

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Snapshots from JSPL

Analyst Presentation

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Jindal Shadeed, Oman

Jindal Shadeed, Oman

Jindal Shadeed, Oman

Jindal Shadeed, Oman

Jindal Shadeed, Oman

JSPL Raigarh (NEOF)

JSPL Raigarh (NEOF)

JSPL Raigarh
(Upgraded Plate Mill)

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Jindal Structures being used at building in BKC, Mumbai

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For any information please contact: Mr. Nishant Baranwal Investor Relations
Tel : +91 11-26739178
Mobile:+91 8800690255
Email: - nishant.baranwal@jindalsteel.com

Analyst Presentation

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THANK YOU

Analyst Presentation

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