Jindal Steel & Power Limited has ended FY 2021-22 on a high with the Company reporting record sales in March of 0.79 million tonne, driven by record production of 0.77 million tonne. JSPL registered an all-time high steel output of 8.01 million tonne and sales of 7.63 million tonne in the 2021-22 financial year. Exports accounted for 33% of sales. Jindal Steel and power Managing Director Mr VR Sharma said "The company has achieved its production target for FY22. We aim to produce more than 9 million tonnes in FY23. Our Angul plant expansion is on track and we expect to reach more than 15mt capacity by FY25. The Company has significantly enhanced its raw material supply after winning four new coal blocks recently. We are fully aligned with the government of India's targets to achieve carbon neutrality in the future and continue to work towards reducing our carbon emissions.”
Jindal Steel & Power Limited has ended FY 2021-22 on a high with the Company reporting record sales in March of 0.79 million tonne, driven by record production of 0.77 million tonne. JSPL registered an all-time high steel output of 8.01 million tonne and sales of 7.63 million tonne in the 2021-22 financial year. Exports accounted for 33% of sales. Jindal Steel and power Managing Director Mr VR Sharma said "The company has achieved its production target for FY22. We aim to produce more than 9 million tonnes in FY23. Our Angul plant expansion is on track and we expect to reach more than 15mt capacity by FY25. The Company has significantly enhanced its raw material supply after winning four new coal blocks recently. We are fully aligned with the government of India's targets to achieve carbon neutrality in the future and continue to work towards reducing our carbon emissions.”
