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Jindal Steel & Power Limited 1 Investor Presentation Citi India Infra Trip – 3 rd April, New Delhi

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Page 1: Investor Presentation Citi India Infra Trip 3rd April, New ... · PDF fileInvestor Presentation Citi India Infra Trip ... JSW Steel/ JSW Energy ... fellowship from International Project

Jindal Steel & Power Limited 1

Investor Presentation Citi India Infra Trip – 3rd April, New Delhi

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Jindal Steel & Power Limited - Face of Youthful Dynamism

Jindal Steel & Power Limited 2

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Jindal Steel & Power Limited 3

Ownership structure

Shareholding pattern (as on Dec 31, 2013) Key external shareholders

Shareholder name % held

HSBC Global Investment Funds 2.45

Morgan Stanley Asia (Singapore) PTE 2.20

Lazard Asset Management LLC 1.91

Other institutions 20.11

O P Jindal Group

Founded in 1952 US$18bn conglomerate Multi-national and multi-product steel conglomerate with business interests spanning across mining, power, industrial gases, ports and petroleum

Jindal Saw Mr. P.R. Jindal

JSL Limited Mr. Ratan Jindal

JSW Steel/ JSW Energy Mr. Sajjan Jindal

Jindal Steel & Power Mr. Naveen Jindal

Source: NSE

Promoter Group60%

Institutions

27%

Others13%

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Jindal Steel & Power Limited 4

Industry veterans holding the top managerial positions

Mr. Naveen Jindal – Chairman

Member of Parliament; former Minister for Power in the government of Haryana

Ranked amongst the Asia’s 25 Hottest People in Business by the Fortune Asia magazine for turning a struggling steel company into one of Asia’s blue-chip giants

India’s Best CEO by the BT-INSEAD-HBR Study of the top value creators for the period 1995 to 2011 by the Business Today

Featured among the top ten of India Inc's Most Powerful CEOs 2011 by IMRB survey for Economic Times-Corporate Dossier

Conferred with the Ernst and Young Entrepreneur of the Year Award 2010 in the field of Energy and Infrastructure

Management graduate from the University of Texas at Dallas, USA

Mr. Ravi Uppal – Managing Director & CEO

>36 years of experience in eng. and infrastructure

Previously whole-time Director and President & CEO – L&T Group. Also held senior positions at ABB and Volvo

Advanced MBA from Wharton, MBA from IIM Ahmedabad, and B.Tech. from IIT Delhi

Mr. K Raja Gopal – Director & Group CFO

Over 31 years of experience out of which about 21 years has been with ABB

Chartered Account from the Institute of Chartered Accountants of India

Mr. Anand Goel – Chief Advisor

>36 years of experience with the O.P. Jindal Group

Master's Degree in Business Administration from BITS, Pilani

Member of the National Steel & National Mining committees of FICCI and National Mining Committee of CII

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Jindal Steel & Power Limited 5

Industry veterans holding the top managerial positions

Mr. Subrat Ratho– MD, CTL & Head of Odisha operations

Previously Managing Director of Maharashtra State Power Generation Company Ltd. and Mahaguj Collieries Ltd.

Managing Director of the Maharashtra State Electricity Transmission Company Ltd. and the MSEB Holding Company Ltd

Joined IAS in 1986

Mr. V K Mehta

Over 36 years of experience in marketing

Previously, he was working with SAIL, Kolkata as its Executive Director, Marketing and was also on the Board of Directors of Mjunction and SAIL-SCI Shipping Co.

Mr. R S Sharma – Managing Director & CEO, JPL

Over 39 years of experience in the power sector

Previously he was the Chairman and Managing Director, NTPC Limited

He has been honoured with several awards including honorary fellowship from International Project Management Association, fellowship of World Academy of Productivity Science

Mr. Jayant Kawale – Managing Director – Hydro & Renewables

Over 28 years in administration in various functional fields both at State and Central Government levels

Worked as Joint Secretary (Hydro) in Government of India

Drafted the current Hydro Power Policy of 2008 and has served on the Boards of all hydro PSUs of Government of India

Mr. V.R. Sharma – Dy. Managing Director & CEO (Steel & Cement)

Experience of 27 years globally in the Steel industry with various organizations

Previously Jt. MD at Bhushan Power & Steel and Executive Director (Corporate) at Ispat Industries

BE (Mechanical) and MBA (Marketing) from the UK

Mr. Rajeev Bhadauria – Director Group HR

>28 years as a HR professional across Public and Private sectors

Previously Regional HR head – NTPC and President HR – Reliance ADA Group

Post Graduate in Industrial Relations from the Power Management Institute, NTPC and LLB from Allahabad University

Mr. Rajesh Bhatia – CEO Global Ventures

Over 20 years of experience in the field of Finance, Accounts, Taxation, Administration and Commercial

Played an important role in JSPL's overseas acquisitions in Australia, Indonesia, South Africa, Mozambique, Madagascar, Mongolia & Oman, apart from arranging financing for greenfield expansion in Orissa and Jharkhand in India.

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Jindal Steel & Power Limited 6

Moving towards Plural Leadership

Strategic Governance

Structure

Group Executive Committee

Core Management Team

Senior Management Committee

Operational Governance

Structure

ManCo For each Business

Business Segments

Steel & Cement

Power

CTL

Global Ventures

UniCo For each Location

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Jindal Steel & Power Limited 7

JSPL at a glance

Steel &

Cement Power Mines &

Minerals

Business segments

Steel: 3MTPA Hot Briquetted

Iron: 1.5MTPA Pellet Plant: 4.5

MTPA

Operational: 2,437MW

Iron ore: 2 MTPA

Coal: 13 MTPA

Jindal Steel & Power Limited (JSPL) is a major player in steel, power and mining

Captive coal mines -Dongamahua and Tamnar (Chhattisgarh)

Iron ore mine - Tensa, Odisha and Iron ore pelletisation plant at Barbil, Odisha

Also present in Asia, Africa, Australia and Europe

Revenues of US$3.60bn and cash profits of US$0.84bn (FY Mar’13)

Global Venture

Asia Africa Australia Europe Current Capacity

Capacity as on 31st March 2014

Steel: 8.25 MTPA

Pellet Plant: 9.0 MTPA

Operational: 3907 MW

Iron ore: 2 MTPA

Coal: 19 MTPA

Asia Africa Australia Europe

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Jindal Steel & Power Limited 8

Overview of Existing Capacities - Steel and Power

Raigarh Angul Patratu Barbil

Operational

Raipur

Steel : 3 MT

Power: 897 MW

Under implementation

Plate Mill: 1.5MT

SMS Plant: 2.5 MT

Power: 810 MW

DRI : 1.8 MT

Wire Rod: 0.6MT

Bar Mill: 1.0MT

Power: 1,320 MW

Pelletization Plant:

4.5MT

Pelletization Plant:

4.5MT

Machinery & Castings:

11,500 T

Ingots: 30,000 T

CF Castings: 3,000 T

Oman

Phase 1: SMS Plant :

2MTPA

HBI Plant: 1.6 MTPA

Up gradation of existing

facilities from 3 MT to

3.50 MT.

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Jindal Steel & Power Limited 9

Expansion Plans - Steel and Power

3.00 3.75 3.75 3.75

2.50 2.50

6.50 2.00 2.00

2.00

0.00

2.00

4.00

6.00

8.00

10.00

12.00

14.00

3.00 8.25 8.25 12.25

Existing Q 4, FY 14 FY 15 FY 16

MTPA

Oman

Angul

Raigarh4.50 4.50 4.50 4.50

4.50 4.50 4.50

0.00

2.00

4.00

6.00

8.00

10.00

4.50 9.00 9.00 9.00

Existing Q 4, FY 14 FY 15 FY 16

Pellet(MTPA)

Pellet-II

Pellet-I

1000 1000 1000 1000

1200 1200 1200

1200 1200

0

500

1000

1500

2000

2500

3000

3500

4000

1000 2800 3400 3400

Existing Q 4, FY 14 FY 15 FY 16

2x600 MW-Phase II

2x600 MW-Phase I

4x250 MW

POWER -JPL

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Jindal Steel & Power Limited 10

Overview of Raw Material Sourcing - Steel

Raigarh: 3 MTPA

Steel Plant

Thermal Coal: Gare IV / 1

Iron Ore: Tensa Mine & Pellet

from Barbil

Coking Coal: External

Angull:2.5 MTPA

Steel Plant

Thermal Coal: Utkal B1

Iron Ore: Pellet from Barbil

Coking Coal: NA

Barbil: 9 MTPA Pellet Plant

Thermal Coal: NA

Iron Ore: External

Coking Coal: NA

Oman: 2 MTPA

Steel Plant

Natural Gas: MoU with Govt of

Oman.

Pellet: External

Coking Coal: NA

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Jindal Steel & Power Limited 11

Name (Size) Type Source Of Raw Material

Operational

Tamnar I (1,000 MW) Thermal Captive Mine - Gare IV / 2 & 3

Under Implementation Projects

Tamnar II (1,200 MW) Thermal Linkage

Tamnar II (1,200 MW) Thermal Applied for Linkage

Godda (1,320 MW) Thermal Captive Mine –Jitpur Mine

Hydro (6100 MW) Hydro Run Of The River

Overview of Raw Material Sourcing - Power

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12 Jindal Steel & Power Limited 12

Mines - Overview

Tensa Orissa 3.11MT Raigarh Steel

Jeraldaburu Jharkand - Asanboni Steel

Gare IV / 1 Chhattisgarh 6 MT Raigarh DRI & Captive Power PlantGare IV / 2 & 3 (JPL) Chhattisgarh 6.25MT JPL Power

Utkal B 1 Orissa 5.5MT DRI at Angul & Captive Power PlantGare IV / 6 Chhattisgarh 4 MT Raigarh Steel & CPPJitpur Jharkand 2.5MT JSPL's CPP at GoddaUrtan North* M.P. 0.6 MT Raigarh Steel Amarkonda* Jharkhand - Power plant at Patratu and DumkaRamchandi (CTL)* Orissa - Coal to Liquid & CPP based on Middlings

For Existing Operations

For Future Expansion

For Existing Operations

For Future Expansion

Wollongong coal Limited, Australia

Indonesia Under DevelopmentBotswana Under Development

Under Operation

* Stay obtained from HC against De-allocation by MOC .

Overseas Coal

South Africa Under OperationMozambique Under Operation

Mine State

Annual extraction

(Approved capacity as

per mine plan)

End Use at

Domestic Iron Ore

Domestic Coal

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Steel Segment

Jindal Steel & Power Limited 13

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Jindal Steel & Power Limited 14

Product range

Angles and Channels

Fabricated Structures

Hot Rolled Plates and Coils

Parallel Flange Beams

Rails TMT Rebars Wire Rods Power

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Jindal Steel & Power Limited 15

Performance Highlights –FY 14

• 10.8% growth in Production volume (Q o Q)

• Improvement in Steel prices (4% UP Q o Q)

• Retail Sales register 78% growth (Q o Q)

• Reduction of receivables and Inventory.

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16 Jindal Steel & Power Limited

Production , Sales and NSR.

7.7

6.9

7.7 7.9

7.1 7.4

8.2

6.0

6.5

7.0

7.5

8.0

8.5

Q1 Q2 Q3 Q4

Production of Crude Steel (in Lakh MT)

FY 13 FY 14

6.3 6.8 7.9

9.7

7.2 8.0 8.1

-

2.0

4.0

6.0

8.0

10.0

12.0

Q1 Q2 Q3 Q4

Total Sales (in Lakh MT)

FY13 FY14

Production volume

Sales volume

NSR

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Jindal Steel & Power Limited 17

Export Sales – FY 14

19

104

140

263

119 138 150

406

0

50

100

150

200

250

300

350

400

450

Q1 Q2 Q3 TOTAL

FY - 2012-13 FY - 2013-14

7% growth in Export Sales in Q3 (Q o Q)

54% growth in Export Sales in FY 14 (Y o Y)

In MT

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18 Jindal Steel & Power Limited

Launch of Panther Brand on 5th August (National Event Organized)

Launch of Brand in every state being carried out. Jaipur, Raipur, Kolkatta, Guwahati already covered

Launch events in November: Hisar, Patna, Varanasi, Ranchi

731 Hoardings installed

450 Shop boards installed across country. More underway

Over 41 distributors and 1000 retail outlets

Training sessions for Distributors & Dealers being organized across country

Launch of Panther TMT Bars Brand

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Jindal Steel & Power Limited 19

Retail Volume Growth – FY 14

682

3,534

7,359

17,845 17,092

19,832

35,315

-

5,000

10,000

15,000

20,000

25,000

30,000

35,000

40,000

Q1 FY 13 Q2 FY 13 Q3 FY 13 Q4 FY 13 Q1 FY 14 Q2 FY 14 Q3 FY 14

78% Growth in Sales Q o Q Basis

5 times growth on Y o Y Basis

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Jindal Steel & Power Limited 20

How JSPL and the peers fared….

Indian Price Trend

Source: BI - JSPL

0

1000

2000

3000

4000

5000

6000

7000

8000

JSPL SAIL TATA JSW ESSAR RINL

Flat Product Sales (MT) - (Apr - Dec)

9m FY 12-13 9m FY13-14

JSPL registered 15% growth in Flat product sales

Sail grew by 9% TATA grew by 38% JSW grew by 13% Essar declined by 16%

JSPL emerged the front runner in Long Product Sales

JSPL - 10% growth Sail grew by 5% TATA declined by 7% JSW grew by 6% RINL grew by 7%

0

1000

2000

3000

4000

JSPL SAIL TATA JSW ESSAR RINL

Long Product Sales (MT) - (Apr - Dec)

9m FY 12-13 9m FY13-14

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Power Segment

Jindal Steel & Power Limited 21

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Jindal Steel & Power Limited 22

Jindal Power limited (JPL)

96.43% subsidiary of JSPL

Existing Units 4 X 250 MW Sub Critical Thermal IPP (1000 MW)

Under Implementation 4 X 600 MW Sub Critical Thermal IPP (2400 MW)

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23 Jindal Steel & Power Limited

JPL financials

Particulars Net Sales(Cr.) PAT (Cr.) Generation (MU)

PLF

For the Quarter

3rd Qtr. 2012-13 595 267 2116 96%

2nd Qtr. 2013-14 654 301 2099 95%

1st Qtr. 2013-14 636 321 2184 100%

For the Year

Year 2011-12 2980 1765 8589 98%

Year 2010-11 3338 2002 8598 98%

Year 2009-10 3922 2319 8148 93%

Year 2008-09 3257 1582 6368 79%

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24 Jindal Steel & Power Limited

JPL Performance Highlights – FY 14

• Declared available for commercial operation (COD) Unit 1 and 2 of 600 MW

in March, 2014.

• Commissioning activity completed in record time of 28 months – a new benchmark in the power sector in India.

• Enhanced its operating capacity from 1000 MW to 2200 MW.

• Synchronization done for Unit 3 of 600 MW.

• On course to complete the expansion activity in H1 of FY 15.

• Total Capacity will increase to 3400 by FY 15

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Global Ventures Segment

Jindal Steel & Power Limited 25

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Jindal Steel & Power Limited 26

Summary of International operations

Proposed Cement Plant

Madagascar, Africa

Medium to large size

deposits of prime hard

coking and low ash – low

sulphur thermal coal for

open-cast operation

Indonesia, Asia

Acquired controlling stake

in Gujarat NRE coking coal

Limited

Australia

Developing a coal mine (10 MTPA) in

Mozambique’s coal-rich Moatize

region

Coal resources estimated at 1.2 billion

tonnes including coking coal

Mozambique, Africa

JSPL’s Kiepersol Colliery produces

about 1.2 MTPA of Anthracite coal,

sold domestically and internationally

Plans to ramp up capacity to 2 MTPA

South Africa, Africa

2 MT HBI Plant – plan to

make it an Integrated Steel

Plant

Shadeed, Oman

Acquired CIC Energy in 2012

for 120 Mn USD

Coal Mine with Resource of

over 3 billion MT (high grade

thermal coal)

Botswana, Africa

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Jindal Steel & Power Limited 27

Jindal Shadeed –Oman

In July 2010,

JSPL acquired Shadeed Iron & Steel Co. LLC ,

a company incorporated under the laws of the

Sultanate of Oman

Installed a 1.5 MTPA Gas-based HBI plant at Sohar Industrial Port with an investment of US$ 525 million and commenced production in January 2011

Adding a steelmaking facility of 2 MTPA in Oman; it will set up the first integrated steel plant in the Sultanate of Oman

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Jindal Steel & Power Limited 28

Performance Highlights – FY 14

GLOBAL VENTURES – OMAN

Oman clocked record sales volume in Q3 FY14 – 498,750 MT (36% increase over Q2 13-14

and 47% increase over Q3 last year)

Production increased to 378,600 MT (20% increase over Q1 13-14)

Sales (in volume) increased to 368,136 MT (40% increase over Q1 13-14, 30% increase

over Q2 last year)

Sales (in Mn USD) increased to 129 Mn $ (33% increase over Q1 13-14, 20% increase

over Q2 last year)

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Jindal Steel & Power Limited 29

GLOBAL VENTURES - MOZAMBIQUE

• Allocation for movement of 2,50,000 Tons per quarter obtained on Sena Line

• JSPL Mozambique’s First coal loaded train from Moatize to Beira moved on 07/11/2013

• 95334 MT coking coal production in Q3 13-14 compared to 67120 MT in Q2 13-14

• 99400 MT sales achieved in Q3 13-14 (96,900 MT sold in Q2 13-14)

Performance Highlights – FY 14

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Jindal Steel & Power Limited 30

Mozambique, Africa

• Potential Resource: 2 Billion MT

• Grade: Semi Hard coking coal , High Grade

Thermal Coal

• Current Mining @ 1.5 MTPA run rate

• By March 31, 2014 Mining @3 MTPA run rate

• 3 MTPA Coal Washery commissioned

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Jindal Steel & Power Limited 31

• GUJARAT NRE Coking Coal Ltd is an ASX listed company producing hard coking coal. • 100% owner of 2 underground mines in NSW, Australia

• NRE No 1 with 314 MT Resources and 92.0 MT of Reserves

• Wongawilli with 337 MT Resources and 33.4 MT of Reserves

• Total Resources 652Mt

•Investment –A$ 214 million made for 65.84% shareholding interest. •Also subscribed to Rights Issue in Feb 2014 – A$ 26 million. •Took over control from 15th November 2013

Gujarat NRE Coking Coal Limited

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Jindal Steel & Power Limited 32

South Africa, Africa

Southern Africa head office is based in Johannesburg, South Africa

Operations include Kiepersol Colliery outside the town of Piet Retief in Mpumalanga province

The mine produces high-quality anthracite coal, sold nationally and internationally

Underground mining with 1 MTPA capacity annually

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Jindal Steel & Power Limited 33

Indonesia, Asia

Thermal Coal Asset

Large size deposit of low ash – low sulphur thermal coal for open cast operation

Coal mining license obtained in 2009 for 10 years till March 2018 for over 35.9 square Kilometres

Permit received from the Ministry of Forest for the entire concession area

MoU signed with Bupati Barito to develop road for coal hauling

139 hectares acquired for the first phase of mining

Acquired 17.7 hectares for the development of captive coal terminal for coal handling and barge loading at Barito River

Coking Coal Asset

Exploration License over 100 square kilometre in Central Kalimantan

Medium to large size deposits of prime hard coking and thermal coal for open-cast operation Pit Sampling

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Financial Profile

Jindal Steel & Power Limited 34

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Jindal Steel & Power Limited 35

Consistent Growth in operations

1,009

1,999 2,039 2,411

3,348 3,642

FYE Mar'08 FYE Mar'09 FYE Mar'10 FYE Mar'11 FYE Mar'12 FYE Mar'13

Revenue (USD Million.)

41%54%

47% 48%38% 34%

FYE Mar'08 FYE Mar'09 FYE Mar'10 FYE Mar'11 FYE Mar'12 FYE Mar'13

20% 6-year CAGR

EBITDA Margin

PAT (USD million.)

333

771875 940 1,025

844

FY Mar'08 FY Mar'09 FY Mar'10 FY Mar'11 FY Mar'12 FY Mar'13

Cash Profit (USD Million.)

230

553668 699 736

535

FY Mar'08 FY Mar'09 FY Mar'10 FY Mar'11 FY Mar'12 FY Mar'13

24% 6-year CAGR

15% 6-year CAGR 6-year CAGR

17%

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36 Jindal Steel & Power Limited

Standalone Financials

Note: Exchange rate USD/INR 62.77 for all years

Particulars (Rupees in Cr.) 31.12.2013 30.09.2013 31.12.2012 Y ON Y Q ON Q

Turnover-Total 3,777 3,656 3,821 -1% 3%

-Export 896 930 595 50% -4%

EBITDA 1,210 983 1,278

PBT 546 352 740 -26% 55%

Profit after Tax 366 257 520 -30% 42%

Cash Profit 730 582 814 -10% 25%CAPEX 1,614 1,571 1,411

For the Quarter ending %

Particulars FY %

(Rupees in Cr.) 31.12.2013 31.12.2012 2012-13 Y ON Y

Turnover-Total 10,858 10,741 14,955 1% -Export 2,489 1,260 1,928 98%EBITDA 3,041 3,576 4,613 PBT 1,216 1,601 2,098 -24%Profit after Tax 861 1,115 1,462 -23%Cash Profit 1,867 1,971 2,658 -5%CAPEX 4,413 3,847 4,667

For the 9 Month ending

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37 Jindal Steel & Power Limited

Consolidated Financials

Particulars

(Rupees in Cr.) 31.12.2013 30.09.2013 31.12.2012 Y ON Y Q ON Q

Turnover-Total 5,377 4,984 4,802 12% 8%

EBITDA 1,701 1,457 1,790

PBT 819 627 1,147 -29% 31%

Profit after Tax 559 455 870 -36% 23%

Cash Profit 1,093 907 1,285 -15% 20%

CAPEX 2,548 3,571 2,660

For the Quarter ending %

Particulars FY %

(Rupees in Cr.) 31.12.2013 31.12.2012 2012-13 Y ON Y

Turnover 14,901 14,158 19,807 5%

EBITDA 4,463 5,079 6,669

PBT 2,116 2,892 3,833 -27%

Profit after Tax 1,515 2,159 2,912 -30%

Cash Profit 2,929 3,367 4,593 -13%

CAPEX 8,688 7,496 8,983

For the 9 Month ending

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38 Jindal Steel & Power Limited

Key Ratios and Net debt Levels

Standalone 2013-14 2013-14 2012-13 2012-13

Ratio (%) Q3 Q2 Q3 Annual

EBITDA to turnover 32.03 26.90 33.45 31.04

Profit before tax to turnover 14.45 9.62 19.37 14.03

Profit after tax to turnover 9.68 7.02 13.62 9.78

Debt Equity Ratio 1.74 1.72 1.65 1.66

Net Debt (Rs. in Cr.) 22,296 21,806 19,562 20,440

Consolidated 2013-14 2013-14 2012-13 2012-13

Ratios (%) Q3 Q2 Q3 Annual

EBITDA to turnover 31.63 29.23 37.27 33.67

Profit before tax to turnover 15.23 12.59 23.89 19.35

Profit after tax to turnover 10.40 9.13 18.12 14.70

Debt Equity Ratio 1.52 1.30 1.15 1.15

Net Debt (Rs. in Cr.) 31,602 29,947 23,435 24,418

*Net Debt as on 31st December, 2013 excludes debt of Rs. 2530 Cr. on the Balance sheet of Gujarat NRE Australia

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Jindal Steel & Power Limited 39

Way Forward

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40 Jindal Steel & Power Limited

Going Forward: Prime Focus

Commission of On-going Projects

Stabilize production from SMS and Plate Mill in Angul

Target “Break - Even” performance in Mozambique by FY 15

Commission the balance two units of 600 MW at Tamnar in H1 of FY 15.

To target 45% of total revenue from exports

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41 Jindal Steel & Power Limited

New Initiatives

Business Restructured in focussed Business Segments & Business Units

Implementation of Strategic & Operational Governance Structure

Launch of Channel financing

Expanding Geographical reach of Steel sales – New offices setup in South Africa,

Dubai, Indonesia

Entry in new segments with Angul Plate Mill e.g , Wind Mills, Shipbuilding, API

Focus on value added grades

Development of dedicated EPC group for Project Management & Execution

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Jindal Steel & Power Limited 42

Financial Objectives – FY 15

EBITDA Margin over 30%

Debt / Equity ratio 2:1 (Max)

Net Debt to EBITDA < 4x

Financing Overseas project on its own merits without any

burden on Parent company in India.

Note: Debt excludes any new Strategic Acquisition

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Making sustainability a focused priority

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Jindal Steel & Power Limited 44

A responsible corporate citizen

– Has installed state-of-art pollution control devices suitable for the purpose of reducing atmospheric pollution

– Real time check on performance of these devices is done through automated online analyzers such as Opacity Meters and Ambient Air Quality Monitoring Stations

– Water pollution is controlled by adopting a range of stringent regulatory measures and monitoring processes

– Has attained ‘Zero Discharge’ status by adopting state-of-the-art technology for water treatment

– JSPL continuously implements the concept of Green Productivity and takes preventive measures in and around its various facilities

– Rainwater harvesting, mass tree plantation during monsoon is among regular eco-friendly efforts of the company

– Training programmes are offered to the employees of different departments to increase their awareness in housekeeping

– All Roads are cleaned and sanitized, Work areas are regularly maintained and well painted, Water stagnation is not allowed

Environment concerns Control of air pollution Control of water pollution

– The environment management department of

the company takes care of all the activities

related to environmental safeguards

– Basic functions include constant monitoring of

emissions/discharges and their control and

compliance to statutory obligations on all

environmental issues

Solid waste management Ecological conservation House keeping activities

– Pursues the policy of three R’s -- Recycle,

Reduce and Reuse – to managing its waste

– Power is generated from coal rejects, fines and

middlings in AFBC boilers

– Slag generated from blast furnace is 100%

reused in cement manufacturing and brick

making

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45 Jindal Steel & Power Limited

A responsible corporate citizen (continued)

– O. P. Jindal Hospital & Research Centre provides facilities including medicine, surgery, gynaecology, orthopedics and pediatrics in the Raigarh district

– Regular village medical camps are organised through mobile medical van services with specialist doctors in Patratu, Angul and Raigarh

– JSPL has been organising family planning camps bringing couples under family welfare

– Cataract operations are conducted for patients annually, free of cost. Spectacles & fruits are distributed to all patients after the operation

– Pulse polio vaccination and HIV/AIDS detection camps are organized from time to time in Raigarh, Patratu and Angul

– For the supply of clean drinking water, non-functional hand-pumps have been repaired in all villages of the operational area

– JSPL has undertaken the responsibility of infrastructure by building approach roads, water tanks, drains and village ponds

– Developed the Kamla Nehru Park and musical fountain in the city that provides leisure, recreation and entertainment to the citizens of Raigarh

– Sports gear has been distributed to several rural youth clubs for promotion of sports & games

– JSPL has made model kitchen gardens for providing vegetables to families aiding mushroom cultivation in pockets, helping in income generation of the people

– Established by the Red Cross Society and the social welfare department at Raigarh

Education Healthcare Community development

– JSPL has set up the O. P. Jindal Global

University (JGU) and the Jindal Global Law

School (JGLS)

– O.P. Jindal Knowledge Park has been formed to

provide opportunity in technical education

– O. P. Jindal School-A 10+2 co-educational

school with all modern facilities at Raigarh

– O.P. Jindal Community College offering 37

technical vocational programmes on five

campuses

– IT Certificate Course of duration of 3/6 weeks for

tribal and marginalized girls belonging to poor

families in the remote village of Kunjimora

– Supports self-help groups for imparting

vocational training in tailoring & embroidery

– Financial support to meritorious and needy

students

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Jindal Steel & Power Limited 46

For any information please contact: -

D.Balasubramanyam –

Head of Investor Relations

Tel: - 011-26739166

Mobile: - 8130755166

Email: - [email protected]

Ms. Pallavi Kumari –

Investor Relations

Tel : - 011-26739165

Mobile:-8800094171

[email protected]

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47 Jindal Steel & Power Limited

THANK YOU www.jindalsteelpower.com

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Jindal Steel & Power Limited 48

Snapshots of Projects

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Snapshots – SMS & Slab caster (Angul)

49

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Snapshots – SMS & Slab caster (Angul)

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Snapshots – CGP (Angul)

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Jindal Shadeed – DRI plant

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Jindal Shadeed – Continuous Caster

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Jindal Steel & Power Limited 54

SMS Overall Progress Photo

Oman – 2 MTPA SMS

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Jindal Steel & Power Limited 55

Jindal Power limited (JPL)

Main Plant 258 km transmission line from Raigarh to Raipur

6.9 km cross country pipe conveyor belt for coal transportation

Captive Coal Mine