Jindal Stainless Limited

In 1970, O.P. Jindal founded a mini steel plant named Jindal Strips Limited at Hisar.[8] [7][1] It started manufacturing hot rolled carbon steel coils, plates, slabs and blooms. It was the beginning of the story for Jindal Stainless. Over the years, the company expanded its capacity at Hisar. In 2002, Jindal Strips was restructured as Jindal Stainless. In 2003, Jindal Stainless set up its integrated stainless steel plant at Jajpur in Odisha with a capacity scalable up to 3.2 MTPA. The plant became operational in 2011.[9][7]

The plants of Jindal Stainless are located in Jajpur, Odisha and Hisar, Haryana.[10] The Jajpur facility started operating in 1970 while the Hisar plant was made operational in the year 1975. The plants comprise 2.9 million tonnes per annum of stainless steel melting facilities.[1] The Jajpur plant has a melting capacity of 2.1 MTPA. The plant has a captive power generation facility of 264 MW. The Hisar plant has a melting capacity of 0.8 MTPA. It is also India's largest producer of coin blanks.[1]

JSL produces a variety of products in both facilities. Its product range comprises the following:[11] [3][1][7]

Stainless Steel Slabs
Cold Rolled Coils
Hot Rolled Coils
Slabs
Blooms
Plates
Coin Blanks
Precision Strips
Razor Blades[12]

Jindal Stainless has set a target to become an emission free entity by the year 2050.[13] In FY22, it reduced carbon emissions by 1.4 lakh tonnes.[14] The firm has made a collaboration with ReNew Power [13][15] to set up a ~300 MW wind-solar hybrid renewable energy project at its Jajpur plant.[15]