Jindal Steel & Power Limited

Jindal Steel & Power Limited is a sponge iron manufacturer in India. During the fiscal year ended March 31, 2009 (fiscal 2009), the Company produced 12, 48,511 metric tons of sponge iron; 16,143 metric tons of ferro chrome; 15,78,790 metric tons of semi-finished steel product and 9,98,205 metric tons of finished steel. Raipur Unit produced 937 metric tons of MS ingots, 1964 metric tons of casting and has done machining of 4,210 metric tons during 2009. The production of calibrated iron ore at captive mine at Tensa in Orissa was 1,042,000 metric tons. Its subsidiaries include Jindal Power Limited; Jindal Minerals & Metals Africa Limited; Jindal Steel & Power (Mauritius) Limited; Jindal Steel Bolivia SA and Chhattisgarh Energy Trading Company Limited. Jindal Petroleum Limited, through its subsidiary Jindal Petroleum (Georgia) Limited, acquired five oil and gas blocks from Ministry of Energy of Georgia in the state of Georgia during fiscal 2009.