JSPL produces 5.904 mt steel in April-December FY22, surges 9%

11 Jan 2022 CW Team

On Tuesday, the firm said that Jindal Steel and Power Limited (JSPL) produced 5.904 million tonnes (mt) steel in the April-December period of FY 2021-22.

The output was 9% higher at 5.904 mt as against the generation in the corresponding term of the preceding fiscal.

Conveying the sales figure for the October-December quarter, JSPL told the media it sold 1.82 mt steel during the stated term.

In Q3 FY’22, steel sales were constrained due to limited rake availability and unseasonal rains in certain states. In December 2021, the firm's sales reached 6.85 lakh tonnes.

JSPL Managing Director V R Sharma told the media that they have been able to attain a production increase of 9% in the first nine months of FY22. They are confident that in this financial year, they will be able to reach their aim of 8-8.2 mtPA.

JSPL, part of O P Jindal Group, has a powerful presence in the steel, power, and mining sectors with an investment of Rs 90,000 crore worldwide.

Image Source

Infrastructure Transport

10 Jul 2026

Uttar Pradesh unveils infrastructure-led growth roadmap at RAHSTA

Mumbai, 9 July 2026: Uttar Pradesh’s ambitious infrastructure-led growth strategy took centre stage on Day 2 of the 16th RAHSTA Expo, where senior government officials outlined how expressways, industrial corridors and technology-driven governance are transforming the state into one of India's most attractive investment destinations.Delivering the keynote address, Srihari Pratap Shahi, IAS, Additional Chief Executive Officer, Uttar Pradesh Expressways Industrial Development Authority (UPEIDA), highlighted the state's long-term vision of integrating world-class expressways with industrial dev..

NCW closes PRIME Offices Fund at Rs 40 billion

Nuvama and Cushman & Wakefield Management (NCW) has announced the final close of its flagship PRIME Offices Fund at approximately Rs 40 billion, exceeding its original target of Rs 30 billion following strong investor demand.The fund was launched to provide Indian investors with access to institutional-grade commercial office assets across key office markets in the country. According to NCW, the increase in the fund size was supported by strong investor participation and the availability of investment opportunities in India's office sector.The fund has already committed around 45 per cent ..

Mayfair Housing adopts Autodesk Forma for digital project planning

Mayfair Housing has entered into a three-year strategic partnership with Autodesk to deploy Autodesk Forma, an AI-enabled cloud platform, as part of its digital transformation programme aimed at improving project planning and execution across its development and redevelopment portfolio.The platform will be integrated into the company's Building Information Modelling (BIM) workflow to support architects, planners and project teams during the early stages of design and development. Autodesk Forma combines real-world data, environmental simulations and collaborative workflows to facilitate data-d..