Jindal Steel and Power Limited (JSPL) has been awarded two coal blocks for commercial coal mining in the state.
The Angul-Talcher coal belt’s Utkal B1 and B2 coal blocks, with geological reserves of 347 million tonnes, have been acquired by a company managed by Naveen Jindal.
JSPL currently has adequate coal reserves, when combined with the Utkal C coal deposit, to enable the giant steel business to double its capacity for green steel production.
Greeting the people of Odisha on the occasion of Utkal Divas, JSPL chairman Naveen Jindal said they won the Utkal B1 and B2 coal blocks on the 17th Punya Tithi of JSPL founder OP Jindal who had a vision of using indigenous coal to make steel.
