Adding Value to

Life
 By Following The
Visionary's Footsteps
Late Shri O.P. Jindal
Founder Chairman

Shri O.P. Jindal was a man with a pioneering vision and zeal for innovation. His ideals,
methodologies and ability to face challenges represent the cornerstones of corporate glory,
business excellence and human welfare. Shri Jindal was a true leader and a humanitarian who
worked tirelessly to bring smiles on thousands of faces, spreading hope and happiness among
people across strata. He firmly believed that “to bring about a big change you have to start from
the roots.” His example has inspired innovative thinking, excellence in execution, an integrated
approach to problem solving and decision-making among people at JSPL. Even as we miss his
physical presence, his journey remains the eternal source of inspiration and guidance for
everyone at JSPL (Jindal Steel & Power Limited).

By Working Towards
Inclusive Growth
Smt. Savitri Jindal
Chairperson

Smt. Savitri Jindal is carrying forward her husband's life-long mission of bringing about a
meaningful change in the life of down trodden through corporate and community
engagements. She has always believed, like her husband, late Shri O. P. Jindal, that India has to
align economic development with social well being to bring about inclusive development;
development that is sustainable and that touches the lives of India's billion-plus population.
She is involved in multiple social welfare initiatives, benefiting disadvantaged sections of the
society. As the Chairperson, she provides guidance and inspiration to JSPL to reach greater
heights of glory. Her motivation has also enabled JSPL to enhance its community support
initiatives through various welfare projects in the sphere of education, healthcare and
environment protection.
Vision Mission Core values
“To be a globally admired We aspire to achieve business excellence through: ? Passion for People
organization that enhances ? Business Excellence
? The spirit of entrepreneurship and innovation
? Integrity, Ownership and Sense of
the quality of life of all ? Optimum utilization of resources
Belonging
? Sustainable environment friendly procedures
stakeholders through ? Sustainable Development
and practices
sustainable industrial and ? The highest ethics and standards
business development.” ? Hiring, developing and retaining the best people
? Maximizing returns to stakeholders
? Positive impact on the communities we touch
By Taking India Ahead
Innovatively
Following the footsteps of his father, the
legendary Shri O.P. Jindal, Shri Naveen Jindal
through his dynamism and innovative ideas has
today established JSPL as a global player with a
promising future. JSPL is now seen as an
integrated and focused organization with a
proven track record of timely project turnaround,
global expansion and humane endeavours.
Shri Naveen Jindal, Executive Vice Chairman &
Managing Director is a business leader of rare
foresight and compassion and his upbringing and
lineage has groomed him to be a successful
entrepreneur contributing meaningfully to
national growth.

Besides spearheading his company into

becoming the world's second highest value
creator rated by world renowned Boston
Consulting Group, Shri Naveen Jindal is also the
driving force behind a successful campaign that
enabled Indian citizens to fly the national flag at
home or at any public place with respect and
dignity. In fact, today due to his efforts, we can fly
the tricolor even at night. Under the banner of the
Flag Foundation of India, he is leading the
generation next to wear the national colours with
pride.

Mr. Naveen Jindal

Executive Vice Chairman
& Managing Director
By Consolidating, Diversifying and

Excelling

With an annual turnover of over US$ 2.3 billion (` 11,091 crore), Jindal Steel & Power
Limited (JSPL) forms a part of the about US$ 12 billion O. P. Jindal Group. JSPL is a leading
player in steel, power, mining, oil & gas and infrastructure with expanding presence
across Asia (Oman, Indonesia, Mongolia and China), Africa (Mozambique, South Africa,
Democratic Republic of Congo & Madagascar), South America (Bolivia & Brazil),
Australia and Georgia.

JSPL has consistently tapped new opportunities by increasing production capacity,

diversifying investments and leveraging its core capabilities to venture into new
businesses.
JSPL's investment commitments in steel, power, oil & gas and mining have touched more than
US $ 30 billion.

Aerial view of JSPL Steel Plant at Raigarh, Chhattisgarh

JSPL's investment commitments in steel, power, oil & gas and mining
today stand at US$ 30 billion. The company is the largest private sector
investor in the state of Chhattisgarh with an investment commitment of
over US$ 6 billion (` 30,000 crore). It has also diversified into the
exploration and mining of high value minerals like diamonds, etc.
in places like Chhattisgarh, Jharkhand and the Democratic Republic
of Congo.
 By Moulding
Core Capabilities
JSPL is today amongst the leading steel players in the country. Its dynamic
initiatives exemplify industrial and social excellence. Some features of the
company and its products are:

? An installed capacity of 3 MTPA of steel

? A Captive Power Plant of 358 MW with a capacity expansion of 540 MW

? 1000 MW of independent power generated with captive coal and

iron-ore mines
? Mining 12 million tonne coal, the largest mining by a private company

? Operating largest coal-based Sponge Iron Plant in the world

? Production of up to 3.5 meter wide steel plates

? Pioneering the manufacture of hot rolled parallel flange beams and columns

in medium and large sizes

? Manufacturing the longest rail (121 metres) in the world

? Establishing bases for producing steel and mining nationally and globally

The world's longest track rails and the lineage of parallel flange beams are a
testimony of JSPL's manufacturing excellence: where continuous innovation is
a practice rather than an exception; where cost-effective technologies represent
an integral part of the work culture; where proactive thinking is the order of
the day; where a dedicated workforce and the perfect balance of corporate
growth and social responsibilities are the reservoirs of core strengths.

Parallel Flange Beams Hot Rolled Plates

Track Rails Hot Rolled Coils

 By Expanding
Horizons

Jharkhand

Overview of Wire Rod Mill at Patratu

JSPL's expansion plans in Jharkhand include:

Chhattisgarh
? An 11 MTPA integrated Steel Plant and a 2,600 MW JSPL is planning to raise the production of steel from three million tonnes per
Captive Power Plant in phases, with a total annum to ten million tonnes per annum (MTPA) in the state. The expansion
investment of US$ 9 billion (` 45,000 crore). The plans include:
company is setting up a 6 MTPA Steel Plant in ? A 7 MTPA Steel Plant, a 2 MTPA Cement Plant and a 1,600 MW Captive
phases and a 1,609 MW Captive Power Plant at Power Plant with a total investment of over US$ 6 billion (` 30,000 crore)
Patratu, a 5 MTPA Steel Plant and a 1,000 MW ? Jindal Power Limited, a company promoted by JSPL, is planning to add
Captive Power Plant at Asanboni 2,400 MW to the existing capacity of 1000 MW Thermal Power Plant at
? The first unit of the 6 MTPA Steel Plant, a Wire Tamnar in Raigarh district of Chhattisgarh with an investment of
Rod Mill, has already been commissioned at US$ 2.60 billion (` 13,410 crore)
Patratu. The Wire Rod Mill is equipped with the
latest state-of-the-art technology to offer superior
quality wire rods. Work on the setting up of a Bar
Mill (1.0 MTPA capacity) is in advanced stages and
is expected to be operational by this year. The first
phase of 3.0 MTPA is expected to be commissioned
by 2012 and the remaining 3.0 MTPA will be
commissioned by 2014
? Independent Power Plants of 1,320 MW each near
Dumka and Godda are also being established
? Jeraldaburu Iron Ore Mines, Jitpur Coal Block and
Amarkonda-Murgadangal Coal Block for the
projects have already been allotted to JSPL
Rail and Universal Beam Mill at Raigarh
 Coal to Liquid Project
Jindal Steel & Power Limited has powered many ground-breaking initiatives, the latest
being the Coal to Liquid Project in Odisha. The company has been allotted the Ramchandi
Promotional Coal Block in Angul district of Odisha having coal reserves of 1,500 MT.
JSPL is investing ` 50,000 crore in CTL (including mining and setting up of a Power Plant)
using the “Indirect Coal Liquefaction Technology” which will produce 80,000 barrels
per day (4.0 MMTPA).

Odisha

4.5 MTPA capacity Pellet Plant at Barbil

JSPL's expansion plans in Odisha include:

? A 12.5 MTPA Integrated Steel Plant and a 2,600 MW Captive Power Plant would be
commissioned in phases, involving a total investment of US$ 10 billion
(` 50,000 crore). The first phase of the 6 MTPA Integrated Steel Plant is expected to be
commissioned by 2012
? JSPL is setting up a coal gasification unit for its upcoming Steel Plant in Angul using the
'fixed bed dry bottom (FBDB) coal gasification' technology. The Synthesis Gas
produced at this plant will replace blast furnace (coke) used in the process of
steel manufacture
? The Coal Gasification route to manufacture Direct Reduced Iron (DRI) is being used
for the first time in the world
? Commercial production at the Pellet Plant commenced at Barbil in December 2009
Clean and green Power Plant at Tamnar, Chhattisgarh
By Powering
Possibilities
Driven by JSPL's vision and ideologies, Jindal Power Limited (JPL),
a company promoted by JSPL, has earned the distinction of setting up India's
first mega power project in the private sector at Tamnar in Raigarh district of
Chhattisgarh. JPL has a project portfolio of 15,660 MW in various stages of
operation, implementation and planning.

Control room of Tamnar Power Plant

18m high dam on River Kurket at Tamnar

6.9 km long conveyor pipe line at Tamnar

 By Harnessing
Powerful Elements

Thermal Wind

1000 MW Thermal Power Plant at Tamnar, Raigarh, Chhattisgarh

Jindal Power Limited is operating a 1,000 MW (4x250 MW) Thermal Power Plant, the first JSPL ventured into Green Power in
mega power project in the private sector at Tamnar in Raigarh district of Chhattisgarh. 2009, with a 24 MW Wind Energy
Notable highlights of the existing plant are: project at Satara, Maharashtra.

? A 6.9 km conveyer pipeline has been set up for coal transportation between the captive Power generated by these wind mills

coal mines and the plant is supplied to the Maharashtra State

? The company has constructed a 258 km, 400 KV Double Circuit transmission line from Electricity Transmission Company

the plant to the PGCIL sub-station at Raipur through which power can be sold Limited.

anywhere in India
? An 18 m high dam over the Kurket River, 25 km away from the project site, takes care of
the plant's water requirements

The company plans to add another 2,400 MW to the existing capacity with an estimated cost
of ` 13,410 crore.

JPL has also signed a MoU with the state government of Jharkhand to set up a 2,640 MW
Thermal Power Plant.
 Hydro

Wind Mills at Satara, Maharashtra Site for Etalin Hydroelectric Project

Jindal Power Limited has signed agreements to develop the 4,000 MW

Etalin, 500 MW Attunli and 1,600 MW Subansiri Middle Hydroelectric
projects in Arunachal Pradesh in a joint venture with the Hydro Power
Development Corporation of Arunachal Pradesh Limited (A Government of
Arunachal Pradesh Enterprise) on a Build, Own, Operate and Transfer basis.
The 4,000 MW Etalin Hydroelectric Project will be the largest hydroelectric
project in India.

The company also plans to build a 454 MW Hydro Power Plant at

Chainpur Seti in Nepal.
By Fueling
Ambitions
As part of its diversification process, the group forayed into the oil and gas sector
in 2008, operating under Jindal Petroleum Limited. The company acquired five
Oil & Gas blocks in Georgia. Mr. Naveen Jindal led a delegation to the Central
Asian nation to sign contracts with the Government of Georgia for exploration
and production, indicating the importance of the petroleum business for
the group. The company has so far invested US$ 60 million (` 280 crore) and
would be investing over US$ 250 million during the next three years in Georgia.

In the future, Jindal Petroleum endeavours to optimize its portfolio in the

upstream sector by acquiring a few more producing fields or exploration blocks
nearing completion in Georgia. It is also considering venturing into refining and
marketing of various petroleum products as well as setting up of transportation
and storage facilities for crude oil and natural gas.

“Microbial Enhanced Oil Recovery (MEOR) “ job in Patardzeuli Field, Georgia

 Georgia

China

Oman
India

Congo

Bolivia Madagascar
Mozambique
Zimbabwe

South Africa
 By Extending National Excellence To
International Borders
After establishing itself as a major steel and power player in India, JSPL has gone on to create
a significant footprint across the world. Its global forays are as follows:

Bolivia (South America)

? The Company has acquired the development rights for the 20 million tonne El Mutun Iron
Ore Reserves in Bolivia, and plans to invest US$ 2.1 billion in the next few years
? It will set up an Integrated 1.7 MTPA Steel Plant, a 6 MTPA Sponge Iron Plant, a 10 MTPA Iron
Ore Pellet Plant and a 450 MW Power Plant in Bolivia. This will be the largest investment by
an Indian company in South America and also the largest investment by a foreign company
on a single project in the country
? An affiliated company of JSPL, M/s. GTL International (GTLI) is currently engaged in the
development of the Palmar natural gas field in Bolivia, having an estimated recoverable
reserve of 24.7 BCF Gas and 0.87 MMBBL of condensate. M/s. GTLI has already completed
drilling of one well having 3,500 m depth and expects to commence the supply of
6 MMCFD of natural gas and 120 bbl of condensate shortly. The drilling of the second well
is in progress
? GTLI owns the Palmar Block with the total investment till now being US$ 20 million
(for two wells plus setting up of a Production Plant)

Africa
? JSPL first ventured into Africa when it acquired diamond exploration licenses in the
Democratic Republic of Congo in 2005. Later, in the year 2009, the company acquired a
majority stake in one of the alluvial mines in the country and since then has been
continuously producing diamonds of high quality
? In South Africa, JSPL acquired a 76% stake in Kiepersol Colliery located near the Piet Retief
town in Mpumalanga province. The mine produces high quality anthracite and lean
bituminous coal
Indonesia ? In Mozambique, JSPL has acquired exploration license for coal blocks and has done
extensive drilling to find substantial reserves
? In Madagascar, JSPL is involved in limestone exploration projects. The company currently
boasts limestone reserves of over 1 billion tonnes

Oman (Middle East)

Australia
Through its 100% subsidiary Jindal Steel & Power (Mauritius) Ltd., Mauritius (JSPLM),
JSPL acquired Shadeed Iron & Steel Co. LLC (SISCO), a company incorporated under the laws
of the Sultanate of Oman. The project is under commissioning and is expected to commence
commercial operations in the first quarter of fiscal year 2011/12.

Mr. Naveen Jindal, EVC & MD, JSPL visiting the El Mutun Iron Ore Reserves in Bolivia
By Helping Create A
Greener Earth
JSPL is committed towards protecting the environment through its various policies
and practices. It has institutionalized a fully-functional system to take ahead its 'green'
agenda. Some of the notable achievements are: every drop of water is recycled and
used for greening the campuses; coal rejects are utilized to generate power; and the
residue (fly ash) is used in the construction of roads, houses for employees and other
buildings. Even waste heat generated during the production of Sponge Iron is used to
generate electrical power.

Green footprints
? The company practices world-class environmental management systems
? It has adopted the Implemented Total Productive Maintenance (TPM) system for
better process control
? The company conserves water through a 100% effluent recycling process
? JSPL nurseries undertake time-to-time distribution of saplings to nearby
villages, encouraging ecological conservation
? It has fostered large scale afforestation in a bid to enhance greening of 22% of
space at all Steel Plants

Green accolades
? Good Green Governance Award 2009-10; Srishti, New Delhi
? National Energy Conservation Award 2009
(Top Rank Award in Integrated Steel Sector); Ministry of Power, Govt. of India
? Greentech Environment Excellence Award 2009; Greentech Foundation
? Greentech Safety Award 2009; Greentech Foundation
? Srishti Green Cube Award 2009 and 2006; Srishti, New Delhi
? Golden Peacock Innovation Award 2009; Institute of Directors
? Greentech Environment Excellence Award in 2006, 2007 and 2008;
Greentech Foundation
? Golden Peacock Environment Management Award in 2007; Institute of Directors
? Golden Peacock Eco-Innovation Award 2007; Institute of Directors
? National Energy Conservation Award for five years in succession (2001-2005)
and 2007, 2008; Ministry of Power, Govt. of India
? CII Energy Conservation Award 2005-06; CII

Promoting clean & green environment Raigarh Steel Plant, Chhattisgarh

By Accelerating
Community Welfare
Corporate Social Responsibility (CSR) has been making meaningful contributions to
the society in different areas, for decades now. CSR activities at Jindal Steel & Power
Limited (JSPL) extend well beyond its business objectives, and the company's
concerns for the society are evident from the various initiatives it has taken in
different fields. JSPL's CSR objective further gets reiterated through the company's
vision “to be a globally admired organisation that enhances the quality of life
through sustainable industrial and business development.”

JSPL's CSR policy aims at bringing about a radical transformation in the quality of
life of people living in and around the operation areas of the company through
positive intervention in social upliftment programs. Its key areas of focus are Health
& Hygiene, Education, Vocational Training & Women Empowerment, Livelihood,
Livestock Care, Drinking Water & Sanitation, Youth & Sports and Infrastructure
Development.

JSPL believes in inclusive growth, taking along the communities around its plants,
endeavoring to improve the quality of life of the people in the areas it operates. Its
focus on social issues around its facilities in Chhattisgarh, Jharkhand and Odisha has
changed the living standards of the people, heralding a new dawn of industrial
progress in these areas. JSPL has adopted 40 villages in Raigarh and contributes
holistically to regional development.

Rehabilitation and Resettlement (R&R) Colony at Angul, Odisha

 By Embracing
Responsibility

O. P. Jindal Institute of Technology at Punjipathra, Raigarh, Chhattisgarh

JSPL recognizes education as one of the building blocks of any nation and considers it as a priority area
of its CSR activities. Realizing the importance and relevance of education, JSPL has taken a number of
initiatives like establishing a global university, specialized institutes and schools.

O.P. Jindal Community College of Technology and Skills (Industrial Training Centres) have been
established to develop skilled workforce by empowering competency based, skill oriented, technical
and vocational training. These institutes offer vocational training in trades like Electrician, Welding,
Plumbing, Fitting, Computer Operation, Cutting & Tailoring, Steno Hindi and Motor Mechanic.
A three months MES (Modular Employable Skills) Course is also run by theses institutes. These
institutes are located at Angul (Odisha), Patratu and Godda (Jharkhand).
The company runs four ITIs which have been adopted under the public private partnership scheme of
the Government of India. They are located at Sarangrah, Kharsia, Gharghoda in Chhattisgarh and Barbil
in Odisha. JSPL also runs English medium CBSE affiliated schools at various plant and project locations
like Raigarh, Tamnar, Nalwa, Angul and Patratu, wherein quality education is being imparted to over
9,000 students.

Community Initiative at Tamnar, Raigarh, Chhattisgarh

To assess and identify the needs of the people, a socio-economic survey of the people in the
surrounding areas is conducted regularly by independent agencies through door to door surveys,
questionnaire sessions, focus group discussions and in-depth interactions. Various social initiatives are
introduced based on the findings of this survey. JSPL has won many accolades for its CSR initiatives.
Notable among them are:

? CSR Excellence Award by ASSOCHAM in July 2010 for promoting and propagating CSR initiatives
? “Think Odisha leadership Award” for the third year consecutively for excellence in the field of CSR
in August 2010. The Company received the award for bringing about outstanding changes in the
field of “Peripheral Development”
? “Transforming Vision into Reality” award for 2009-10 that the company bagged at the
CSR Quest 2010 at Ranchi
? Mega India Excellence Award 2009 (for Best Company in Corporate Social Responsibility);
Organized by Planman Media, Sunday Indian and IIPM
? Golden Peacock Award for CSR 2006 & Social Welfare 2005
By Constant
Efforts
? JSPL features in Forbes Asia's Fab 50 companies 2010.

? Jindal Steel & Power Limited rated as the second highest value creator in
the world by Boston Consulting Group in September 2010. The company
has also been ranked as number one in the Mining and Materials
Industry category

? JSPL won the Golden Peacock Innovation Management Award 2010;

Organized by the Institute of Directors

? Mr. Naveen Jindal, EVC & MD, JSPL was awarded the 'Distinguished
Alumni Award' for 2010 by the University of Texas at Dallas for his
contribution to public service, being a responsible corporate citizen and
guiding his company to become a global player.

? JSPL commended with “Strong Commitment to HR Excellence” at

CII NATIONAL HR EXCELLENCE AWARD 2009

? Jindal Steel & Power Limited was selected as the top Indian company in
the Iron and Steel sector for the Dun & Bradstreet – Rolta Corporate
Awards 2009

? JSPL rated as one of the 50 best Blue Chip companies in India by

Dalal Street Investment Journal in 2009

? Mr. Naveen Jindal received the CNBC's Most Promising Entrant into the
Big League Award at IBLA 2009 for Jindal Steel & Power Limited

? Jindal Steel & Power Limited accorded the Forbes Asia's 'Fabulous 50'
international award in 2009 for being the best of Asia Pacific's biggest
listed companies showing long term profitability, sales and earnings
growth as well as projected earnings and stock price gains

? JSPL was rated among one of the highest wealth creators for investors in
the previous five years by Dalal Street Journal in 2009

? SAIL HR Excellence Award 2009; Organized by SAIL and

IIM-Ahmedabad
The SEBI disclaimer should read as follows:
“Jindal Power Limited, our subsidiary, is proposing, subject to market conditions and other considerations, an initial public offer of its equity
shares and has filed a Draft Red Herring Prospectus (“DRHP”) with the Securities and Exchange Board of India (“SEBI”). The DRHP is
available on the website of SEBI at www.sebi.gov.in as well as on the websites of the book running lead managers at www.jmfinancial.in,
www.enam.com, www.db.com/India, www.icicisecurities.com, www2.goldmansachs.com, www.sbicaps.com www.ubs.com/indianoffers
and the website of the co-book running lead managers at www.motilaloswal.com. Potential Investors should note that investment in equity
shares involves a high degree of risk. For details relating to the same, see the section titled “Risk Factors” of the aforementioned DRHP.”
 www.moddusgroup.com

Corporate Office
Jindal Centre, 12, Bikaiji Cama Place, New Delhi 110 066
Tel. +91 11 26188340-50, Fax: +91 11 26161271

www.jindalsteelpower.com
www.jindalsteelpower.com