India, July 4 -- Jindal Steel & Power Limited

New Delhi/ Angul (Odisha) [India], July 4: Jindal Steel today announced a significant milestone in its strategic growth journey. The Government of Odisha has issued a Letter of Intent (LoI) to the Company for the grant of a 50-year Mining Lease for the Roida-I Iron Ore and Manganese Block, located in Keonjhar District. Spread across 104.84 hectares, this vital mineral resource significantly enhances Jindal Steel's raw material security and underscores its commitment to integrated and sustainable steel production in India's mineral-rich eastern corridor. The Roida-I Iron Ore and Manganese Block comes with an Environmental Clearance capacity of 3 Million Tonnes Per Annum (MTPA) and a mineral de...