Jindal Steel & Power Limited

ZEET - 9

COMPANY PROFILE JSW Group is one of the fastest growing business

conglomerates with a strong presence in the core economic sector.

As part of the US $ 8 billion O. P. Jindal Group, JSW Group has diversified interests in Steel, Energy, Minerals and Mining, Aluminum, Infrastructure and Logistic, Cement and Information Technology.

Jindal Steel & Power Limited (JSPL), is a part of the $8 billion Jindal Organisation.

JSPL with its obsession for excellence, is increasing its portfolio of value-added products, bringing the world's best to India and making an international mark. Production Capabilities expanded to serve the infrastructure sector, catalyzing economic, development and growth.

JSW Steel Ltd. is one among the largest Indian Steel Companies in India today with capacity of 7.8MT.

India’s second largest steelmaker, JSW Steel Ltd. consists of the most modern, eco-friendly steel plants with the latest technologies for both upstream & downstream processes.

CSR INITIATIVES….. The Social Accountability System, SA 8000, initiated by

JSPL is a solid step towards maintaining corporate awareness and conscientiousness.

JSPL’s CSR programme is guided by its core values, which form the nucleus of its corporate culture.

JSPL'S CSR STRATEGIES

Development of model villages (Adarsh Grams).

Government, corporate and public participation.

Address situational needs and demands of the villagers.

 

JSPL through its many initiatives has touched and improved the lives of millions of people who are socially deprived. The Company has from the very beginning devoted itself entirely to the cause of upliftment of backward areas of the country.

Initiatives taken in – Raigarh (Chattisgarh)The company has signed a MOU with the Government of

Chhattisgarh for investing Rs. 35 crores for improving social infrastructure in & around Raigarh in next three years

Adoption of more than 42 villages for overall upgradation.

10+2 co-educational O P Jindal School. P Jindal Institute of Technology having state-of-the-art

infrastructure, spread over 25 acres and AICTE affiliated.

P Jindal Institute of Power Technology – CEA affiliated, diploma courses to be started from September 2008.

Other initiatives include adoption of various government-run ITIs in Chhattisgarh.

Multi-specialty O P Jindal Hospital & Research Centre

UTTHANUnder the activities of Corporate Social Responsibility, Jindal Steel & Power Ltd has launched women empowerment program "Uthhan" in Raigarh district on January 8th 2008. Utthan is a basically 12 days multipurpose and multi dimensions

training cum awareness program. During the program period the women participants from rural

areas will be introducing to various technical, economical, social and cultural aspects of a happy, productive and healthy life for individual and family.

50 women from 10 different villages; ie Gare, Khamria, Dhaurabhata etc are participating in this training program.

Initiatives taken in – Angul (Orissa) The company is investing about Rs 15,000 crore in the facility

at Angul. In addition the company is also investing about Rs 5000 crore for a 1500 Mw power plant.

P Jindal Institute of Technology & Skills started since July, 2007. More than 3000 families have benefited so far from various

medical camps organized. Deworming of livestock, vaccination camps and vitamin

supplementary schemes initiated to improve nourishment of animals.

Mobile Health Clinic provides basic health care services in adjoining villages.

Electrification programmes carried out at village Nisa & village Bada Mahitala.

Schemes to improve infrastructure of existing schools initiated at Benagadia High School and Panpur Primary School.

Community Development schemes including construction of community centre, roads, deep bore wells and pumps undertaken among others.

Modular Employment Scheme (MES) classes have started in order to provide vocational training to school dropouts, existing workers and unemployed youth.

Initiatives taken in – Patratu (Jharkhand)JSPL is setting up a steel plant of 6 million tonnes per annum capacity at Patratu in Jharkhand State with an investment of Rs. 15,000 crores. The company has undertaken many projects for upgradation

of basic services such as sanitation, healthcare, education, plantation of trees, building of roads, etc. in adjoining villages.

OP Jindal Institute of Technology and Skills trains youth under Modular Employment Schemes (Welder, Electrician & MMV).

JSPL has renovated several schools and distributed books & furniture and runs evening coaching centers and adult education classes.

Regular health check-up camps in villages by specialist doctors & specialized camp for cataract eye operation.

Participation in government schemes such as Pulse Polio Vaccination campaign, AIDS awareness and diarrhea control campaigns.

JSPL supports self-help groups for imparting vocational training in tailoring to women.

Mega camps for livestock, vaccination, deworming & dehorning and distribution of medicines & vitamins.

Environment Initiatives As JSPL continues to expand its business on both the domestic and international levels, a greener and cleaner environment for all is one of its main objectives in its march towards progress.

The company has taken a holistic stance for the protection of environmental resources and taken preventive measures as a part of its operation module.

Facilitâtes Environmental Issues Through:

Control of Air Pollution Control of Water Pollution Solid Waste Management Ecological Conservation House Keeping Activities Environmental Laboratory

According to the company's Annual Report 08-09, the company spent Rs. 150 million (US $ 3 million) towards CSR initiatives, as against a Net Income of more than Rs. 15 billion (US $ 300 million).

JSPL targets to spent Rs 5 crore on various CSR initiatives near the project site at Angul (Orrisa).

JSW Steel, will be increasing its expenses on CSR activities in the next fiscal by allocating 1.5 per cent of its net profit towards such initiatives.

This move would take up the group's spending on CSR initiative by up to 10 per cent of the present expenditure.

FUTURE INVESTMENTS BY JSPL

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