Jindal Steel & Power (JSP) has emerged as the successful bidder for the Saradhapur Jalatap East coal block in Round-11 of the commercial coal block auctions conducted by the Ministry of Coal. The agreement signing marks a key milestone in JSP’s strategy to strengthen raw material security for its steel operations.
Located just 11 km from JSP’s Angul steel plant in Odisha, the partially explored block holds an estimated 3,257 million tonnes of geological resources. Its proximity to existing mines like Utkal C, Utkal B1, and Utkal B2 ensures logistical efficiency and cost optimization.
This acquisition reinforces JSP’s commitment to backward integration, reducing dependency on external coal supplies and minimizing risks from price volatility and supply chain disruptions. By securing long-term fuel access, JSP enhances energy security and operational stability, supporting sustainable growth.
The move aligns with the ‘Aatmanirbhar Bharat’ vision, promoting self-reliance in domestic coal production. JSP’s strategic investment in the Saradhapur Jalatap East block underscores its focus on efficiency, sustainability, and resilience in steel manufacturing.
