JINDAL STEEL & POWER LIMITED

JINDAL POWER LIMITED

Copyright 2010 Jindal Steel & Power Ltd.

Genesis of Jindal Organization

Founded by Legendary Sh. O.P. Jindal. Driven by building a world-class organization focused on: Strengthening Indias Industrial Base Improving Quality of Life through Sustainable Development Activities

The legendary Sh. Om Prakash Jindal had a vision for India, to see the nation as being self-reliant, progressive and geared for the future.

Our Vision

To be a globally admired organization that enhances the quality of life of all stakeholders through sustainable industrial and business development.
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Our Mission
We aspire to achieve business excellence through: The spirit of entrepreneurship and innovation Optimum utilization of resources Sustainable environment friendly procedures and practices The highest ethics and standards Hiring, developing and retaining the best people Maximizing returns to stakeholders Positive impact on the communities we touch

Core Values
Passion for People

Business Excellence

Values

Integrity, Ownership, Loyalty and Sense of Belonging

Sustainable Development

PASSION FOR PEOPLE OWNERSHIP SENSE OF BELONGING SUSTAINABLE DEVELOPMENT INTEGRITY BUSINESS EXCELLENCE LOYALTY
And all these values

Its
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P.O.S.S.I.B.L.

Disclaimer
Certain statements in the presentations and, if applicable, the subsequent question and answer session and discussions concerning our future growth prospects, are forward looking statements which involve a number of risks,

uncertainties and other factors that may cause our actual results, performance or achievements to differ materially
from future results, performance or achievements expressed or implied by such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, general political, social and economic conditions in India and elsewhere, accidents, natural disasters or outbreaks of disease, government

policies regarding the steel ,power and diamond industry(ies), including industrial licensing, environmental
regulations, safety regulations, import restrictions and duties, excise duties and sales taxes, our ability to successfully implement our strategy, our growth and expansion plans and technological changes, increasing competition in, and the conditions of the global and Indian steel , power and diamond industry, changes in laws and

regulations that apply to the Indian and global steel, power and diamond industry, significant movements in the
prices of key materials, terms on which we finance our working capital and capital and product requirements affecting our company and our industry and other development expenditure requirements, general economic conditions factors beyond our control.

Business Segments
Steel Power Mining

Corporate Snapshot
Jindal Steel & Power Ltd.

India

Overseas

Steel 3 MTPA

Pellet Plant 5 MTPA

Power Generation 2,298 MW

Hot Briquetted Iron 1.5 MTPA

Mining 1 MTPA

2011 - 12 Revenue : USD 3.55 Bn Cash Profit : USD 1.10 Bn

Projects Under implementation

Jindal Steel & Power / Jindal Power

Location
Angul, Odisha Patratu, Jharkhand Odisha Chhattisgarh 1.6 MTPA Steel Plant 810 MW Captive power 3 MTPA Steel Plant 4 MTPA Pellet Plant

Project

2, 400 MW Thermal Power,

Jharkhand
Arunachal Pradesh

2,640 MW Thermal Power

5,197 MW Hydro Power

Steel business overview

Power business overview

Financial overview

Growth drivers

Sustainability Initiatives

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JSPL Product Range

Hot Rolled Plates upto 3.5 Mtr.

Billets

Parallel Flange Beams

Channels/Columns 11

Pellet

Hot Rolled Coils

JSPL Product Range (contd.)

Beam Blank

120 Mtr. Long Track Rails

Power

Rounds 12

Fabricated Beams

TMT/Wire Rod

JSPL Captive power plants

1,703 MW
1,298 MW

405 MW

Existing

FY13

Angul CPP 405 MW (3x135 MW)

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Steel business overview

Power business overview

Financial overview

Growth drivers

Sustainability Initiatives

14

JPL Project Tamnar I (4x250MW)

FY11 FY 12

Location

Tamnar, Raigarh, Chhattisgarh (4 x 250 MW) Captive coal mines

Installed capacity (MW)(a)

1,000

1,000

Fuel

Power Evacuation

258 Km Captive transmission line connected to National Grid

PLF

98.1% 97.8%

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TAMNAR I Contd

Main Plant

258 km transmission line from Raigarh to Raipur

6.9 km cross country pipe conveyor belt for coal transportation

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Captive Coal Mine

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Steel business overview

Power business overview

Financial overview

Growth drivers

Sustainability Initiatives

17

Consistent Performance
Revenues CAGR 40 % Consolidated, USD in Million

3500 3000 2500

800 700
600

Revenue

2000
1500 1000 500 0 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

Net Profit

500 400
300

200 100
-

2003 2004 2005 2006 2007 2008 2009 2010 2011 2012

Year
Net Profit CAGR 45%
USD/INR =55

Year

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Growth Trajectory: Quarterly net profits

35 trailing quarters (consolidated, INR Crores)

1162

1016
988
900 899 808 765 874
894 1,001 963 957 951

933 965

1053*

444 405 319 250 117 122 124 124 147 150 145 277

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151 153 157

190 203

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Dec- Mar- Jun- Sep- Dec- Mar- Jun- Sep- Dec- Mar- Jun- Sep- Dec- Mar- Jun- Sep- Dec- Mar- Jun- Sep- Dec- Mar- Jun- Sep- Dec- Mar- Jun- Sep- Dec- Mar- Jun- Sep- Dec- Mar- Jun03 04 04 04 04 05 05 05 05 06 06 06 06 07 07 07 07 08 08 08 08 09 09 09 09 10 10 10 10 11 11 11 11 12 12

* Net profit includes one time write off written back of Rs. 667.12 Cr.

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Consolidated financials at a glance

FY04
(Rupees in Crores)

FY05

FY06

FY07

FY08

FY09

FY10

FY11

FY12

Q1 FY13

INCOME STATEMENT Net Turnover Net Profit After Tax

1,272 305 2,271 515 2,617 572 3,548 703 5,538 1,251 10,913 3,007 11,151 3,634 13,194 3,804 18,209 4,002 4,701 1,053*

Cash Profit

434

765

858

1,174

1,810

4,193

4,759

5,115

5,578

741

BALANCE SHEET
Gross Fixed Assets Net worth Borrowings Equity
SIGNIFICANT RATIOS
1,966 853 1,026 15 2,875 1,317 1,495 15 4,389 1,837 2,745 15 5,866 2,475 3,507 15 10,679 3,722 6,996 15 14,927 7,021 8,113 15 21,109 10,386 8,605 93 29,327 14,135 13,987 93 35,819 17,948 17,058 93 37,671 18,371 18,852 93

Operating Margin (%) Net Profit to Sales (%) Return on Net Worth (%) Long Term Debt Equity Ratio EPS (INR/Share) (a) (b)

40% 24% 36%

40% 23% 39%

40% 22% 31%

41% 20% 28%

41% 23% 34%

48% 28% 43%

53% 33% 35%

49% 29% 27%

39% 22% 22%

34% -

1.09 3.34

1.11 5.58

1.20 6.31

1.07 7.64

1.74 13.54

1.03 32.44

0.59 39.05

0.70 40.75

0.61 42.42

0.75 -

Net profit includes one time write off written back of Rs. 667.12 Cr.

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Steel business overview

Power business overview

Financial overview

Growth drivers

Sustainability Initiatives

21

JSPLs greenfield expansions

Facilities under implementation (Flat Products)
1.6 MTPA integrated steel plant & captive power plant at Angul, Odisha
Expected date of Commissioning

Project Plate Mill DRI

Capacity 1.5 MTPA 2.0 MTPA

April- June 2013

Power

810 MW*

Steel melting shop

1.6 MTPA

Resources

Captive Coal mine, expected to start shortly. Iron Ore mine, to be allotted as per MoU with the Govt. of Odisha

* 405 MW is already Operational 22

JSPLs greenfield expansions (continued)

Facilities under implementation (Long products)

3 MTPA integrated steel plant

Project Steel Making (Wire Rod and Rebars)

& captive power plant at Patratu, Jharkhand

Expected date of commissioning March, 2016

Other Major Facilities Coke Oven, Blast Furnace, Sinter Plant and Steel Melting Shop

Resources

Captive Iron Ore mine 23

Expansion plans of Jindal Power Limited

Overview of power projects
Name (Size) Operational Project (1000 MW) Tamnar I (1,000 MW) Thermal Captive Mine Type Source Of Raw Material

Under Implementation Projects (10,237 MW) Tamnar II (2,400 MW) Dumka (1,320 MW) Godda (1,320 MW) Hydro (5,197 MW) Thermal Thermal Thermal Hydro Linkage Captive Mine Captive Mine Run Of The River

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Capacity build-up timeline of JPL

Cumulative capacity build-up (for projects under implementation)(a)
11,237

7,640 6,040 4,720 3,400

7,640

2,200
1,000

Existing

FY14

FY15

FY16

FY17

FY18

FY19

FY20

Operational Tamnar I

Two units of Tamnar II (1,200MW)

Two units of Tamnar II (1,200MW)

1,320 MW Godda

1,320MW Dumka

800MW + 800MW Kamala Hydro (Subansiri )

3,097 MW Etalin

500MW Attunli

(a) Projects under planning (3,960MW) have not been considered for the above timeline

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Coal to Liquid (CTL) Project

Objective
To enhance energy security of the country Reduce dependence on import of crude oil/
petroleum products
Project CTL Plant Coal mining Power Plant Capacity 80,000 bbl / day 50 MTPA 1350 MW

Facilities under implementation

Maximize Diesel production (60-70 % Diesel) Establish environment friendly CTL Project with
a strategic fit to Indian Coal (High Ash)

Salient Points
CTL capacity represents about 10% of Indias current crude production

Compliant with Euro VI norms

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Global Footprint

India Oman Indonesia Mozambique Australia South Africa

Georgia

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Jindal Shadeed -OMAN

Jindal Shadeed -OMAN 1.5 MTPA HBI Plant

Oman
Shadeed Iron & Steel LLC.
Capacity of 1.6 Mtpa DRI module (Midrex) plant Gas availability at concessional rates.

Profitable since start of production

Downstream Expansions of 2 MTPA Steel Making Capacity under planning

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KIEPERSOL COAL MINE AT PIET RETIEF IN MPUMALANGA, SOUTH AFRICA

Aerial view of the Mine

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South Africa
Coal Mine in Piet Retief, Mpumalanga
50 MT mineable coal (Anthracite & Lean Bituminous) Annual Production 1 MTPA Distance covered from Mine to Richards Bay Port- 320 km

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COKING &THERMAL COAL MINE JINDAL MOZAMBIQUE

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Mozambique
Total Area 25,000 hectares
1.2 BnT of mineable coal (coking & thermal) reserves.

Distance from Mine to Beira Port-700 km. Sena Line already operational (120 km Road + 500 km Rail)
Mining License obtained for 25 years on 09th Feb 2011 Production planned from March 2013

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Indonesia
Total Area 3587 Hectares Thermal Coal Mine with reserves of over 250 MT Mining to commence in September, 2012 Own Jetty at River Distance to port - 270 Km. (30 Km Road + 240 Km River) Coal Specification
Ash - 4% -14% GCV - 4200 5300

Low Striping Ratio of 1:2

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Location Map -Kalimantan

(Place your image here

MBA Coking Coal

SSG Thermal coal

Copyright 2010 Jindal Steel & Power Ltd.

Steel business overview

Power business overview

Financial overview

Growth drivers

Sustainability Initiatives

38

Awards and Achievements

Awards
Ranked 1st as Wealth Creator in India over ten years period Business World November 2011 JSPL ranked 3rd in the Metals Category of Business World's India's Most Respected Companies survey 2011 Jindal Steel and Power Ltd. gets Forbes Asias Fabulous 50 international award 2011 & 2010 JSPL Ranked 1131 by Forbes in 2009-10 (as against 1793 in FY09) in Global 2000 (Worlds biggest listed companies list) JSPL won award for Organization with Innovative HR practices and Institution Building at 18th Global HR Excellence Awards at World HRD Congress 2011 Naveen Jindal has been ranked among the Top ten India Incs Most Powerful CEOs 2011 by Economic Times-Corporate Dossier in its annual survey. Naveen Jindal has won the Ernst and Young Entrepreneur of the Year award for 2010 for his significant contribution to the field of Energy and Infrastructure. University of Texas names School of Management after Mr. Naveen Jindal, he becomes the first alumni from India of an American University to have an educational institution named after him. 2nd largest Value Creator in the World BCG, Threading the Needle 2010 based on Total Shareholder Return (2005-2009) and 1st largest Value Creator in Global Mining Sector Production of 3.5 meter wide steel plates Manufacturer of longest rail of 121 meter length in the world Pioneered manufacture of hot rolled parallel flange beams and columns in medium and larger sizes Largest coal based sponge iron facility in the world First Company to produce power from waste heat recovery boiler from sponge iron JSPL has been ranked 18th in a list of Indias Top 40 Fastest Growing Companies, in a study conducted by the Outlook Business Magazine ,study has been published in its recent issue dated 26 th May, 2012.

Recognitions

Achievements

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Sustainability Initiatives and Awards

Initiatives
Action
R&R Colonies Fly Ash brick plant O.P. Jindal Institute of Technology & Skills O P Jindal Community College of Technology & Skills (OPJCCU) Jindal Institute of Power Technology O.P. Jindal School FORTIS O.P. Jindal Hospital & Research Centre Medical Camps O.P. Jindal Industrial Park

Location
All Raigarh (Chhattisgarh) and Angul (Odisha) Punjipathra (Chhattisgarh) Angul, Barbil, Patratu, Godda, Raigarh Tamnar (Chhattisgarh) Angul, Barbil, Patratu, Raigarh, Tamnar, Taraimal Raigarh (Chhattisgarh) Local villages in Odisha, Jharkand, Chhattisgarh Raigarh (Chhattisgarh)

Awards
Innovating Sustainability CSR Excellence Award by ASSOCHAM - 2010 Think Odisha Leadership Award in Corporate Social Responsibility 2011, 2010, 2009, 2008 'Transforming Vision into Reality' Award - CSR Quest 2010 Mega India Excellence Award 2009 (for Best Company in Corporate Social Responsibility) National Energy Conservation Awards - 2007, 2005, 2004, 2003, 2002, 2001 Golden Peacock CSR Award 2006 Corporate Initiatives in Sports - FICCI Award 2006 40

O.P. Jindal Institute of Technology & Skills, Angul

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O.P. Jindal School, Raigarh

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O.P. Jindal Institute of Technology & Skills, Jharkhand

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Graduate Engineer Trainees (GETs)Scheme

Attracting & recruiting high-potential, talented employees for

JSPL
Grooming GETs into JSPL Engineers that will cater to the needs of our Organization

Grooming Engineers by imparting deep experiential knowledge at

the Workplace Developing leadership pipeline for the organization

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 Round I : Online Test (Aptitude + Domain)

Round II: Group Discussion Round III: Personal Interview (Technical & HR Round)

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 Induction & Orientation

Technological & Behavioral Input

Management Development Program On the Job Training

Final Deployment

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All GETs will undergo 1 Year Training

Focus Areas: Business Overview Training on Steel Making, Power Generation and Transmission Technology Managerial Development Programs

Plant Visits
On the Job Training

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Place of Posting :
Anywhere in India where plant/unit/project situated. Like as: Chhattisgarh (Raigarh, Raipur, Tamnar, Dongamuha) Odisha (Angul, Barbil, Tensa) Jharkhand (Patratu, Dumka, Godda, Ranchi) Arunachal Pradesh (Hydro Project)

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Compensation

B.Tech Candidates
Compensation Amount per Annum
Rs. 4.40 Lakhs per annum Rs. 5.30 Lakhs per annum

Grade
Graduate Engineer Trainee (GETs) Junior Manager

During Training On Confirmation Retention Bonus

Retention bonus maximum of Rs 3 Lakhs on completion of 3 Years of service from DOJ. No retention bonus shall be payable if employee leave the company before 3 years.

Service Agreement for 3 Years, if employee breach the Service Agreement employee shall be liable to pay an amount Service Agreement maximum of Rs3 Lakhs to the company, on pro-rata basis, based on the period employee have rendered service to the company.

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COMPENSATION STRUCTURE : GET Sl.No. A B C Basic Salary Flexible Compensation Plan Employer's Contribution to PF TOTAL FIXED PAY Particulars Salary Monthly (in ) 13600 18719 1632 33951 Annual (in ) 163200 224623 19584 407407

D
E

Target Variable Pay

COST TO COMPANY (A+B+C+D) Additional Benefits Gratuity

2716
36667 654

32593
440000 7850

GPAI (as per Co. Policy)

Medi-Claim (as per Co.Policy) Grand Total (A+B+C+D+E)
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143
250 37714

1716
3000 452566

THANK YOU

Copyright 2010 Jindal Steel & Power Ltd.