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Jindal Steel & Power MD on expansion plans, capex and more
JSPL, the steel company, is focused on expansion and doubling the capacity of its plants in Odisha and Raigarh. The company plans to fund this expansion through internal accruals, as it has a low debt level. JSPL has stated that its debt will not exceed 1.5 times its EBITDA. The company is also awaiting clearances to begin production in its recently acquired mines.
