Jindal Steel and Power (JSPL) is planning to restart mining coal from two of its stalled projects in Australia as it expects to get regulatory clearances from Canberra soon.
The company holds majority stakes in Wollongong Coal (WLC), which used to operate Russell Vale Colliery and Wongawilli Colliery in the Southern Coalfields Region of New South Wales. WLC had to suspend operations at its Russell Vale Colliery in September because of regulatory issues. WLC was shut for maintenance in August but it now needs government approvals to restart mining.
JSPL is a part of Jindal Group and is a leading player in Steel, Power, Mining, Oil & Gas and Infrastructure. The company produces economical and efficient steel and power through backward integration from its own captive coal and iron-ore mines and passes on the benefits to its customers.
