Jindal Steel & Power (JSPL) has set a target of reducing its net debt by more than Rs 10,000 crore to below Rs 30,000 crore in the next two years. The company has successfully reduced its net debt by more than Rs 4,000 crore in the last fiscal and will continue to work towards doubling the EBITDA in the next 2-3 years.
JSPL is one of India’s fastest growing and largest integrated steel manufacturers, significantly present in Steel, Power Generation and Infrastructure segments and catering to a large part of India's domestic energy and infrastructure requirement.