Company Disclosure
Jindal Stainless Limited (Scrip Code: 532508, JSL) issued a press release on July 09, 2026, announcing that its manufacturing facilities have won multiple awards at the 10th CII National Energy Efficiency Circle Competition 2026.
Event Details
Regulatory Reference: Disclosure to BSE Limited and National Stock Exchange of India Ltd.
Award Recognition
The company's manufacturing facilities at Hisar, Haryana and Jajpur, Odisha were recognized across four award categories at the competition organized by Confederation of Indian Industry (CII) at India Habitat Centre, New Delhi, on July 2-3, 2026.
Hisar Unit Awards:
- National Award for Best Energy Efficient Case Study
- National Award for Best Case Study on Low Carbon/Carbon Neutral Initiative
Jajpur Unit Awards:
- Recognition under Bureau of Energy Efficiency (BEE) PAT/CCTS Scheme
- Recognition for Effective Implementation of ISO 50001 Energy Management System
Project Implementation and Impact
Hisar Unit Achievements:
- Implemented 112 energy efficiency projects over the last four years
- Achieved cumulative greenhouse gas emission reduction of 584,903 tCO₂e through renewable energy and energy efficiency initiatives
- Award-winning initiatives included:
- Waste heat recovery systems
- Adoption of heater-less vaporisers
- Renewable energy integration
- Energy-efficient equipment upgrades
- Green hydrogen applications
Jajpur Unit Achievements:
- Implemented more than 100 energy conservation projects over the last four years
- Achieved cumulative carbon emission reduction of 471,398 tCO₂e
- Award-winning initiatives included:
- Installation of Waste Heat Recovery Boiler (WHRB)
- Adoption of Melt Control System in Electric Arc Furnace (EAF)
- Optimization of Reheating Furnace (RHF)
- Optimization of Chrome Palletisation Plant
- Integration of renewable energy
Management Commentary
Mr. Abhyuday Jindal, Managing Director: "At Jindal Stainless, sustainability is integral to the way we operate and grow. These recognitions by CII reaffirm our commitment to driving innovation that delivers both operational excellence and meaningful environmental impact. As we advance on our decarbonisation journey, we will continue investing in technologies and practices that accelerate India's transition to a low-carbon future while creating long-term value for all our stakeholders."
Mr. Vijay Bindlish, Unit Head – Hisar: "This recognition is a proud moment for the entire Hisar team. It reflects our sustained focus on decarbonisation and energy efficiency as strategic priorities. We remain committed to driving continuous innovation as we progress on our low-carbon and net-zero roadmap."
Mr. Deepak Agrawal, Unit Head – Jajpur: "At Jajpur, energy efficiency has become an integral part of our operational philosophy. Through continuous process optimisation, technology adoption, and disciplined execution, we have consistently improved our energy performance while reducing our environmental footprint. This recognition encourages us to continue raising the benchmark for sustainable manufacturing."
Company Background
Jindal Stainless is India's leading stainless steel manufacturer with:
- Annual turnover of INR 42,955 crore (USD 4.86 billion) in FY26
- Ramping up to 4.2 million tonnes of annual melt capacity in FY27
- 16 stainless steel manufacturing and processing facilities in India and abroad (Spain and Indonesia)
- Worldwide network in 12 countries (as of March 2026)
- 10 sales offices and 6 service centers in India (as of March 2026)
- Product range includes stainless steel slabs, blooms, coils, plates, sheets, precision strips, wire rods, rebars, blade steel, and coin blanks
- Founded in 1970, uses electric arc furnace process that reduces greenhouse gas emissions