2JBIL – A Brief ProfileFirst Company in West Bengal to start operation by setting up a Sponge Iron Plant.Executed 1 MT fully integrated green field steel manufacturing facilities within a short span of 4 years .First to set up Waste Heat Recovery Power Plants in West Bengal. Presently, 111 MW Power Plants are operational.Presence in mineral rich states of the country viz. West Bengal, Chhattisgarh & Jharkhand.Entire value chain of steel manufacturing from processing iron ore to manufacturing finished products.Acquired Steel division of HEG Ltd. and Nilachal Iron & Power Ltd. in the FYSuccessfully raised equity from IPO, Private Placements and QIP Route.
5Shareholding Pattern No. of shares 63.7 million Share Capital Rs.637 millionMarket CapRs.16.5 billionNet DebtRs.15.9 billionNet WorthRs.9950 millionDebt Equity Ratio1.59
6The Business Model (Full Flexibility) Iron Ore / FinesPresently from MarketAllocated (will take 3 Years)Non coking coalDumri 37 MT by FY 11Coking coalRohne 17 MT by FY 12Coal Washery0.26 MT +Sinter0.608 MTCoke Oven 0.35 MT by FY 12(Coke Presently from Market)1.0 MTDRI0.45 MT +Pig Iron / Hot metal0.51 MT0.06 MTInduction Furnace Billets0.473 MTElectric Arc Furnace0.433 MTCPP111 MWDuctile Iron Pipe0.240 MTTMT Rods0.300 MTLegendInstalledFerro Alloys0.106 MTUnder InstallationMaterial MovementSales PointsSalesFree FuelPower Captive Use
7Project Implementation 2010TPADuctile Iron Pipe30 MW Power200925500 MTPAFerro AlloyTPAAlloy Steel Billets6.2 MW Power2008TPAMS BilletsTPASponge IronTPASinter Plant12.8 MW power200751000 TPA Ferro AlloyTPA MS BilletsTPA Re-Rolling MillTPA Pig Iron50 MW Power200688210 TPAMS BilletsTPA Coal Washery200531118 TPA Ferro Alloy88210 TPAMS Billets40250 TPA Pig Iron Plant12 MW Power Plant2004TPA Sponge Iron2003Journey of the excellent project execution40250 TPA Pig iron Plant80000 TPA Re-Rolling Mill200179200 TPA MS IngotTPA Sponge iron
8Existing Facilities Existing Facilities Capacity Sponge Iron 445000 MT Pig IronMTMS BilletsMTAlloy Steel BilletsMTFerro AlloyMTSinterMTRolling MillMTDuctile Iron PipesMTCoal WasheryMTCaptive Power Plant111 MWRailway Rakes under WIS4 (61 wagons each)Pvt. Railway SidingDurgapur , Muripar & Barbil
9Brownfield expansions Low Incremental Capex as compared to substantial margin expansionCapex DescriptionCapacityCapex (mn.)TimelineBenefitsSponge Iron0.06 MT400.0FY 11JBIL will be short in captive metallics in the FY11. Proposed Unit planned at Jharkahnd where land and other infrastructure is already available and coal mine starting in the FY 2011.Non Coking Coal Mine and WasheryPeak Capacity MT950.0Will reduce cost of DRI by around Rs.1400 per ton. JBIL has 0.45 MT existing DRI capacity. Reserves sufficient for more than 30 years.Coking Coal MinePeak Capacity 0.56 MT250.0FY 12Will reduce cost of hot metal by around Rs.5000 per ton. JBIL has 0.51 MT Blast Furnace capacity. Reserves sufficient for more than 30 years. Additional waste heat sufficient for 20 MW power.Coke Ovens0.35 MT3620.0Roads & infrastructure for existing Durgapur plants290.0Since all the capex of the Durgapur plant is complete, Roads, Drainage and other infrastructure at the plant shall also be complete.Total5510.0
10Manufacturing Facilities post completion Backward IntegrationNon Coking Coal Mine 37 Million tonsCoking Coal Mine 17 Million TonsSinter Plant Coke Oven Captive Power Plant [111 MW]Coal Washery [ ]3 Private Railways siding4 Railways rakesMetallic's [ ]Sponge Iron Pig ironMetal Capacity M.S Billets Alloy Steel Billets Finishing LinesTMT Rolling Mills Ductile Iron Pipes Ferro Alloys 
13Existing Power Generation Capacities The company is operating 111 MW of captive power at its integrated Power Plants .Power is generated by utilizing waste gases of Sponge Iron, Blast Furnaces & solid wastes such as dolochar & coal fines generated from the integrated operations.Total cost of power generation including depreciation & interest is around Rs.1.25 wherein cost of fuel is around Re.0.65 per unit.The Power plant has strong grid support wherein total power requirement for the integrated steel operation is approximately 145 MW.The company has tie-ups with DVC & DPL for the balance requirement of Rs.2.75 per unit.Power Plants eligible for CDM benefits under Kyoto Protocol.
14Project Purulia – Green field expansion 5 MT Steel+1215 MW Power3 MT CementProject Site1130 Acres Land&Coal Blocks ofAppx 700 Mn ton ofSuperior GradeRanigunj CoalUpdate
15Project Purulia- Updates & Plans Signed MoA with the Govt. of WB to set up an 5 MT integrated steel plant, 3 MT Cement Plant and 1215 MW Power Plant at Raghunathpur, Purulia.JBIL has already been handed over approx 1130 acres of land for the project.Captive Coal Mines for steel making and power plants already available and under development.Water Drawl Permission, Railway Traffic Clearance & in-principle approval from State Electricity Board for construction power already in place.Application for environment clearance submitted, Public Hearing complete and TOR received.Project to be completed in modular fashions in phases.Phase I planned to be of 2 MT metallic and 400 MW of Power, work starting in the FY 2011.
16Captive Resources – Coal Coking & Non coking JBIL has been one of the largest allottee of coal blocks for captive consumption in steel making for its existing facilities and Greenfield Purulia project in West Bengal due to the excellent track record of project execution.Coking coal block of Rohne: JBIL's share in the reserves is 17m tons in Joint Venture with two other companies. The block is expected to commence in FY 12.Non-coking coal at Dumri: This coal block was allotted to its subsidiary, Nilanchal Ispat (NIPL), in Jharkhand. NIPL's share is 38m tons in this block. Forest clearance is expected soon because there are only few trees in the mine area. Mining is likely to commence in FY 11.Non-coking coal at Ardhgram, West Bengal: JBIL's share in reserves is 15-16%, equivalent to 4m tons. This is a small block where mining should start in 2-3 years.Non-coking coal at Andal, West Bengal: JBIL's share is 33%, equivalent to m tons. Coal mining will start in 48 months.Non-coking coal at Jagannathpur A & B, West Bengal: These blocks have been allotted to West Bengal Mineral Trading Development Corporation (WBMTDC). On 4 October 2007, Government of West Bengal (GoWB), West Bengal Industrial Development Corporation (WBIDC), WBMTDC signed an agreement with JBIL to provide these blocks to JBIL for setting up an integrated Greenfield steel plant. Already started exploration and drilling activities for development. Theses mines will be a source of low cost coal in three years
17Thank You ! Safe Harbor Statement : Some forward looking statements on projections, estimates, expectations & outlook are included to enable a better comprehension of the Company prospects. Actual results may, however, differ materially from those stated on account of factors such as changes in government regulations, tax regimes, economic developments within India and the countries within which the Company conducts its business, exchange rate and interest rate movements, impact of competing products and their pricing, product demand and supply constraints.Nothing in this article is, or should be construed as, investment advice.