Jindal Steel & Power : Press Release on securing of Coal Linkage by the Company

June 19, 2017

The BSE Ltd.

Corporate Relationship Department, 1st Floor, New Trading Ring,

Rotunda Building, P J Towers,

Dalal Street, Fort, Mumbai - 400 001 Security Code No. : 532286

Sub: Press Release Dear Sir(s),

)INDA[V'

STEEL & POWER

The National Stock Exchange of India Ltd. Exchange Plaza, 5th Floor,

Plot No. C/1, G Block

Bandra-Kurla Complex, Bandra (E), Mumbai -400051

Security Code No . : JINDALSTEL

In terms of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requi rements) Regulations, 2015, please find enclosed herewith, a copy of press release on securing of Coal Linkage by the Company.

Kindly acknowledge receipt of the same. Thanking you.

Yours faithfully,

For Jindal Steel & Power Limited

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Ravi Uppal · ·

Managing Director & Group bEQ '

Encl: as above

JindalSteel& Power Limited

Corporate Office JindalCentre, 12 Bhikaiji Cama Place, New Delhi 110 066

CIN No:L27105HR1979PLC009913

T [phone] F [phone] W www.i lndal steelpower. com,E: [e-mail]

Registered Office 0.P. Jindal Marg, Hisar, 125 005, Haryana

JSPL secures 0.511 MTPA coal linkages for Captive Power Plants JSPL bags Coal Linkages for a 5-year duration

Coal Linkages spread over Captive Power Plants at Raigarh and Angul Coal Linkages of close to 2.30 MTPA bagged since 2016

New Delhi, June 19th 2017: Jindal Steel and Power Limited (JSPL), India's leading Steel and Power major, has secured coal linkages of over 0.51Tonne Per Annum in the recently concluded coal linkage auctions under Captive Power Sub-Sector. The coal linkages, i,ecured for a 5-year duration, will provide steady supply of fuel to Captive Power Plants run by the company for its steelmaking operations. The three Captive Power Plants (CPP) of the company are located at Raigarh & Dongamahua (Raigarh District) - both in Chhattisgarh; and for powering its 81O MW CPP in the 6 MTPA Integrated Steel complex at Angul, Odisha.

The coal linkages will ensure a steady supply of thermal coal required to feed the Captive Power Plants at calorific costs significantly beneficial than coal procured through e-auctions.

These coal linkages would further enhance the operational efficiencies of steelmaking at JSPL's recently completed 6 MTPA integrated steel plant at Angul, and at its flagship steel plant at Raigarh. Since, 2016, JSPL has secured coal linkages of close to 2.3 MTPA under various sub-sectors for 5-year timeframe.