Jindal Steel & Power Limited (JSPL) is a sponge iron manufacturer in India. JSPL produces 121 metre rails and large size parallel flange beams. JSPL operates coal-based sponge iron plant, with an installed steel manufacturing capacity of three metric tons per annum (MTPA) at Raigarh in Chhatti sgarh. As of March 31, 2012, its installed capacity at its Raigarh Unit include 13,70,000 metric tons of sponge Iron; 30,00,000 metric tons of mild steel; 36, 000 metric tons of ferro alloys; 893 megawatts of power; 16,70,000 metric tons of hot metal/pig iron; 7,50,000 metric tons of rail and universal beam mill; 10,00,000 metric tons of plate mill, 12,00,000 metric tons of fabricated structures; 5,00,000 metric tons of cement plant, and 6,00,000 metric tons of medium and light section mill. The Company operates intwo segments: iron and steel, and power. In September 2012, its subsidiary, Jindal BVI Limited (JBVI), acquired CIC Energy Corp. (CIC) by way of a merger of JBVI and CCI.