Wednesday, August 30, 2006 16:31 IST
\nMinistry of Steel
\nSTEEL MINISTER ASKS SAIL TO GEAR UP
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\nThe Steel Minister, Shri Ram Vilas Paswan, has called upon the Steel Authority of India Limited (SAIL) to modernize and expand itself to meet the growing demand of steel in the country.<\/p>\n","protected":false},"excerpt":{"rendered":"
Addressing the company\u2019s directors here, he said SAIL\u2019s growth plan needs to be completed within three years instead of five as scheduled earlier. He called upon them to take all steps to make the organization strong enough not only to withstand all impediments but develop into a leading international enterprise as well. Shri Paswan asked the SAIL management to opt only for the best proven technology and never compromise while implementing the modernization and expansion plans. He directed them to speed up the expansion of its distribution network covering each district in the country to make quality steel available to the consumers.<\/p>\n
The SAIL Board accorded approval for three new projects at an estimated cost of Rs. 350 crore. The projects cleared include the re-building of the Coke Oven Battery (COB) No.6 at the Bhilai Steel Plant (BSP) at a cost of Rs. 176 crore. This project will help the BSP meet its coke requirement for enhanced hot metal capacity envisaged in its modernization and expansion plan on a sustained basis. It would be the 6th COB of SAIL to be taken up for revamping and retrofitting with the state-of-the-art pollution control measures under this growth plan.<\/p>\n
Another project approved at the SAIL Board Meeting was installation of a computerized project system at the Steel Melting Shop (SMS)-II of the Bokaro Steel Plant at a cost of Rs. 31 crore. The on-line process system is the latest of its kind and will be integrated with the existing system for improvement in the quality of steel produced by SMS-II and for upgrading its efficiency.<\/p>\n
As on date, projects involving a total investment of around Rs. 17,300 crore are under various stages of implementation by SAIL. Among the major projects is the Rs. 1,553 crore expansion plan for the Salem Steel Plant.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[5],"tags":[],"class_list":["post-80","post","type-post","status-publish","format-standard","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/citynews.co.in\/index.php?rest_route=\/wp\/v2\/posts\/80","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/citynews.co.in\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/citynews.co.in\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/citynews.co.in\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/citynews.co.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=80"}],"version-history":[{"count":0,"href":"https:\/\/citynews.co.in\/index.php?rest_route=\/wp\/v2\/posts\/80\/revisions"}],"wp:attachment":[{"href":"https:\/\/citynews.co.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=80"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/citynews.co.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=80"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/citynews.co.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=80"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}