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Disinvestment: In-principle approval for three SAIL units

Plants modernized and upgraded

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Plants modernized and upgraded

 

SAIL.
SAIL’s Salem Plant.

In-principle approval has been given for disinvestment of three units of Steel Authority of India Limited (SAIL), Steel Minister Dharmendra Pradhan said in a written reply in the Rajya Sabha on 10 July 2019.

These units are: Visveswaraya Iron & Steel Plant (VISP), Bhadravati, Karnataka, Salem Steel Plant (SSP), Tamil Nadu and Alloy Steel Plant (ASP), Durgapur, West Bengal.

However, he conceded that the three units have consistently made losses.

Meanwhile, SAIL has modernized and expanded Integrated Steel Plants at Bhilai (Chhattisgarh), Bokaro (Jharkhand), Rourkela (Odisha), Durgapur (West Bengal) & Burnpur (West Bengal) and Special Steel Plant at Salem (Tamil Nadu) to enhance its Crude Steel capacity.

Besides other facilities, high capacity Blast Furnaces (>4000 m3 volume), modern Steel Melting Shops and new state-of-the-art Rolling Mills have been installed which have the capability to produce various value added products.

For improving market viability of products from the new mills, the initiatives taken by SAIL in the area of Marketing, inter-alia, include the following:

Dedicated cross functional teams.

Parallel Flange Structural from Universal Structural Mill (USM) at ISP & Medium Structural Mill (MSM) at DSP branded as SAIL“NEX’.

A new brand of TMT bars named SAIL “SeQR” for safer construction launched.

Various Seminars on the theme “New Challenges in Steel Design & Construction” have been organized to showcase the wide ranging applicability of structural sections as well as advantages of Design and Construction using SAIL structurals and Parallel Flange Beams.

In total, SAIL has five Integrated Steel Plants viz. Bhilai Steel Plant (BSP), Durgapur Steel Plant (DSP), Rourkela Steel Plant (RSP), Bokaro Steel Plant (BSL) and IISCO Steel Plant (ISP) and three Special Steel Plants viz. Alloy Steels Plant (ASP), Salem Steel Plant (SSP) and Visvesvaraya Iron and Steel Plant (VISP). fiinews.com

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