According to a statement from the Research & Development Centre for Iron & Steel (RDCIS), the centre completed five memorandum of understandings (MoU) projects and 54 planned R&D projects during the 2012-13.
These projects and the MoU would result in a financial benefit of Rs 570 crore, the corporate unit of the SAIL said in the statement.
According to the statement, the financial benefit was achieved through cost reduction and value addition.
It has also earned Rs 2.2 crore by providing technical service to external organisations, it added.
RDCIS had developed 24 new steel products which would cater to the Indian Railways, Neutrino Observatory of BARC, construction, oil & gas and power transmission sectors of the country.
In 2012, the centre secured the prestigious Golden Peacock Innovation Management Award. The technologists of this centre bagged 24 awards during the period, release said.
Leave a Reply
You must be logged in to post a comment.