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Govt to expand Bhilai Steel Plant at Rs 17,266 cr

Govt to expand Bhilai Steel Plant at Rs 17,266 cr

The Bhilai Steel Plant's turnover for the last April-September period is Rs 8,406 crore and the Profit Before Tax (PBT) earned by the company is Rs 940 crore, said the Union Minister of Steel Beni Prasad Verma in Lok Sabha on December 9. The company is being expanded at Rs 17,266 crore, he added.

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Govt to expand Bhilai Steel Plant at Rs 17,266 cr

Govt to expand Bhilai Steel Plant at Rs 17,266 cr

The Bhilai Steel Plant's turnover for the last April-September period is Rs 8,406 crore and the Profit Before Tax (PBT) earned by the company is Rs 940 crore, said the Union Minister of Steel Beni Prasad Verma in Lok Sabha on December 9. The company is being expanded at Rs 17,266 crore, he added.

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Bhilai plant despatches advanced rails to Railways

Bhilai plant despatches advanced rails to Railways

Steel Authority of India's (SAIL) Bhilai Steel Plant (BSP) recently despatched the first lot of indigeneously developed specialized rails known as 'thick web asymmetric rails' to Indian Railways. This is an advanced 'switch point rails' that is utilised at the 'crossover point' in railway tracks. This would help Railways modernize its track for coping with increased speed and heavier axle loads. Indian Railways will benefit from

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SAIL produces 10.7 mn t hot metal in 9 months

SAIL produces 10.7 mn t hot metal in 9 months

Production of hot metal stood at 10.7 mn t for Steel Authority of India (SAIL) during April-December (2012-13), while that of crude steel was at 10.09 mn t. Its output increased 2 per cent to 9.25 million tonne (mn t) during this period, over the same period in 2011-12. During the period under review, the company said the rate of growth in the saleable steel production at par with the g