Keyword : SAIL

Okay for NTPC - SAIL

NTPC - SAIL Power Company has been provided environment clearance for expansion of its Durgapur captive power plant in West Bengal with an investment of Rs 362 crore. The company is

Okay for NTPC - SAIL

NTPC - SAIL Power Company has been provided environment clearance for expansion of its Durgapur captive power plant in West Bengal with an investment of Rs 362 crore. The company is

NSPCL pays Dividend to NTPC

NTPC-SAIL Power Company Pvt. Ltd (NSPCL), a 50:50 joint venture of NTPC Limited and Steel Authority of India Limited (SAIL), paid total dividend of Rs100 crore for the year 2014-15 which is 10.20%

Strategic disinvestment of Salem Steel Plant approved

The government has given in principal approval of strategic disinvestment of Salem Steel Plant (SSP) – the loss-making subsidiary of the country’s biggest steelmaker Steel Authority of

SAIL’s net loss declines to Rs 730 cr

Country’s largest steelmaker-- Steel Authority of India Limited (SAIL) on Thursday claimed of registering slump in standalone net loss at Rs 730.72 crore for the quarter ended September 30, h

PSU capex plans not impacted by negative cash flow

State-owned enterprises aren’t holding back on their capital expenditure (capex spends) even though there has been negative cash flows last year. Many are utilising the profits generated in t

SAIL`s Rourkela plant posts best ever crude steel output

 Steel Authority of India Ltd’s (SAIL) unit Rourkela Steel Plant has posted its best ever single day crude steel output of 11,285 tonne from its two steel melting shops — SMS-I and

Steel policy to boost steel production to 300 million tonnes by 2030-31

Minister of steel Chaudhary Birender Singh chaired a meeting of the parliamentary consultative committee attached to the ministry of steel in New Delhi on initiatives taken by the steel ministry to

SAIL’s Bhilai plant gets Rs 1,200 cr universal rail mill

A universal rail mill (URM) built at a cost of Rs 1,200 crore at steel authority of India ltd’s (SAIL) Bhilai steel plant has been unveiled recently. The commencement of the new facili

SAIL Q3 FY17 gross turnover grows by over 25%

Steel authority of India ltd. (SAIL) registered an increase in total sales by 16 per cent and 12.5 per cent for the April-December (9M) period and quarter third (Q3) of 2016-17 fiscal with 9.66 mil

SAIL’s Salem plant supplies steel to ISRO’s 104 satellites

The steel authority of India limited (SAIL), a Maharatna enterprise, has added another feather to its cap by supplying steel to Indian space research organisation (ISRO) for the launch of a recor

PSUs under steel ministry must share resources: Minister

Steel minister Chaudhary Birender Singh has directed a high-level coordination committee comprising CMDs and top ministry officials to be constituted for pooling and sharing of resources among PS

Govt approves disinvestment of SAIL subsidiaries

The government has accorded in-principle approval for strategic disinvestment of three units of Steel Authority of India Limited (SAIL), a Maharatna PSU, namely Visveswaraya Iron and Steel Plant

SAIL records best ever annual sales in 2017 fiscal

Steel Authority of India Limited (SAIL) has registered the best ever sales performance for any given year during 2017 fiscal (Apr-Mar 2017) with a growth of 8 p

SAIL chairman looks forward to higher sales in 2017-18 FY

Steel Authority of India Ltd (SAIL)’s chairman P K Singh recently reviewed the strategic sales initiatives charted out by the company’s marketing team for the current financial year a

India is second largest stainless steel producer in the world: steel minister

Chaudhary Birender Singh, minister for steel, said that the Indian steel industry is at the cusp of a significant milestone by becoming the second largest stainless steel producer in the world, l

SAIL supplied 90% steel for Dhola-Sadiya bridge

 Steel Authority of India Ltd. (SAIL) has said that it was the main supplier of steel for constructing Assam’s Dhola-Sadiya bridge, which is the longest bridge in the country.

SAIL improves sales turnover

 SAIL has narrowed down its losses by around 30 percent in 2016-17 fiscal and posted an overall improvement in production, sales and productivity. The steel authority said that its E

3 SAIL plants to be disinvested

The government has accorded in-principle approval for strategic disinvestment of three units of Steel Authority of India Limited (SAIL) viz, Visveswaraya Iron and Steel Plant, Bhadravati, Salem S

SAIL achieves significant growth in turnover

 Steel Authority of India Ltd (SAIL) clocked a turnover of Rs 12,860 crore in the first quarter of 2017-18 FY, registering a growth of 26 percent over the turnover of Rs 10,180 crore achieved

Product differentiation is key to beat competition: SAIL chief

 Steel Authority of India Ltd. (SAIL) chairman, PK Singh, during his recent visit to SAIL’s Rourkela Steel Plant (RSP), laid emphasis on product differentiation and said the enterprise h

SAIL pins hope on IISCO plant to increase market share

 Steel Authority of India Ltd. (SAIL) chairman PK Singh has said that IISCO steel plant (ISP) has the potential to enable SAIL to take its market-share in long products from to existing seven

Steel minister seeks stronger ties between Australia, India

 Union steel minister Chaudhary Birender Singh has invited Australian government and businesses to be a part of the ambitious growth and development opportunities available in India.

Sail supplies 80% steel for Sardar Sarovar project

Maharatna enterprise Steel Authority of India Limited (SAIL) has said that it supplied 80 percent steel required for construction of the Sardar Sarovar Project unveiled by prime minister Narendra

SAIL to leverage domestic growth potential

Steel authority of India (SAIL) chairman PK Singh expressed confidence on improving the performance of the Maharatna PSU in the current fiscal because of a host of initiatives in almost every area

SAIL signs pact with POSCO

 Steel authority of India limited (SAIL), India’s largest steel producer, has inked a strategic agreement with POSCO for technical services for the enterprise’s IISCO Steel Plant (

SAIL`s special grade steel used to build stealth corvette

Maharatna enterprise, Steel Authority of India Ltd. (SAIL) has supplied defence grade micro-alloyed grade of steel (DMR 249A) steel plates for the indigenously built anti-submarine warfare (ASW) st

SAIL told to increase production

 Union steel minister Birender Singh criticised Steel Authority of India (SAIL) officials for tardy progress in critical areas of strategic importance.    The m

SAIL posts 21% net sales revenue growth

 Steel Authority of India Ltd has added another feather to its cap by registering 21 percent growth in net sales revenue of Rs 13,442 crore in the second quarter of current fiscal. In the corr

SAIL’s steel used for Delhi Metro’s magenta line

 Consolidating its partnership with major metro networks across the country, SAIL has supplied around 55,000 metric tonnes of steel for the Delhi Metro’s newly commissioned magenta line.

Be bold in decision making: SAIL chief

Chairman SAIL PK Singh has exhorted employees to be bold in decision making. He was speaking at a function held at IspatBhawan, Lodhi Road which was telecast through video conferenci

Blast furnace of SAIL’s Bhilai plant blown in

Achieving an important milestone towards the completion of its modernisation and expansion programme, SAIL’s Bhilai Steel Plant (BSP) has blown in the blast furnace (BF) number 8 –Maham

SAIL clocks Rs 82 crore profit before tax in Q3

Steel Authority of India Ltd (SAIL) has earned profit before tax (PBT) of Rs 82 crore in the third quarter of the current financial year (Q3 2018FY).   Maintaining strong

SAIL promotes structural steel by organising workshops

To familiarise people with various steel usages for boosting domestic steel consumption, SAIL is organising workshops titled ‘SAIL Structurals –The Future of Steel Design’ across

SAIL’s Rourkela steel plant blast furnace blown in

Steel Authority of India Ltd first blast furnace Parvati situated at SAIL’s Rourkela Steel Plant (RSP) has been rebuilt and is successfully blown in recently. The blast furnace

SAIL supplies 10,500 tonnes of steel in Kishanganga hydroelectric power project

SAIL has supplied 10,500 tonnes of steel for the 330 mega watt hydroelectric project, featuring three power generating units of 110 MW each. The enterprise’s steel supply consists of TMT reba

Rs 816 crore net profit for SAIL in Q4 17-18 FY

SAIL has recorded a net profit of Rs 816 crore in the fourth quarter of the 2017-18 FY. This comes after making a provision of Rs 582 crore towards enhanced gratuity recently approved by the centre

Govt plans to install 300 mn tonnes of steel capacity by 2030, says steel minister

Chaudhary Birender Singh says SAIL is at par with any other international steel enterprise   Union minister of steel Chaudhary Birender Singh has said that SAIL is a

SAIL’s Durgapur plant delivers wheels to Kolkata Metro

In its bid to give a thrust to Make in India programme, Steel Authority of India Ltd’s (SAIL) Durgapur Steel Plant dispatched the first consignment of metro coach wheels to Kolkata Metro.

SAIL’s three cadets win scholarship under Khelo India Talent Identification Development scheme

Three cadets of Hockey Academy of SAIL, Rourkela Steel Plant have clinched Sports Authority of India’s scholarship under Khelo India Talent Identification Development scheme. T

SAIL’s turn over up by 22.42% in Q1

SAIL has posted a profit after tax of Rs 540.43 crore in the first quarter of the current fiscal. SAIL’s turnover in Q1 2018-19 FY rose by 22.42 percent over the corresponding period of the p

SAIL Q1 turnover increases by 22.42%

Steel Authority of India Ltd. (SAIL) has clocked a profit after tax (PAT) of Rs 540.43 crore in the first quarter (Q1) of current fiscal. SAIL’s turnover in Q1 2018-19 rose by 22.42 per cent

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