SAIL signs pact with POSCO

POSCO will provide technical supervising service like its know-how relating to operation and maintenance of coke making, iron and steelmaking

GN Bureau | October 9, 2017


#PSU   #POSCO   #SAIL   #steel   #IISCO Steel Plant  

 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 (ISP) at Burnpur to assist in realising the benefits from its new plant.

As per the agreement, POSCO will provide technical supervising service like its know-how relating to operation and maintenance of coke making, iron and steel-making, continuous casting process, cold dust injection operation and wire-rod mills. 
 
SAIL said that the pact is a result of an earlier MoU on technical collaboration for operational improvement and human resource development which SAIL and POSCO had entered into in November, 2016.
 
The newly expanded SAIL-ISP plant is significantly ramping up production from its new facilities and the 0.55 million tons wire rod mill shall soon be producing world class wire rods in special grades to meet both domestic and international requirement.
 
This technical agreement will pave the way for sharing of best practices in the area of technology and maintenance which will immensely benefit SAIL-ISP in reaping benefits from its modernised units faster.
 

Comments

 

Other News

Understanding Bharat’s history from its own perspective

Eminent Distorians: Twists and Truths in Bharat`s History By Utpal Kumar BluOne Ink, 334 pages

‘MAGA’ + ‘MIGA’ = ‘MEGA’ partnership for prosperity: Modi

Prime minister Narendra Modi has linked the dream of a Viksit Bharat with US president Donald Trump’s slogan, ‘Make America Great Again’, or ‘MAGA’, saying that when these two democracies work together, i.e. ‘MAGA’ plus ‘Make India Great Again’ (‘

ONOE: Anti-federalism or pro-reform?

The government`s move to implement ‘One Nation, One Election’ (ONOE) has ignited widespread debate. On one hand, it offers tangible benefits, such as removing the possibility of a governance paralysis and reducing election costs. On the other hand, the opposition and sections of civil society s

PM Surya Ghar: Muft Bijli Yojana completes first year

On February 13, 2025, the PM Surya Ghar: Muft Bijli Yojana (PMSGMBY) will mark its first anniversary, celebrating a year of empowering households with affordable solar energy and accelerating India’s transition to a sustainable future. Launched by prime minister Narendra Modi on Febru

How to leverage AI to solve urgent global issues

The world seems to be hurling towards World War III in all the possible scenarios: hot war, cold war, and proxy war. The battleground seems to have expanded beyond physical to digital or virtual/mixed reality with technology like drones. Moreover, the line between civilian and military targets seems to hav

Budget: Progress towards SDGs and areas for improvement

The Union Budget 2025-26 outlines India`s vision for economic and social growth while also reflecting the country`s commitment to sustainable development. As India moves closer to the 2030 deadline for the United Nations’ Sustainable Development Goals (SDGs), this budget presents a balanced approach

Visionary Talk: Amitabh Gupta, Pune Police Commissioner with Kailashnath Adhikari, MD, Governance Now



Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter