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

An ode to the cradle of humankind

The Alphabets of Africa: Poems By Abhay K. Vintage Classics, 280 pages, ₹499.00   Abhay K

Ahmedabad district railway network to be expanded

The Cabinet Committee on Economic Affairs, chaired by prime minister Narendra Modi, on Wednesday approved the Ahmedabad (Sarkhej) – Dholera Semi High-Speed Double Line project of Ministry of Railways with total cost of Rs. 20,667 crore (approx.). It will be Indian Railways 1st semi high-speed project

Indian Ocean more contested than ever: Western Naval Command Chief

The Indian Ocean is becoming increasingly contested and strategically significant as the Indo-Pacific emerges as the defining geopolitical theatre of the 21st century, Vice Admiral Krishna Swaminathan, Flag Officer Commanding-in-Chief of the Western Naval Command, has said.   Spe

Why the judiciary needs much more than four more judges

India has a particular form of governance theatre: the bold declaration that appears to be action but is actually a way of avoiding action. The Union Cabinet on May 5 approved a Bill to increase the sanctioned strength of the Supreme Court from 34 to 38. The decision has been touted as a step toward judici

Wisdom stories that don’t preach but encourage reflection

The Foundation Of A Fulfilling Life: Lessons from Indian Scriptures Deepam Chatterjee Aleph Books, 264 pages, Rs 899  

Citizens of the Bay: Why BIMSTEC matters now

The international order is drifting into a dangerous grey zone as the very powers that built today`s multilateral system begin to chip away at it. The United States has increasingly walked away from global rules and forums when they no longer suit its interests, while China has rushed to fill the vacuum on


Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter