Durgapur plant started showing improved performance, says steel minister

Alloy steel plant has a diverse product portfolio of over 400 grades critical in end-use by strategic sectors

GN Bureau | December 3, 2018


#Durgapur steel plant   #steel   #Chaudhary Birender Singh  

Steel minister Chaudhary Birender Singh who recently visited Durgapur-based alloy steel plant (ASP) said the plant has started showing improved performance both in physical and financial terms.

 
He also said the plant is geared up to make net profit from next year.
 
ASP has a diverse product portfolio of over 400 grades critical in end-use by strategic sectors like, defence, railways, automobiles, power plants, heavy engineering and manufacturing industries, including steel plants. ASP was established in 1965 under Hindustan Steel Limited, now SAIL, to ensure India’s self-reliance in alloy and special steels production.
 
Chaudhary also visited the Durgapur Steel Plant (DSP) and said DSP's commensurate growth plan has been duly considered in tune with the National Steel Policy of producing 300 metric tonne of steel by 2030-31.
 
He said SAIL needs to be more profitable and retain its leadership position in the market. Chaudhary also spoke about development in the township and the necessity for providing better medical facilities at the DSP Main hospital.
 
 

Comments

 

Other News

India faces critical shortage of skin donors amid rising burn cases

India reports nearly 70 lakh burn injury cases every year, resulting in approximately 1.4 lakh deaths annually. Experts estimate that up to 50% of these lives could be saved with adequate access to skin donations.   A significant concern is that around 70% of burn victims fall wi

Not just politics, let`s discuss policies too

Why public policy matters Most days, India`s loudest debates stop at the ballot box. We can name every major leader and recall every campaign slogan. Still, far fewer of us can explain why a widow`s pension is delayed or how a government school`s budget is actually approved. That

When algorithms decide and children die

The images have not left me, of dead and wounded children being carried in the arms of the medics and relatives to the ambulances and hospitals. On February 28, at the start of Operation Epic Fury, cruise missiles struck the Shajareh Tayyebeh school – officially named a girls’ school, in Minab,

The economics of representation: Why women in power matter

India’s democracy has grown in scale, but not quite in balance. Women today are active participants in elections, influencing outcomes in ways that were not as visible earlier. Yet their presence in legislative institutions continues to lag behind. The Nari Shakti Vandan Adhiniyam was meant to addres

India will be powerful, not aggressive: Bhaiyyaji

India is poised to emerge as a global power but will remain rooted in its civilisational ethos of non-aggression and harmony, former RSS General Secretary Suresh `Bhaiyyaji` Joshi has said.   He was speaking at the launch of “Rashtrabhav,” a book by Ravindra Sathe

AI: Code, Control, Conquer

India today stands at a critical juncture in the area of artificial intelligence. While the country is among the fastest adopters of AI in the world, it remains heavily reliant on technologies developed elsewhere. This paradox, experts warn, cannot persist if India seeks technological sovereignty.


Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter