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IISCO Steel Plant of Steel Authority of India at Burnpur has a crude steel production capacity of 2.5 million tonnes per year. [1]Established in 1918, the Indian Iron & Steel Company, once the flag ship of the Martin Burn group, was amalgamated with SAIL in 2006 and renamed IISCO Steel Plant.
Burnpur Cement Limited is one of the largest producers of cement in Eastern India. The company has a plant in Asansol, West Bengal, which is functioning since 1991. It has a capacity of 1,000 TPD. The Patratu unit of Burnpur Cement Limited has a production capacity of 800 tonnes-per-day (TPD) cement. [3]
The big shareholder groups in Burnpur Cement Limited (NSE:BURNPUR) have power over the company. Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have ...
SAIL has incorporated another joint venture company with M/s JaiPrakash Associates Ltd to set up a 2.1 MT cement plant at Bokaro utilising slag from BSL. The project implementation is under progress with commencement of cement production likely by July 2011. Bokaro Jaypee cement plant opening ceremony was held by the chief minister of Jharkhand ...
New lines were laid and connections made to facilitate the movement of iron ore to the new steel plants – TISCO and IISCO at Tatanagar and Burnpur respectively. To tap the coal reserves in Jharia, a 115-mile-long (185 km) line connecting Midnapore with Bhojudih was set up in 1903 and extended to Gomoh in 1907.
The strategic goal above is justified because steel consumption in the world, around 1000 million metric tonnes in 2004, is expected to grow at 3.0% per annum to reach 1,395 million metric tonnes in 2015, compared to 2% per annum in the past fifteen years. China will continue to have a dominant share of the demand for world steel.
In the late sixties, IISCo was overwhelmed by acute liquidity crisis arising from: i) Fall in production at Burnpur due to backlog of maintenance, lack of vitally needed spares & components and serious labour trouble ii) Burden of repayment of World Bank loan for Colliery Development and further compounded by Rupee devaluation (1966) iii) Non ...
Burnpur is a captive township of SAIL, the area covered by IISCO Steel Plant and its surroundings in Asansol of Paschim Bardhaman district, in the heart of the mining-industrial belt in the western periphery of the state of West Bengal, India.