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Thus, The Steel Authority of India Ltd. (SAIL) was established on 24 January 1973, with an authorized capital of ₹2,000 crore (US$250 million). SAIL's mandate included managing five integrated steel plants and two specialty plants. In 1978, SAIL underwent restructuring to function as an operating company. [8]
Salem Steel Plant (SSP), a unit of Steel Authority of India Limited (SAIL), is a steel plant involved in the production of stainless steel. [1] It is located along the Salem — Bangalore National Highway 44 in the foothills of Kanjamalai in Salem district , Tamil Nadu , India.
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 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. It is governed by Asansol Municipal Corporation. [1]
NSPCL [2] [3] (NTPC-SAIL Power Company Limited) is a joint venture of National Thermal Power Corporation [4] and Steel Authority of India Limited. [5] engaged in power generation primarily to meet the captive power requirement of various steel plants of SAIL throughout India. [6]
A pipe plant and special plate plant were set up during the 1970s for production of ERW pipes and steel plates for defense requirements. NSPCL, [21] a joint venture company of NTPC Limited and SAIL, set up a captive power plant of 120 MW capacity to be self-sufficient. Rourkela Steel Plant undertook a modernization program in 1988 with an ...
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SAIL-POSCO JV Steel Plant: Steel minister Sri Virbhadra Singh has announced another new steel plant for Bokaro as part of a joint venture with Posco and SAIL by using FINEX technologies for high quality steel. The capacity of the plant will be 1.5 mt, establish in BSP periphery of 500 acres (2.0 km 2). [28] [29] [30]