Native name | SAIL |
---|---|
Company type | Public |
NSE: SAIL BSE: 500113 LSE: SAUD | |
Industry | Steel |
Founded | 19 January 1954 |
Headquarters | New Delhi, India |
Key people | Amarendu Prakash (Chairman) [1] |
Products | Steel, Metal R&D, flat steel products, long steel products, wire products, Wheel & axle for Indian Railways, plates |
Revenue | ₹106,445 crore (US$13 billion) (2024) [2] |
₹4,903 crore (US$590 million) (2024) [2] | |
₹3,067 crore (US$370 million) (2024) [2] | |
Total assets | ₹140,709 crore (US$17 billion) (2024) [2] |
Total equity | ₹57,101 crore (US$6.8 billion) (2024) [2] |
Owner | Government of India |
Number of employees | 54,431 (1 September 2024) |
Subsidiaries | |
Website | www |
Steel Authority of India Limited (SAIL) is an Indian public sector steel manufacturing corporation based in New Delhi. It is the largest government-owned steel producer, [3] with an annual production of 18.29 million metric tons. [4] Incorporated on 24 January 1973, SAIL has 54,431 employees and is under the administrative control of the Ministry of Steel.
SAIL operates and owns five integrated steel plants at Bhilai, Rourkela, Durgapur, Bokaro and Burnpur (Asansol) and three special steel plants at Salem, Durgapur and Bhadravathi. It also owns a Ferro Alloy plant at Chandrapur. It also has an R&D Centre for Iron & Steel (RDCIS) and a Centre for Engineering in Ranchi, Jharkhand. [5]
Steel Authority of India Limited (SAIL) has a total of 692 patents globally, out of which 343 have been granted. More than 64% of the 692 patents are active. SAIL has filed the maximum number of patents in India, followed by Egypt and Germany.
SAIL traces its origin to the Hindustan Steel Limited (HSL) which was set up on 19 January 1954. It was initially designed to manage only one plant that was coming up at Rourkela.
For Bhilai and Durgapur Steel Plants, the preliminary work was done by the Iron and Steel Ministry. From April 1957, the supervision and control of these two steel plants were also transferred to Hindustan Steel. The registered office was originally in New Delhi. It moved to Calcutta in July 1956, and ultimately to Ranchi in December 1959.
A new steel company, Bokaro Steel Limited (Bokaro Steel Plant), was incorporated on 29 January 1964 [6] [7] to construct and operate the steel plant at Bokaro. The 1 MT phases of Bhilai and Rourkela Steel Plants were completed by the end of December 1961. The 1 MT phase of Durgapur Steel Plant was completed in January 2008.
After commissioning of the Wheel and Axle plant. The crude steel production of HSL went up from 1.58 MT (1959–60) to 1.6 MT. The second phase of the Bhilai Steel Plant was completed in September 1967 after commissioning of the Wire Rod Mill. The last unit of the 1.8 MT phase of Rourkela – the Tandem Mill – was commissioned in February 1968, and the 1.6 MT stage of Durgapur Steel Plant was completed in August 1969 after commissioning of the Furnace in SMS. Thus, with the completion of the 2.5 MT stage at Bhilai, 1.8 MT at Rourkela, and 1.6 MT at Durgapur, the total crude steel production capacity of HSL was raised to 3.7 MT in 1968–69 and subsequently to 4 MT in 1972–73. [8] IISCO was taken over as a subsidiary in 1978 and later merged in 2006.
The hot metal production capacity of the company will further increase and is expected to reach a level of 50 million tonnes per annum by 2025. [9]
The Ministry formulated a policy statement to revamp industry management, presented to Parliament on 2 December 1972. This initiative proposed creating a holding company to oversee both inputs and outputs. 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]
SAIL Integrated Steel Plants
Special Steel Plants
Ferro Alloy Plant
Refractory Plants - SAIL Refractory Unit (SRU)
A 50:50 joint venture between Steel Authority of India Ltd. (SAIL) and National Thermal Power Corporation Ltd. (NTPC Ltd.). It manages the captive power plants at Rourkela, Durgapur and Bhilai with a combined capacity of 314 MW. It has installed additional capacity by implementation of 500 MW (2 x 250 MW Units) power plant at Bhilai. The commercial generation of Unit 1 commenced in April 2009 and the Unit 2 in October 2009.
During FY2013-14, NSPCL generated 6156.091 MU of electricity with a PLF of 86.33%
Established in 2001, A 50:50 joint venture between Steel Authority of India Ltd. (SAIL) and Damodar Valley Corporation (DVC) and is engaged in power and steam generation and supplies power and steam (at various pressures) to SAIL's Bokaro Steel Plant (BSL) located at Bokaro for meeting the process requirement of BSL.
The plant has 9 boilers (5 boilers each of 220 TPH, 3 boilers each of 260 TPH capacity and 1 boiler of 300 TPH) and 7 turbine generators (one 12 MW back Pressure Turbine Generator (TG), 2 TGs each of 55MW capacity, 3 TGs each of 60 MW capacity and one 36 MW back Pressure Turbine Generator. Gg
TPP | BOILER | CAPACITY(T/Hr) | DATE OF COMMISSIONING | MAKE | TYPE |
---|---|---|---|---|---|
1 | 220 | 17.04.1972 | Kransy Kotelsic, Russia | Tπ-156 | |
2 | 220 | 14.07.1972 | |||
3 | 220 | 06.04.1974 | |||
4 | 220 | 15.07.1980 | |||
5 | 220 | 23.06.1980 | |||
TOTAL | 1100 | ||||
CPP | 6 | 260 | 14.11.1985 | Rafaco, Poland | OPG-260 |
7 | 260 | 30.07.1988 | |||
8 | 260 | 19.02.1989 | |||
TOTAL | 780 | ||||
UNIT 9 | 9 | 300 | 02.09.2014 | Alstom India | PCSM00 6071 |
TOTAL | 2180 |
TPP | TURBINE | CAPACITY(MW) | DATE OF COMMISSIONING | MAKE | TYPE |
---|---|---|---|---|---|
1 | 12 (BPTG) | 31.12.1974 | Kaluga Russia | P-12-90-37 | |
2 | 55 | 13.07.1972 | LMZ Russia | K-50-90-4 | |
3 | 55 | 13.10.1973 | |||
TOTAL | 122 | ||||
CPP | 6 | 60 | 25.01.1986 | Zamech Poland | 9K-66 |
7 | 60 | 16.09.1988 | |||
8 | 60 | 31.03.1989 | |||
TOTAL | 180 | ||||
UNIT 9 | 9 | 36 (BPTG) | 02.09.2014 | Skoda, Czech Rep. | PCSM006 071 |
TOTAL | 338 | With 660 TPH (Steam to BSL) |
Mjunction services limited operating in Information Technology and the Internet, is a 50:50 venture promoted by SAIL and TATA Steel. Founded in February 2001, it is today not only India's largest eCommerce company (having eTransacted worth over Rs. 900 billion till date) but also runs the world's largest eMarketplace for steel. [15]
SAIL has incorporated a joint venture company with M/s Jaiprakash Associates Ltd to set up a 2.2 MT slag based cement plant at Bhilai. The company shall commence cement production at Bhilai by March'2010, whereas clinker production at Satna shall start within 2009.
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 shri. Arjun Munda in 2012.
SAIL has incorporated a joint venture company with Manganese Ore (India) Ltd on 50:50 basis to produce ferro-manganese and silico-manganese required for production of steel.
International Coal Ventures Private Limited is a special purpose vehicle set up to achieve the target of making steel PSUs self-reliant in the area of coking coal, a joint venture company has been incorporated composed of five central PSU companies i.e. SAIL, Rashtriya Ispat Nigam Limited (RINL), Coal India Limited and other target countries.
A consortium comprising state-owned NMDC and RINL and private sector steel players—JSW, JSW Ispat, Jindal Steel and Power, and Monnet Ispat and Energy and led by SAIL, plan to invest US$75 million in first phase for the development of Hajigak iron ore mines in Afghanistan. The consortium, in November 2011, had won the mining rights for three iron ore mines which are said to contain 1.28 billion tonnes of rich reserves. [16]
SAIL has decided to outsource development of two virgin iron ore mines at Rowghat in Chhattisgarh and Chiria in Jharkhand with an annual capacity of 14 and 15 million tonnes, respectively. The development of each mine is likely to cost between ₹1,000 crore (US$120 million) – ₹1,200 crore (US$140 million). [17]
A 50:50 JV with Government of Kerala where SAIL has management control to revive the existing facilities at Steel Complex Ltd, Calicut and also to set up, develop and manage a TMT rolling mill of 65,000 MT capacity along with balancing facilities and auxiliaries. [18]
ICVL is a joint venture of five companies owned by the Indian government. Aside from Steel Authority of India Limited, the other venturers are Coal India, Rashtriya Ispat Nigam, National Minerals Development Corporation and National Thermal Power Corporation. ICVL acquired a 65 percent stake in the Benga coal mine from the Rio Tinto Group in July 2014. [19]
SAIL had signed a 50:50 joint venture with RITES for setting up a wagon components manufacturing facility at Kulti in West Bengal's Paschim Bardhaman district. The total investment for this project was ₹205 crore (equivalent to ₹460 croreorUS$55 million in 2023) in West Bengal, and commercial production began from December 2016. [20] [21] [22] It manufactures, sells, markets, distributes and exports railway wagons, including high-end specialised wagons, wagon prototypes, fabricated components/parts of railway vehicles, rehabilitation of industrial locomotives, etc., for the domestic market. [18]
The Government of India owns about 65% of SAIL's equity and retains voting control of the company. However, SAIL, by virtue of its Maharatna status in May 2010, enjoys significant operational and financial autonomy.
Amarendu Prakash is the current chairman. [23]
As of 31 March 2015, SAIL has 93,352 employees, as compared to 170,368 (as of 31 March 2002). There has been a continuous reduction of headcount over the past few years due to enhanced productivity and rationalised manpower.
The total requirement of its main raw material, iron ore, is met through its captive mines. To meet its growing requirement, capacities of existing iron ore mines are being expanded and new iron ore mines are being developed. In addition, new iron ore deposits in the states of Rajasthan, Chhattisgarh, Madhya Pradesh, Maharashtra, Odisha and Karnataka are being explored. Around 24% of its coking coal requirements are met from domestic sources, the remaining through imports. For improving coking coal security, the company is also making efforts for development of new coking coal blocks at Tasra and Sitanalla. [24] SAIL is also India's largest miner of minerals that are involved in the steel making process, such as iron ore and coking coal. [25] During FY 2019–2020, the company mined 32.406 million tonnes of steel making minerals. [25]
SAIL produced 13.9 million tonnes of crude steel by operating at 103% of its installed capacity, which is an increase of 1% over the previous year. It also generated 710 MW of electricity during FY2014-15. [2]
SAIL records turnover of over Rs 1 lakh crore. Steel Authority of India Ltd (SAIL) produced 18.733 million tonnes of hot metal and 17.366 million tonnes of crude steel during 2021–22, its best ever production performance. The increase in turnover coupled with improved operational performance, helped the company achieve its highest-ever numbers in terms of profitability. [26]
Source: [27]
[30] Of the 33 Prime Minister's Shram Awards announced for 2010 by the Ministry of Labour, Government of India, 17 of which went to PSUs, SAIL employees won 11 awards. Of the total number of 76 awardees for the year, 45 belong to SAIL – a remarkable distinction for any organisation. Maharatna SAIL has received the Golden Peacock Environment Management Award for the year 2011. The award, in recognition of SAIL's initiatives and achievements in the field of environment management, was presented by Union Minister for Home Affairs Shri P. Chidambaram on 24 June 2011
74 of a total of 128 awardees who have won the Vishwakarma Rashtriya Puraskar (VRP) are from SAIL. The 15 out of 28 awards won by SAIL went to our 74 employees for the performance year 2008. Bhilai Steel Plant won 7 such awards involving 36 employees, Bokaro Steel Plant won 6 awards involving 29 employees. Durgapur Steel Plant and Salem Steel Plant both won 1 award each involving five and four employees respectively. SAIL employees have won 4 out of 5 awards of Class A, which is the highest number of A Class awards won by any PSU in India.
SAIL is in the process of modernising and expanding its production units, raw material resources and other facilities to maintain its dominant position in the Indian steel market. The aim is to increase the production capacity from the base level production of 14.6 MT per annum (2006–07) to 26.2 MT per annum of hot metal.
The following table shows the increased production of various items prior to and post expansion. [31]
On 25 May 2012, Steel Authority of India Limited entered into a Memorandum of Understanding with the Government of West Bengal and Burn Standard Company Ltd. for setting up of a Railway Wagon factory of approximately ₹210 crore (US$25 million). This project will create an approximate 75,300 jobs. [21] [22] [32]
The company also looking to establish one full capacity integrated plant in Andhra Pradesh or Telangana and surveying the possibilities to set up the plant. The plant, which was proposed to be the first steel plant of such scale in the state, was estimated to get an investment of Rs. 4,400 crore.
Tata Steel Limited is an Indian multinational steel-making company, based in Jamshedpur, Jharkhand and headquartered in Mumbai, Maharashtra. It is a part of the Tata Group.
Rourkela is a planned city located in the northern district Sundargarh of Odisha, India. It is the third-largest Urban Agglomeration in Odisha after Bhubaneswar and Cuttack. It is situated about 328 kilometres (204 mi) west of state capital Bhubaneswar and is surrounded by a range of hills and encircled by the rivers Koel, Sankha, & Brahmani. The city is also popularly known as Ispat Nagar and Steel City of Odisha as well. One of the largest integrated steel plants set up with German collaboration Known as Rourkela Steel Plant, of Steel Authority of India Limited (SAIL). It also has one of the premier national level technical institute known as National Institutes of Technology (NIT Rourkela). Every year, on 3 March Rourkela Day has been celebrated.
NLC India Limited (NLC) is a central public sector undertaking under the administrative control of the Ministry of Coal, Government of India. It annually produces about 30 million tonnes of lignite from opencast mines at Neyveli in the state of Tamil Nadu in southern India and at Barsingsar in Bikaner district of Rajasthan state. The lignite is used at pithead thermal power stations of 3640 MW installed capacity to produce electricity. Its joint venture has a 1000 MW thermal power station using coal. Lately, it has diversified into renewable energy production and installed 1404 MW solar power plant to produce electricity from photovoltaic (PV) cells and 51 MW electricity from windmills.
Kalinganagar is a planned industrial town in Jajpur district of coastal Odisha, India. Kalinganagar is emerging to be major global hub in steel, power and ancillary products. A large number of steel plants including projects by Jindal Steel and Tata Steel are in various stages of implementation.
Jindal Steel and Power Limited (JSPL) is an Indian steel company based in New Delhi. JSPL is a part of OP Jindal Group.
Bokaro, officially known as Bokaro Steel City, is a large and planned city in Jharkhand, India. It is the fourth most populous city in the state and one of the first planned cities of India. Bokaro is the administrative headquarters of Bokaro district. The city is located on the banks of Garga River and on the fringes of Bokaro river and is surrounded by hill ranges at Giridih and Ramgarh districts. It is one of the most peaceful cities in India. As per 2011 census, the city's population was 563,417 and 1,100,000 of its metropolitan area. The city span across 183 km in geographic area.
The Bhilai Steel Plant (BSP), located in Bhilai, in the Indian state of Chhattisgarh, is India's first and main producer of steel rails, as well as a major producer of wide steel plates and other steel products. The plant also produces steel and markets various chemical by-products from its coke ovens and coal chemical plant. It was set up with the help of the USSR in 1955.
IISCO Steel Plant of Steel Authority of India Limited is an integrated steel plant located at Burnpur, a neighbourhood in Asansol city, in the Asansol subdivision of Paschim Bardhaman district, West Bengal, India.
Damodar Valley Corporation (DVC) is a statutory body which operates in the Damodar River area of West Bengal and Jharkhand states of India to handle the Damodar Valley Project, the first multipurpose river valley project of independent India. Indian Astrophysicist Meghnad Saha, the former chief architect of river planning in India, prepared the original plan for the Damodar Valley Project. It operates both thermal power stations and hydel power stations under the ownership of Ministry of Power, Government of India. DVC is headquartered in the Kolkata city of West Bengal, India.
Bokaro Steel Plant (BSL) is located in the Bokaro district of Jharkhand. It is the fourth integrated public sector steel plant in India built with Soviet technology. It is the second largest steel plant in India after Bhilai Steel Plant and 3rd largest in Asia in terms of area(10 km x 5 km).
Jamshedpur is the largest urban conglomeration in the state of Jharkhand, India and is also the first well-planned industrial city of India, founded by late Jamshedji Nusserwanji Tata. It is also known as Steel City and Tatanagar or simply Tata. In terms of economy Jamshedpur has second largest economy after Dhanbad in Jharkhand.
JSW Steel Limited is an Indian multinational steel producer based in Mumbai and is a flagship company of the JSW Group. After the merger of Bhushan Power & Steel, Ispat Steel and Jindal Vijayanagar Steel Limited, JSW Steel became India's second largest private sector steel company.
NSPCL is a joint venture of National Thermal Power Corporation and Steel Authority of India Limited. engaged in power generation primarily to meet the captive power requirement of various steel plants of SAIL throughout India. It is one of the institutional category III profit making Indian PSEs.
Rashtriya Ispat Nigam Ltd,, also known as Vizag Steel, is a central public sector undertaking under the ownership of Ministry of Steel, Government of India based in Visakhapatnam, India. Rashtriya Ispat Nigam Limited (RINL) is the government entity of Visakhapatnam Steel Plant (VSP), India's first shore-based integrated steel plant built with state-of-the-art technology. Visakhapatnam Steel Plant (VSP) is a 7.3 MTPA plant. It was commissioned in 1992 with a capacity of 3.0 MTPA of liquid steel. The cpsu subsequently completed its capacity expansion to 6.3 MTPA in April 2015 and to 7.3 MTPA in December 2017. The PSU is having one subsidiary, viz. Eastern Investment Limited (EIL) with 51% shareholding, which in turn is having two subsidiaries, viz. M/s Orissa Mineral Development Company Ltd (OMDC) and M/s Bisra Stone Lime Company Ltd (BSLC). The CPSU has a partnership in RINMOIL Ferro Alloys Private Limited and International Coal Ventures Limited in the form of Joint Ventures with 50% and 26.49% shareholding respectively.
Rourkela Steel Plant (RSP), is a public sector, integrated steel plant in Rourkela, Odisha state, India. It was established on 3 February 1959 with the help of West German industrial corporations on approximately 19,000 acres of land acquired from tribal inhabitants. The plant is operated by the Steel Authority of India (SAIL), a Central PSU.
NMDC Steel Limited was formed under Government of India under Ministry of Steel with the help of NMDC's resources for setting up a 3 MTPA capacity greenfield Integrated Steel Plant based on Hi-Smelt technology in Nagarnar, located 16 km from Jagdalpur in Chhattisgarh state with an estimated outlay of Rs. 25500 crore. A pure-play miner, NMDC had in 2009-10 conceived the Nagarnar steel plant with the intention of moving up the value chain and diversifying its portfolio. The idea was also to hedge itself against the vagaries of iron ore prices. This is the only new large-scale steel plant currently fully ready to start production India, with little likelihood of a new plant of similar size plant coming up in the next few years. Tata Steel and JSW Steel are expanding capacity at their existing mills.
The Tatanagar–Bilaspur section is part of the Howrah–Nagpur–Mumbai line and connects Tatanagar in the Indian state of Jharkhand and Bilaspur in Chhattisgarh. Part of one of the major trunk lines in the country, it passes through an industrial-mining area and handles high volumes of freight, particularly coal and iron ore.
BPSCL Power Plant is a coal-based thermal power plant located in Bokaro district in the Indian state of Jharkhand. The power plant is owned by Bokaro Power Supply Company Limited, a joint venture between Steel Authority of India and Damodar Valley Corporation. It supplies power and process steam to Bokaro Steel Plant and surplus power to grid.
The Iron and Steel industry in India is among the most important industries within the country. India surpassed Japan as the second largest steel producer in January 2019. As per worldsteel, India's crude steel production in 2018 was at 106.5 million tonnes (MT), 4.9% increase from 101.5 MT in 2017, which means that India overtook Japan as the world's second largest steel production country. Japan produced 104.3 MT in year 2018, decrease of 0.3% compared to year 2017.
Chakradharpur railway division is one of the four railway divisions under South Eastern Railway zone of Indian Railways. This railway division was formed on 14 April 1952 and its headquarter is located at Chakradharpur in West Singhbhum district of the state of Jharkhand of India.
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