Tuesday, May 22, 2018

SAIL supplies 10,500 tonne steel for Kishanganga Hydroelectric Power Project

SAIL has said it has supplied 10,500 tonne steel for the 330 Megawatts (MW) Kishanganga Hydroelectric Power Project in Bandipora District of Jammu and Kashmir.
Steel Authority of India (SAIL) had also supplied around 70 per cent of steel for Tuirial Hydroelectric Power Project in Mizoram, the company said in a statement.
"SAIL has supplied more than...
50 per cent steel for the Kishanganga Hydroelectric power project, inaugurated by Prime Minister Narendra Modi. SAIL has supplied a total of 10,500 tonnes of steel for the 330 MW hydroelectric project which features three power generating units of 110 MW each," it said.
On May 19, the Prime Minister inaugurated Kishanganga Hydroelectric Project and also laid down the foundation stone of the Pakal Dul Power Project in Jammu and Kashmir.
The project, located at Bandipore in North Kashmir, envisages diversion of water of Kishan Ganga river to underground power house through a 23.25-km-long head race tunnel to generate 1713 million units per annum. The Kishanganga project was started in 2007 but on May 17, 2010, Pakistan moved for international arbitration against India under the provisions of the Indus Waters Treaty 1960 that regulates the use of waters in the shared rivers.
The meeting of the Board of Directors of SAIL will be held on May 30 at New Delhi to, consider, approve and take on record the Audited Financial Results of the Company(Standalone & Consolidated) for the Financial Year ended 31st March, 2018.
The Trading Window of the Company shall remain closed from 24th May, 2018 to 1st June, 2018 (both days inclusive). The total number of shares traded during the day was 479620 in over 1467 trades.
Partnering for years in all major national infrastructural projects, Steel Authority of India Ltd has contributed steel for construction of the state-of-the-art India International Convention & Expo Centre coming up at New Delhi. SAIL’s IISCO Steel Plant is supplying special quality TMT rebars for this project.
The TMT rebars will be used for the upcoming International Convention & Expo Centre comprising a convention centre with a seating capacity of 10,000 guests, two exhibition halls spread over 80,000 square meters and a foyer and is billed as one of the biggest in Asia. The project has been conceived as a smart, zero energy, world-class facility designed for national as well as international events like G20 summit.
SAIL is supplying steel for several vital projects in the country.
SAIL supplied around 90 percent steel for constructing country's longest Dhola-Sadiya bridge in Assam.
Apart from this, SAIL has supplied steels to several power plants including 750 MW power plant of NTPC, 600 MW Kameng Hydro- electric project, Trans Arunachal highway etc, it said.
Steel Authority of India Limited (SAIL), a Maharatna PSU under the Ministry of STeel, is one of the largest state-owned steel making companies, and one of the top steel makers in world. With an annual turnover of Rs 43,337 crore (US$6.8 billion) (FY 2015-16). Incorporated on 24 January 1973, SAIL has 79,601 employees (as of 01-Oct-2017). With an annual production of 13.9 million metric tons, SAIL is the 24th largest steel producer in the world. SAIL operates and owns 5 integrated steel plants at Bhilai, Rourkela, Durgapur, Bokaro and Burnpur(Asansol) and 3 special steel plants at Salem, Durgapur and Bhadravathi. It also owns a Ferro Alloy plant at Chandrapur. As a part of its global ambition, the company is undergoing a massive expansion and modernisation programme involving upgrading and building new facilities with emphasis on state of the art green technology. SAIL is a public sector company, owned and operated by the Government of India. According to a recent survey, SAIL is one of India's fastest growing Public Sector Units. Besides, it has R&D centre for Iron & Steel (RDCIS), Centre for Engineering and Technology (CET), Management Training Institute (MTI) and SAIL Safety Organisation (SSO) located at Ranchi capital of Jharkhand.

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