SAIL signs MoU with BHP to support steelmaking decarbonisation
The Steel Authority of India Limited (SAIL) signed an MoU with the leading global resources company, BHP to support steelmaking decarbonisation.
The Steel Authority of India Limited (SAIL) signed an MoU with the leading global resources company, BHP to support steelmaking decarbonisation.
SAIL Chairman Amarendu Prakash addressed the shareholders in the meeting, held through a virtual platform.
This will be the highest ever single investment of the central government in the steel sector surpassing the previous modernization of ISP of about Rs 18,032 crore.
The weaker domestic steel prices are also arising from increased competition from China. SAIL’s consolidated revenue from operations stood at Rs 27,958.52 crore, down 4 per cent from the previous year.
Under the policy, an employee will be allowed to work outside the workplace on a prescribed undertaking of self-development activity.
The company also achieved its highest-ever sales volume of 17.1 million tonnes during 2023-24, registering a growth of more than 5 per cent over the previous year.
on May 3 union leaders had protested against the centre's move to privatise the steel plant in Vishakapatnam
In a statement issued on Wednesday, the Railways said that two other companies that have shown interest in setting up a wheel-manufacturing plant are Bharat Forge of Pune and Ramakrishna Forging of Kolkata.
The competition was organized in both Hindi and English language on the theme: ‘पिछले पांच दशकों में सेल का राष्ट्र निर्माण में योगदान’|‘SAIL’s contribution in Nation building in the last five decades’.
Steel Authority of India Limited (SAIL) has achieved the distinction of becoming the first Maharatna Public Sector Unit to have implemented the Anti-Bribery Management System (ABMS).
