Jump to content

Bokaro Steel Plant: Difference between revisions

From Wikipedia, the free encyclopedia
Browse history interactively
← Previous editNext edit →
Content deleted Content added
VisualWikitext
No edit summary
No edit summary
Line 14: Line 14:
| location = [[Bokaro Steel City|Bokaro]], Jharkhand, [[India]]
| location = [[Bokaro Steel City|Bokaro]], Jharkhand, [[India]]
| key_people =
| key_people =
| revenue = $900 million<ref>https://currentbokaro.com/sail-revenue-crosses-rupees-one-lakh-crore-achieves-best-ever-profitability/</ref>
| revenue = $900 million(2022)<ref>https://currentbokaro.com/sail-revenue-crosses-rupees-one-lakh-crore-achieves-best-ever-profitability/</ref>
| profit = $75 million<ref>https://www.dailypioneer.com/2023/state-editions/bokaro-steel-plant-creates-record-of-production-in-history-of-50-years--amarendu-prakash.html#:~:text=TT-,Bokaro%20Steel%20Plant%20creates%20record%20of%20production,of%2050%20years%3A%20Amarendu%20Prakash&text=In%20SAIL's%2050%2Dyear%20history,ever%20production%20of%20all%20products.</ref>
| profit = $75 million(2022)<ref>https://www.dailypioneer.com/2023/state-editions/bokaro-steel-plant-creates-record-of-production-in-history-of-50-years--amarendu-prakash.html#:~:text=TT-,Bokaro%20Steel%20Plant%20creates%20record%20of%20production,of%2050%20years%3A%20Amarendu%20Prakash&text=In%20SAIL's%2050%2Dyear%20history,ever%20production%20of%20all%20products.</ref>
| industry = Steel
| industry = Steel
| products = [[Hot Rolled & Cold Rolled]]
| products = [[Hot Rolled & Cold Rolled]]

Revision as of 11:18, 17 June 2023

Bokaro Steel Plant
IndustrySteel
Founded1964
HeadquartersBokaro, Jharkhand, India
ProductsHot Rolled & Cold Rolled
Revenue$900 million(2022)[1]
$75 million(2022)[2]

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(10km x 5km).

History

The steel plant was incorporated as a limited company in 1964.[3] It was later merged with the state-owned Steel Authority of India Limited (SAIL).[4]

Bokaro Steel Plant seen from a train

Currently, it houses five blast furnaces with a total capacity to produce 5.8 MT of liquid steel.[5] The plant is undergoing a mass modernisation drive after which its output capacity is expected to be 12 MT.

An upgrade of the plant was also done in the 1990s in its steel refining units and continuous casting machines. Initially, about 64 moujas (a mouja may have several village units) had been acquired for the plant. Of the total land acquired, only 7,765 ha was used to set up the steel plant. The rest has been given by SAIL to the private parties without government’s approval.

The plant's yearly profit stood at ₹11.2 billion (US$130 million) for the financial year 2003–04 and has increased every year since then reaching to 84.26 billion INR in the financial year 2007–08.

Products

Bokaro Steel Plant is designed to produce a wide range of products:

  1. Hot rolled coils
  2. Hot rolled plates
  3. Hot rolled sheets
  4. Cold rolled coils (CRM)
  5. Cold rolled sheets
  6. Tin mill black plates
  7. Galvanised plain and corrugated sheets
  8. Oxygen gas
  9. Hydrogen gas
  10. Coke oven byproducts
  11. Railway tracks
  12. DMR grade

Financials

Bokaro Steel Plant has achieved a net profit of Rs 600 crore during the financial year 2022-23, which is 45% of SAIL's total profit of Rs 1330 crore.[6]

Collaboration

Bokaro steel plant uses majority of the Blast furnace equipment from Heavy Engineering Corporation, a PSU from Ranchi and some of the equipment's are used from Larsen & Toubro.[7]

References

  1. ^ https://currentbokaro.com/sail-revenue-crosses-rupees-one-lakh-crore-achieves-best-ever-profitability/
  2. ^ https://www.dailypioneer.com/2023/state-editions/bokaro-steel-plant-creates-record-of-production-in-history-of-50-years--amarendu-prakash.html#:~:text=TT-,Bokaro%20Steel%20Plant%20creates%20record%20of%20production,of%2050%20years%3A%20Amarendu%20Prakash&text=In%20SAIL's%2050%2Dyear%20history,ever%20production%20of%20all%20products.
  3. ^ Nirmal Sengupta (1979). Destitutes and Development: A Study of the Bauri Community in the Bokaro Region. Concept Publishing Company. pp. 25–. GGKEY:73SPC2220UQ.
  4. ^ Steel Authority Of India Limited
  5. ^ "BOKARO STEEL PLANT - PRODUCT BASKET".
  6. ^ https://www.dailypioneer.com/2023/state-editions/bokaro-steel-plant-creates-record-of-production-in-history-of-50-years--amarendu-prakash.html
  7. ^ https://www.jstor.org/stable/4378206

Further reading

Wikimedia Commons has media related to Bokaro Steel Plant.
Retrieved from "https://en.wikipedia.org/w/index.php?title=Bokaro_Steel_Plant&oldid=1160571900"