Expansion works on at a brisk pace in Rashtriya Ispat Nigam Limited: CMD
P.K. Rath said, Vizag steel plant has made progress in all fronts, including production, marketing, material management and finance.
Visakhapatnam: Rashtriya Ispat Nigam Limited (RINL) has made significant progress in the areas of expansion and modernisation.
According to its chairman and managing director P.K. Rath, coke oven battery-5, central dispatch yard and KBR-2 projects are progressing at a brisk pace for early commissioning. He was addressing the employees and their family members on the occasion of the 37th RINL Formation Day celebrations.
He said, “Vizag steel plant has made progress in all fronts, including production, marketing, material management and finance.”
The CMD further said that the work at the forged wheel plant at Rae Bareilly in UP is also picking up pace for commissioning in September. RINL is all set to create a record sales turnover of more than Rs 20,000 crore during this financial year, he said. The RINL has focused on ramping up its production to reach rated capacities, increase pulverised coal injection (PCI) in all the three blast furnaces to bring down the requirement of coke procurement to reduce hot metal production cost, early commissioning of coke oven battery-5.