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PM inaugurates expansion & modernisation programme
of SAIL's BSP
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New Delhi, April 23, 2008
Prime Minister Dr. Manmohan Singh today laid the
foundation stone for the Rs. 11,000-crore modernisation
and expansion project of the Bokaro Steel Plant (BSL) of
Steel Authority of India Limited (SAIL). At the push of a
button, the plaque bearing the inscription of the historic
occasion was unveiled before a 10,000-strong enthusiastic
gathering of the people of Bokaro Steel City. |
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The PM also unveiled a monument of four steelmen holding
aloft the well-known symbol of SAIL atop an open book
symbolising the start of a new chapter in the life of BSL. The
Prime Minister also inaugurated the electrification of 10
villages of Bokaro district under the Rajiv Gandhi Rural
Electrification Programme by pushing a button to start power
supply on line in two villages – Obra and Pordag.
This modernisation and expansion programme will enhance the
Plant's capacity for Hot Metal production from the present
4.585 MTPA to 7.44 MTPA, that of Crude Steel from 4.36 MTPA to
7 MTPA and of Saleable Steel from 3.78 MTPA to 6.53 MTPA by
the year 2010. The programme consists of greenfield projects
for a new Steel Melting Shop of 3.8 MTPA and a new Cold
Rolling Mill of 1.8 MTPA. In addition, the existing facilities
in the Coke Ovens, Sinter Plant, Blast Furnaces, Steel Melting
Shop-II, Hot Strip Mill and Cold Rolling Mill will be
modernisation to enhance capacity, efficiency and
productivity. Support facilities of ore handling, traffic,
power generation, Oxygen production etc will also be augmented
to support the enhanced production capacity of the plant.
Speaking on the occasion, the Prime Minister commended the
contribution of SAIL in nation building. He reminisced about
the epithet of Temple of Modern India given to Bokaro by the
first Prime Minister or India Pandit Jawaharlal Nehru and
called Bokaro a symbol of self reliance. He described steel as
a rising sector and expressed hope that many projects would
come up to augment the availability of steel and also create
new job opportunities. Dwelling on the immense potential of
Jharkhand, Dr. Manmohan Singh talked about a number of
infrastructure development projects being taken up in the
state and the significant fund outlay for these projects.
The historic occasion was witnessed by His Excellency the
Governor of Jharkhand Syed Sibtey Razi, Chief Minister of the
State Madhu Kora, Union Minister for Chemicals & Fertilizers
and Steel Ram Vilas Paswan, Union Minister of State for Food
Processing (Independent Charge) Subodh Kant Sahay, Union
Minister of State for Steel Jitin Prasada, Union Minister of
State for Tribal Affairs Dr. Rameshwar Oraon, MP and Chairman,
UPA Steering Committee (Jharkhand) Shibu Soren, Secretary,
Steel RS Pandey, Chairman, SAIL Sushil Kumar Roongta and
Managing Director of SAIL's Bokaro Steel Plant VK Srivastava
on the dais, while other directors of SAIL and top officials
of state and district administration were present in the
audience.
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Union Steel Minister Paswan heaped fulsome
praise on SAIL for its all round achievements in
production, efficiency and profitability and excellent
work in the area of Corporate Social Responsibility.
Referring to the National Steel Policy and the ambitious
plans of the Ministry of Steel, Govt. of India, he urged
the Government of Jharkhand to support the plans of SAIL
towards |
expanding steel production capacity in India, especially
Jharkhand.
He reiterated the commitment of the Steel Ministry and SAIL
to establish a 12 MTPA steel plant in the state, which would
not only increase the availability of steel in a major way,
but also create significant opportunities of employment
generation.
Chief Minister Madhu Kora praised the contribution of Bokaro
Steel in the development of the state of Jharkhand and assured
that the state government would support the expansion plans of
the company.
As a token of remembrance for the occasion, Ram Vilas Paswan,
Roongta and Srivastava presented a memento to the Prime
Minister.
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