Bokaro Steel Plant
Encyclopedia
Bokaro Steel Plant is located in the Bokaro district
of Jharkhand
. It is the fourth integrated public sector steel plant in India
built with Soviet help. It was incorporated as a limited company in 1964. It was later merged with the state-owned Steel Authority of India Limited (SAIL)
.
Formerly it was known as Bokaro Steel Limited (BSL). Bokaro Steel Plant is hailed as India's first swadeshi steel plant. Its first blast furnace was started on 2 October 1972.
At present it houses five blast furnaces with total capacity to produce 4.5 MT of liquid steel. The plant is undergoing a mass modernisation drive after which its output capacity is expected to cross 10 MT. The first shop of Bokaro Steel Plant got the ISO 9001 certification way back in 1994, and its SAIL JYOTI products enjoy a loyal market.
The plant's yearly profit stood at 1,120 crores Indian rupee
(INR) for the financial year 2003–04 and has increased every year since then reaching to 8,426 crores INR in the financial year 2007–08.
Bokaro District
Bokaro district is one of the twenty-four districts of Jharkhand state, India. It was established in 1991 by carving out one subdivision consisting of two blocks from Dhanbad District and six blocks from Giridih District. Bokaro Steel City is the district headquarters...
of Jharkhand
Jharkhand
Jharkhand is a state in eastern India. It was carved out of the southern part of Bihar on 15 November 2000. Jharkhand shares its border with the states of Bihar to the north, Uttar Pradesh and Chhattisgarh to the west, Orissa to the south, and West Bengal to the east...
. It is the fourth integrated public sector steel plant in India
India
India , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...
built with Soviet help. It was incorporated as a limited company in 1964. It was later merged with the state-owned Steel Authority of India Limited (SAIL)
Steel Authority of India Limited
Steel Authority of India Limited from 116950 The company's current chairman is C.S Verma. With an annual production of 13.5 million metric tons, SAIL is the 14th largest steel producer in the world....
.
At present it houses five blast furnaces with total capacity to produce 4.5 MT of liquid steel. The plant is undergoing a mass modernisation drive after which its output capacity is expected to cross 10 MT. The first shop of Bokaro Steel Plant got the ISO 9001 certification way back in 1994, and its SAIL JYOTI products enjoy a loyal market.
The plant's yearly profit stood at 1,120 crores Indian rupee
Indian rupee
The Indian rupee is the official currency of the Republic of India. The issuance of the currency is controlled by the Reserve Bank of India....
(INR) for the financial year 2003–04 and has increased every year since then reaching to 8,426 crores INR in the financial year 2007–08.
Products
Bokaro Steel Plant is designed to produce a wide range of flat products:- hot rolled coils
- hot rolled plhiates or plates
- hot rolled sheets
- cold rolled coils
- cold rolled sheets
- tin mill black plates (tmbp)
- galvanised plain and corrugated (gp/gc) sheets