Increasing steel output top priority: Virbhadra Singh
Facebook Twitter google+ RSS Feed

Increasing steel output top priority: Virbhadra Singh

Friday, 29 May 2009, 12:21 Hrs
Printer Print Email Email
New Delhi: Steel Minister Virbhadra Singh Friday said ensuring the timely completion of the expansion projects drawn up by state-run steel units to increase the production of the commodity was among his top priorities.

"There is also the need restructure the small steel public sector undertakings and attempt to merge them to bring about more synergies among them," Singh told reporters here after taking charge his new portfolio.

Steel Authority of India Ltd (SAIL) and Rashtriya Ispat Niham Ltd (RINL), the two state-run large steel companies have major expansion plans totalling 700 billion ($14 billion).

While SAIL intends to grow its output to 26 million tonnes per annum, RINL wants to increase its output to six million tonnes after the expansion, the minister said.

The former chief minister of Himachal Pradesh said another area of focus for him would be to bring in a rational, seamless and transparent regime for allocation of raw material resources to existing and prospective steel producers.

In this regard, he said, constructive dialogue will be established with the mines ministry to remove legislative bottlenecks.
Source: IANS
Experts on SiliconIndia
Santhosh  K
Sr. Soft. Engg.
Oracle India
Nehal Vyas
Sr. Team Lead
Cyberoam Tech.
Rani Malli
Sr. Director
Philips
Sr. Executive
ISB
Vijay Balkrishna Konduskar
Business Consultant
Imans Web Tech
Dr L P  Sharma
Technical Director
NIC
Reena Khanna
Founder
Solitaireworld
Dellas  Asse
sys-network admin
Computer Station
Write your comment now
Submit Reset
SPOTLIGHT