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 movement 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 11.2 billion (US$203.84 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.
Read more about Bokaro Steel Plant: Environment Management, Products
Famous quotes containing the words steel and/or plant:
“Man you ought to see his plans for allsteel buildins. He’s got an idea the skyscraper of the future’ll be built of steel and glass. We’ve been experimenting with vitrous tile recently... crist-amighty some of his plans would knock you out... He’s got a great sayin about some Roman emperor who found Rome of brick and left it of marble. Well he says he’s found New York of brick an that he’s goin to leave it of steel... steel an glass.”
—John Dos Passos (1896–1970)
“If a plant cannot live according to its nature, it dies; and so a man.”
—Henry David Thoreau (1817–1862)