Bokaro Steel Plant
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Bokaro Steel Plant (BSL) is located in the
Bokaro district Bokaro district is one of the most industrialized zones in India. It is one of the twenty-four districts of the Jharkhand state, India. It was established in 1991 by carving out one subdivision consisting of two blocks from Dhanbad District a ...
of
Jharkhand Jharkhand (; ; ) is a state in eastern India. The state shares its border with the states of West Bengal to the east, Chhattisgarh to the west, Uttar Pradesh to the northwest, Bihar to the north and Odisha to the south. It has an area of . I ...
. It is the fourth integrated public sector steel plant in
India India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the so ...
built with
Soviet The Soviet Union,. officially the Union of Soviet Socialist Republics. (USSR),. was a transcontinental country that spanned much of Eurasia from 1922 to 1991. A flagship communist state, it was nominally a federal union of fifteen nation ...
help. It was incorporated as a limited company in 1964. It was later merged with the state-owned Steel Authority of India Limited (SAIL). Currently it houses five blast furnaces with a total capacity to produce 5.8 MT of liquid steel. The plant is undergoing a mass modernisation drive after which its output capacity is expected to cross 10 MT. An upgrade of the plant was also done in the 1990s in its steel refining units and continuous casting machines. The plant has recently taken expansion plan along with Korean Steel Company, Pohang Iron and Steel Company (POSCO) Initially, about 64 moujas (a mouja may have several village units) had been acquired for the plant. Of the total land acquired, only 7,765 ha was used to set up the steel plant. The rest has been given by SAIL to the private parties without government’s approval. The plant's yearly profit stood at for the
financial year A fiscal year (or financial year, or sometimes budget year) is used in government accounting, which varies between countries, and for budget purposes. It is also used for financial reporting by businesses and other organizations. Laws in many ...
2003–04 and has increased every year since then reaching to 84.26 billion INR in the financial year 2007–08.


Products

Bokaro Steel Plant is designed to produce a wide range of products: # Hot rolled coils # Hot rolled plates # Hot rolled sheets # Cold rolled coils (CRM) # Cold rolled sheets # Tin mill black plates # Galvanised plain and corrugated sheets # Oxygen gas # Hydrogen gas # Coke oven byproducts


References


Further reading

* * {{authority control 1964 establishments in Bihar Steel plants of India Steel Authority of India Bokaro district Companies based in Jharkhand Manufacturing companies established in 1964 Economy of Jharkhand India–Soviet Union relations Soviet foreign aid Indian companies established in 1964