CMD lauds employees’ contribution in making it a world-class company
RINL Chairman-cum-Managing Director P. Madhusudan on Tuesday said the dream was to achieve 20 million tonne per annum capacity to make it the largest single location company.
On the occasion of the 33 RINL Formation Day, a ‘Steel Run’ was organised at C.K. Nayudu Stadium, Ukkunagaram.
Flagging off the run, Mr. Madhusudan said, in the past 32 years RINL had seen several ups and downs. Sheer commitment and dedication of employees made RINL a world-class company, he said.
Steel Run, a health initiative, was organised to create awareness among the employees and their families on the importance of RINL Formation Day and inculcate the habit of maintaining good health and physical fitness.
Four hundred schoolchildren participated in the run.Service awards
A cultural programme presented by children of Ukkunagaram and employees after the presentation ceremony at ‘Rajatotsava Vedika’ evoked a good response.
Mr. Madhusudan presented the most prestigious company-wide recognition awards — Jawaharlal Nehru Awards — to 74 employees for their outstanding performance and excellence in work. To continue with the spirit of clean and green environment,Competitions
RINL-Agro Forestry Department organised competitions involving schools, and Mr. Madhusudan presented Eco Awards — first, second, and third prizes to Little Angles School, Chaitanya Public School, and Delhi Public School respectively.
The CMD also presented 24 Eco Awards to the winners in poster and slogan competitions held on the occasion.
Later, addressing a huge gathering, he said the employees of RINL, the corporate entity of Visakhapatnam Steel Plant, should excel through pro-active and creative approach.
He said that in this crucial transition phase of RINL, there was an urgent need for quick stabilisation and ramping up of the production from the new units and rejuvenation and modernising the existing units.
He called for greater commitment and coordinated efforts from employees for sustainable growth in the wake of low profit margins.
Mr. Madhusudan urged employees to focus on improving volumes to offset the burden of fixed cost and depreciation to generate the desired surplus.
“In all our efforts safety has to be our utmost priority,” he added. RINL Directors — Umesh Chandra (Operations), T.K. Chand (Commercial), Y.R. Reddy (Personnel), P.C. Mohapatra (Projects) — Chief Vigilance Officer B. Siddhartha Kumar, and Visteel Mahila Samiti honorary president Annapuran Gowri were present.