Joint Secretary, Ministry of Steel Syedain Abbasi on Monday promised all help to achieve raw material security by getting captive mines and praised the green-friendly measures being implemented by Rashtriya Ispat Nigam Limited.
After a visit to the Model Room and Award Gallery at Ukkunagaram and a review meeting with senior officials of Visakhapatnam Steel Plant here, he said RINL was a modern, well run and most environment-friendly superior plant in the entire Indian steel industry.
Mr. Abbasi heaped praises on RINL for maintaining ‘clean and green’ environment not only in the plant but also in the township.
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The Joint Secretary expressed confidence that RINL would soon get its raw material security and the Ministry of Steel was doing its best to achieve it.
He went around the new units of the expansion project during which Director (Operations) Umesh Chandra and Director (Projects) N.S. Rao explained the latest know-how incorporated in the plant and production from the new units.
Mr. Abbasi advised the officials of RINL to work hard to stabilise the new units to enhance the production levels.
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Mr. Umesh Chandra said new initiatives like green technologies were being adopted in the plant and mentioned that RINL was adding another one million tonne to reach to 7.3 million tonnes with modernisation of existing units.
Director (Finance) P. Madhusudan while briefing the prudent financial management measures being implemented by the company said RINL had carried out the expansion with total internal accruals.
He also mentioned that the company had got the capability to meet the expenditure for the on-going modernisation of the existing units from its own resources.
Director (Personnel) Y.R. Reddy and other senior officials attended the interactive session.