Bhilai Steel posts best-ever April-December performance

October 6th, 2009 RAIPUR - Bhilai Steel Plant, the flagship unit of the state-owned Steel Authority of India Ltd (SAIL), is facing a severe water crisis that could hit its production, an official said Tuesday. "It's a severe crisis.

September 16th, 2009 RAIPUR - Chhattisgarh Chief Minister Raman Singh Wednesday justified the commercial tax department's decision Monday to attach a bank account of Bhilai Steel Plant (BSP) to recover Rs.408 crore due as entry tax amount. "The government has right to levy entry tax and Bhilai Steel Plant should have abided by government decision," Singh told reporters here.

September 15th, 2009 RAIPUR - The Chhattisgarh government has frozen the bank account of the Bhilai Steel Plant (BSP), the flagship unit of the state-run Steel Authority of India Ltd (SAIL), for failing to clear tax dues. The Bhilai unit has to pay Rs.408 crore to the state in tax dues, government officials said.

August 12th, 2009 BHILAI - Steel Authority of India Ltd (SAIL) is set to bag a 2,028-hectare block in the Rowghat iron ore mine deposits in Chhattisgarh to feed its flagship unit, the Bhilai Steel Plant, as it has obtained the final clearance from the environment and forest ministry. "Bhilai Steel has obtained the final clearance from the ministry early this month for the Rowghat project," an official told IANS Wednesday, adding that company had been seeking the deposit since 1983.

July 28th, 2009 US Steel posts another quarterly lossMONEY LOST: U.S. Steel posted its second straight quarterly loss for the April-June period.

July 23rd, 2009 RAIPUR - A 500 MW power plant in Chhattisgarh that stopped production July 14 due to coal shortage has resumed generation, a company official said Thursday. The NSPCL plant, set up by state-run National Thermal Power Corporation and the Steel Authority India Limited, is located at Bhilai in Durg district, some 30 km west of here.

July 15th, 2009 RAIPUR - A 500-MW power plant near here stopped generating electrictiy merely two days after it was dedicated to the nation Sunday because of a severe shortage of coal. The plant, set up by NTPC-SAIL Power Co Ltd (NSPCL) - a joint venture between power utility NTPC Ltd and Steel Authority of India Ltd (SAIL) - is located at Bhilai in Durg district, some 30 km west of Raipur.

July 11th, 2009 BHILAI - India's steel production will surge to 124 million tonnes (MT) per annum by 2011-12 from the current figure of 65 mt, Steel Minister Virbhadra Singh said here Saturday. "There is a massive expansion going on in the steel sector in country, both in the public and private sectors, that will see India becoming a major steel producer by 2011-12 when its steel production will be 124 mt from the present production of 65 mt," the minister said at a press conference here.

June 26th, 2009 RAIPUR - Faced with a rare water crisis that could hit production, state-run steel manufacturing unit Bhilai Steel Plant is now seeking the Chhattisgarh government's help for making alternative arrangements for water. "It's a rare crisis.

June 16th, 2009 RAIPUR - State-run steel manufacturing unit Bhilai Steel Plant has set a target of 5.8 million tonnes of hot metal production for 2009-10, it was announced here Tuesday. The Bhilai unit, the largest steel producing plant of Steel Authority of India Ltd (SAIL), is planning to produce 5.8 million tonnes of hot metal, 5.53 million tones of crude steel and 4.77 million tones of saleable steel during the current fiscal, an official statement said.

May 13th, 2009 RAIPUR - Five deer have been found dead in Maitri Bagh zoo of Chhattisgarh, an official said Wednesday. Maitri Bagh zoo, about 30 km west of state capital Raipur, is managed by Bhilai Steel Plant of public sector firm Steel Authority of India (SAIL).

May 9th, 2009 RAIPUR - An 11-year-old white tigress was found dead in a zoo Saturday in Bhilai city of Chhattisgarh, an official said. The tigress was found dead in Maitri Bagh Zoo in Bhilai in Durg district, about 30 km west of capital Raipur.

April 27th, 2009 US Steel posts 1Q loss as demand dropsPITTSBURGH — United States Steel Corp. says it lost $439 million in the first quarter as the recession pinched demand for the metal.

April 24th, 2009 RAIPUR - Raids by the Economic Offence Wing (EOW) Friday on the premises of a sub-engineer with Chhattisgarh Rural Engineering Service revealed assets worth at least Rs.10 crore (Rs.100 million), including a small steel plant and a chemical factory, an official said. Four separate teams of the EOW, led by Deputy Superintendent of Police U.R.

April 4th, 2009 RANCHI - State-run Heavy Engineering Corp (HEC) Saturday reported a 286.33 percent jump in its net profit last fiscal. 'During 2008-09, the company has posted a profit of Rs.16.11 crore, compared to Rs.4.17 crore in 2007-08,' HEC Chairman-cum-Managing Director G.K.