RINL's Impressive April Production Sets Strong Start to New Financial Year
RINL records it’s best performance for Any April Month, since inception with the Production of 4,19,000 Tons of Hot Metal from (a growth of 20% over corresponding period last year (CPLY) -April,2022)
![RINL's Impressive April Production Sets Strong Start to New Financial Year](https://www.psuconnect.in/sdsdsd/RINLs_Impressive_April_Production_Sets_Strong_Start_to_New_Financial_Year.jpg)
RINL's Impressive April Production Sets Strong Start to New Financial Year
NEW DELHI- RINL records it’s best performance for Any April Month, since inception with the Production of 4,19,000 Tons of Hot Metal from (a growth of 20% over corresponding period last year (CPLY) -April,2022) from 2 Blast Furnace operation, 2,02,000 tons of Hot metal from Blast furnace-1 (Godavari- A growth of 14% over CPLY), 2,18,000 tons of Hot metal from Blast furnace-2 (Krishna- a growth of 26% over CPLY), 61,000 tons of products from Structural Mill (more than 100% growth over CPLY), 1,43,000 tons of finished steel from expansion units (Wire rod mill-2, Special Bar mill & Structural Mill), 80,000 tons of high end value added steel (growth more than 100% over CPLY) is the unit wise best Performance achieved for ANY April month, since inception.
Read Also : IndusInd Bank Q1 FY25 results, net profit at 2% YoYOn the Technical Parameters front also, a Blast furnace productivity of 2.09 tons (of Hot Metal) /day/cum by BF Shop (both blast furnace 1 & 2 together), a Blast furnace productivity of 2.01 tons (of Hot Metal) /day/cum by Blast Furnace -1 and a Blast furnace productivity of 2.17 tons (of Hot Metal) /day/cum by Blast Furnace -2 achieved during the month of April, 2023 is the BEST performance achieved for ANY April month, since inception registering an impressive growth of 20%, 14% and 26% respectively over the corresponding period last year (CPLY-April, 2022).
Read Also : RBI issues guidelines on higher liquidity coverage ratio for retail depositsABOUT RINL- Rashtriya Ispat Nigam Limited, the corporate entity of Visakhapatnam Steel Plant is a Navaratna PSE under the Ministry of Steel. Visakhapatnam Steel Plant fondly called Vizag steel. It is the first shore based Integrated Steel Plant in the country and is known for its quality products delighting the customers.
It is a market leader in long products and it caters to the needs of diverse Industrial sectors. It is the first Steel plant to be certified ISO 9001:2008 (presently2015), ISO 14001:2004 (presently2015), OHSAS 18001:2007 and ISO/IEC 27001:2013 Standards.
It is also the first PSE to be certified ISO 50001:2011 - Energy Management Systems and has acquired CMMI Level 3 Certification for s/w development.
Read Also : India assumes the Chair of Asian Disaster Preparedness CentreNews Must Read
- Karnataka Bank Announced record Q1 Net Profit at Rs. 400.33 CR
- NTPC, BHEL shares soar higher amid JV announcement in Budget 2024
- BEL signs tripartite MoU for manufacture of indigenised ammunition
- Goa Shipyard Limited launched first indigenous P1135.6 Frigate
- Chandan Sinha appointed as Non-Executive Part Time Chairman of RBL Bank
- OIL and Dolphin Drilling signs contract for hiring of Blackford Dolphin
- Cmde D.K. Murali, IN (Retd.) Joins as CMD of BECIL
- Samir Chandra Saxena Appointed as Director (Market Operation) of GRID-INDIA
- MOIL CMD bags Title 'CEO of the Year'
- ONGC sign MoU with GSI to advance geothermal exploration in Ladakh