Corporate Exposure and Inplant Training Bilayi Steel Plant

BHILAI STEEL PLANT

a) INDUSTRIAL PROFILE:

During struggle for independence MR. Jawaharlal Nehru, our first prime minister, had

very clear vision about the role of steel in the development of our country although

TATA Iron &Steel company [TISCO] has been establish in 1907 marking the

beginning of Indian steel industry followed by Indian steel company. [1918], they

were too small to meet the development requirement of a big country like ours.

Therefore, in the 1st industry policy resolution of the govt...Soon after independence.

Govt. decided to establish steel plants in public sector. However, work could be

started at fast pace only in1954, when Hindustan steel Ltd., was formed and three

steel plants of 1mt capacity each, were established with provision of further expansion

at Bhilai. Rourkela and Durgapur with assistance from USSR, West Germany and

U.K .respectively.

To improve the functioning of steel Industry, Government. Decided to from a

holding company during 1972, which was named as steel authority of India[SAIL]and

the same was incorporated on January 24,1973, with authorized capital of RS.2000

crores.

SAIL was formed by registration of a company under company’s act and not

by act of parliament decided to abandon the holding company concept in 1978 and a

bill was presented to the loksabha. Accordingly, SAIL was again recognized in the

following manner.

Hindustan steel ltd, Bokaro Steel Ltd, Salem Steel ltd SAIL international ltd

Bhilai Ispat Ltd, Rourkela Ispat Ltd, Durgapur Mishra Ispat ltd wholly owned

subsidiaries of sail merged into it and started functioning as units of SAIL.

MECON, HSCL and NMDC become important companies and started

functioning under ministry of steel. However, kiriburu and meghatuburu iron ore

mines were attached with BSL as their captive mines.

Bharat Refectories Ltd. Also become independent under the ministry of steel

and refractory unit also came under them.

Thus sail at present is having capacity of 10.9 MT of crude steel through its

four integrated steel plants, at bhilai, bokaro, Durgapur and Rourkela. Two special

steel plants at Durgapur and salem produce a wide distribution network consisting of

a chain of stock yards and distribution centers.

RAJVI GANDHI INSTITUTE OF TECHNOLOGY 1

BHILAI STEEL PLANT

COMPANY PROFILE:-

a). BACKGROUND AND INCEPTION OF THE

COMPANY

Bhilai steel plant is the leading steel-making company in India. It is a fully integrated

iron and steel maker, producing both basic and special steels for domestic

construction, engineering, power, railway, automotive and defense industries and for

sale in export markets. Ranked amongst the top ten public sector companies in India

in terms of turnover, BSP manufactures and sells a broad range of steel products,

including hot and cold rolled sheets and coils, galvanized sheets, electrical sheets,

structural, railway products, plates, bars and rods, stainless steel and other alloy steels.

SAIL/BSP produces iron and steel at five integrated plants and three special

steel plants, located principally in the eastern and central regions of India and situated

close to domestic sources of raw materials, including the Company's iron ore,

limestone and dolomite mines. The company has the distinction of being India’s

largest producer of iron ore and of having the country’s second largest mines network.

This gives BSP a competitive edge in terms of captive availability of iron ore,

limestone, and dolomite which are inputs for steel making. Sail’s wide range of long

and flat steel products are much in demand in the domestic as well as the international

market.

This vital responsibility is carried out by BSP own Central Marketing

Organization (CMO) and the International Trade Division. CMO encompasses a wide

network of 34 branch offices and 54 stockyards located in major cities and towns

throughout India. With technical and managerial expertise and know-how in steel

making gained over four decades, SAIL's/BSP Consultancy Division (SAILCON) at

New Delhi offers services and consultancy to client’s world-wide. BSP has a well-

equipped Research and Development Centre for Iron and Steel (RDCIS) at Ranchi

which helps to produce quality steel and develop new technologies for the steel

industry. Besides, BSP has its own in-house Centre for Engineering and Technology

(CET), Management Training Institute (MTI) and Safety Organization at Ranchi. Our

captive mines are under the control of the Raw Materials Division in Kolkata. The

Environment Management Division and Growth Division of BSP operate from their

headquarters in Kolkata. Almost all our plants and major units are ISO Certified.


BHILAI STEEL PLANT

Major Units

Integrated

Steel Plants

• Bhilai Steel Plant (BSP) in Chhattisgarh

• Durgapur Steel Plant (DSP) in West Bengal

• Rourkela Steel Plant (RSP) in Orissa

• Bokaro Steel Plant (BSL) in Jharkhand

• IISCO Steel Plant (ISP) in West Bengal

SPECIAL STEEL PLANT

• Alloy Steels Plants (ASP) in West Bengal

• Salem Steel Plant (SSP) in Tamil Nadu

• Visvesvaraya Iron and Steel Plant (VISL) in Karnataka

SUBSIDIARY

• Maharashtra Elektrosmelt Limited (MEL) in Maharashtra

Joint Ventures

SAIL has promoted joint ventures in different areas ranging from power plants to

e-commerce.


BHILAI STEEL PLANT

NTPC SAIL

Power Company Pvt.

Ltd

A 50:50 joint venture between Steel Authority of India

Ltd. (SAIL) and National Thermal Power Corporation

Ltd. (NTPC Ltd.), it manages the captive power plants

at Rourkela Durgapur and Bhilai with a combined

capacity, of 314 megawatts (MW)

Bokaro Power Supply

Company Pvt. Limited

This 50:50 joint venture between SAIL and the

Damodar Valley Corporation formed in January 2002 is

managing the 302-MW power generation and 1880 tons

per hour steam generation facilities at Bokaro Steel

Plant.

Mjunction

SERVICES Limited

A joint venture between SAIL and Tata Steel on

50:50 basis, this company promotes e-commerce

activities in steel and related areas.


http://www.metaljunction.com/

http://www.metaljunction.com/

BHILAI STEEL PLANT

SAIL- BANSAL

SERVICE CENTER

LTD

SAIL has formed a joint venture with BMW industries

LTD. On 40:60 basis to promote a service centre at

BOKARO with the objective of adding value to steel.

BHILAI JP CEMENT LTD

BSP has also incorporated a joint venture company with M/S Jaiprakash Associates

Ltd to set up a 2.2 MT cement plant at BHILAI..SAIL/BSP has signed an MOU with

Manganese Ore Ltd [MOIL] to set up a joint venture company to produce

ferromanganese and silico-manganese at Bhilai


BHILAI STEEL PLANT

b) NATURE OF BUSINESS CARRIED

Bhilai Steel Plant, an integrated steel works, was commissioned in 1959 with

production capacity of 1.0 million tons of steel. In successive phases, capacity was

enhanced to 2.5 and 4.0 million tons in the year 1962 and 1984 respectively. Figure

depicts facilities available with Bhilai Steel Plant for 4.0 mt production. As of now

this is the largest steel plant in India with present capacity utilization more than 100%.

Living up to the demand of the growing economy of the country, the plant produces

wide range of products. This includes Rails, Wire Rods, Plates and Merchant

products. Commitment to quality and customer satisfaction has resulted in consistent

R & D efforts culminating in development and commercialization of distinctive new

grades like SAILMA, UTS-90 etc. Bhilai Steel Plant could dream and implement the

project of long rail ( 78 meter and above ) inconsistence with it’s reputation with in-

house know-how. This was a basic demand Human resource management is

exemplary in Bhilai Steel Plant. It is worthwhile to note that Bhilai Steel Plant

registered maximum profit in 2004-05 among all public sector steel plants in spite of

coal crises during first six month and hike in coal price. The annual turn over of the

company for the year 2004-05 is Rs 11389 crores with net profit margin of Rs. 4041

crores.

Bhilai Steel Plant symbolizes Indian Industrial Growth. Many laurels were bestowed

on Bhilai Steel Plant. It has been honored five times with coveted “Prime Minister’s

Trophy” as best Integrated Steel Plant of the country.

Energy Consumption:

Steel production in Bhilai Steel Plant, like any other integrated steel works, is highly

energy intensive. The gross energy consumption in the plant for the year 2004-2005 is

3688 GCal/Hr. which is approximately equivalent of 3.2 million TOE ( ton of oil

equivalent ) per year. The primary energy input for the year 2004-2005 constitute 3.76

million tons of Coking Coal, 0.24 million tons of Boiler Coal, purchased electrical

power of 203MW and 12748 kilo litres of petro-fuel.


BHILAI STEEL PLANT

The demand of other energy items, viz, steam, compressed air, oxygen etc. are

completely met by in-house auxiliary units. 40% of the total power demand of the

plant is met by captive power plants including power from joint venture. Specific

energy consumption, specific power consumption and specific petro-fuel consumption

are given in figures attached here with. It may also be noted that Bhilai Steel Plant is

the only steel plant in India continuing with “Ingot Casting & Soaking Pit with

Blooming Mill” route for steel making. About 50-55% of the total steel is made

through this route. This route is energy inefficient and consumes about 0.35 – 0.4

Gcal of energy per ton of crude steel. Even after this handicap specific energy

consumption per ton of crude steel is best among SAIL plants and Tisco shows the

grit and commitment of Bhilai collective towards energy conservation.

The annual energy bill for the company is around Rs. 2630 Crores which comprises

around 35 % of the total production cost.

ENERGY CONSERVATION TEAM STRUCTURE

Energy Conservation measures implemented during 2007-2008are given below :

1. Coal dust injection in Blast furnace –1, 5, 7

Coal dust is a substitute of COKE in Blast Furnace as a auxiliary fuel. The

replacement ratio is 1:1.2 aprox. Using coal dust in Blast furnace directly through

tuyers reduces the requirement of Coke. In Coke Ovens 1.8 gcal energy consume for

converting Coal to coke, this energy is saved.

2. VVVF drive commissioned in ID fan motor of SMS-2

The ID fan motor( 1200 kw) capacity for convertor –C was running continuously at

rated speed during process and as well as during idle time. After installation of VVVf

drive during idle period, the motor run at

42 % of the rated speed. Thereby saving of 7500 kwh/day.


BHILAI STEEL PLANT

3. Development of low power dedicated Ventilation system for

leveler-2 ( 75 kw by 3 kw) in Plate Mill.

75 KW ventilation system had been installed for leveller-2 cooling system. But due to

low loading on leveller-2 it was observed that the requirement is very less.

Accordingly 75 KW system has been replaced by 3.75 kw ventilation system.

4. Coal Tar Injection in Blast Furnace

Coal Tar is a by-product of coke making process. The year when severe coal crisis

was experienced by all Indian steel plants. It was decided by Bhilai management to

inject coal tar as a measure to conserve coke consumption in Blast Furnace.

Technology was developed with in-house know how and required installation was

erected in Blast Furnace # 3. At present about 30-40 liter of coal tar is injected

through tuyers of the furnace and it is observed that the replacement ratio is about 1.4

kg of BF coke per liter of coal tar. Encouraged by the result obtained, management

has decided to extended to Blast furnace # 2 also. Plant scale trial is going on to

establish the obtained result.

5. Modifying the field of Vertical stand and Finishing stand Screw

Down to low voltage system ( 220 V to 145 V) in Plate Mill.

The 230 V supply of Vertical & Finishing stand motor were fed through resistance.

The 230 V supply of Vertical & Finishing stand motor were fed through resistance

boxes. It was observed that actual field supply requirement is only 145 V and 75 V is

being dropped in resistance box. That is why only 145 V direct fed to field winding

without resistance box by changing incoming supply from 11 KV to 6.6 KV of CVDC

transformer.

6. Extension of Unloading bay for reducing unloading time of LSHS


BHILAI STEEL PLANT

The time taken for unloading a rake of LSHS fuel ( 70 wagons) was about 65 hrs , this

was due to insufficient unloading points. It was observed that if 6 no of unloading

points are increased the time for unloading can be reduced to 40 hrs. After this

modification ( in house) total steaming time was reduced .

7. Utilization of waste Lubrication oil in Lime Kiln.

The waste lubrication oil( used) about 100 KL per year earlier was disposed at low

price . A unit is commissioned to reclaim this oil by mixing in LSHS fuel in a ratio of

1 to 1.5 % and successfully consumed in Lime Kiln with out any major effect.

8. Blast Furnace gas firing in Boiler No-6 of Power and Blowing

Station.

The Boiler No –6 of PBS was commissioned with out BF gas firing system and was

consuming coal . In Bhilai Steel Plant BF gas is available in excess and was flared in

the atmosphere , to use this gas Boiler No-6 was modified by providing Burners , and

after this about 60000 M3 /hr BF gas is able to consume in Boiler . This has saved

Boiler coal about 240 Tones per day.

Energy Conservation Plans and Targets:

The company has set up a challenging target of reducing specific energy consumption

by 2% in every successive year and to reach International Norm. In line with that,

Bhilai Steel Plant has undertaken a major programmed for investment in capacity

enhancement and introduction of energy efficient technologies. The following is the

brief outline of envisaged projects:

I. Introduction of SMS – 3 for production of steel through BOF & Concast

route

II. Introduction of Thin Slab caster

III. Introduction of Walking Beam Furnaces in Rolling Mills in

phases


BHILAI STEEL PLANT

IV. Phasing out of Ingot Casting & Blooming Mill route

V. Introduction of Pellet Plant

VI. Introduction of Gas Fired Boiler

Energy Conservation is an aggregate of total working of the plant and it has to be

achieved by every one. For achieving target of energy consumption, energy bearing

indices are identified for all major shops and norms are set at the beginning of the

year. These norms have the approval of the Executive Director (Works) and all shops

are asked to adhere to these norms. The impacts of these norms are also explained to

them for their awareness. The table below gives the impact of deviation of these

norms on energy consumption per ton of crude steel Energy Conservation is an

aggregate of total working of the plant and it has to be achieved by every one. For

achieving target of energy consumption, energy bearing indices are identified for all

major shops and norms are set at the beginning of the year. These norms have the

approval of the Executive Director (Works) and all shops are asked to adhere to these

norms. The impacts of these norms are also explained to them for their awareness.

The table below gives the impact of deviation of these norms on energy consumption

per ton of crude steel.

S.No. Parameter Variation Impact on Energy

I Coke Rate + 10 Kg/THM 0.085 Gcal/tcs

II Hot Metal Rate + 10 Kg/T CS 0.052 Gcal/tcs

III Power Cons + 10 Kwh/TCS 0.03 Gcal/tcs

IV Steam Cons + 10 Kg/TCS 0.007 Gcal/tcs

V Boiler Coal + 10 Kg/TCS 0.042 Gcal/tcs

VI Oxygen + 1 M3/TCS 0.0025 Gcal/tcs


BHILAI STEEL PLANT

c) VISION, MISSION AND QUALITY POLICY

vision

To be a respected world class corporation and the leader in Indian steel business in

quality, productivity, profitability

and customer satisfaction

.

CREDO

We build lasting relationships with customers based on trust and mutual benefit.

We uphold highest ethical standards in conduct of our business.

We create and nurture a culture that supports flexibility, learning and is proactive to

change.

We chart a challenging career for employees with opportunities for advancement and

rewards.

We value the opportunity and responsibility to make a meaningful difference in people's

lives.

SEVEN C”S OF COMPANY/MISSION

1] CONSISTENT QUALITY

2] COMMITTED DELIVERY

3] CUSTOMIZED PRODUCTS

4] COMPETITIVE PRICES

5] COMPLAINT SETTLEMENT

6] CONTEMPORARY PRODUCTS

7] CULTURE OF CUSTOMER SERVICES

QUALITY POLICY OF SAIL/BSP


BHILAI STEEL PLANT

(ISO 9001:2000 CERTIFIED)

Quality Policy

The company making products according to ISO 9001:2000 specification. The

products of the company are every time subjected to the most stringent and

uncompromising quality control test. Being the holder of “ ISO 9001:2000 certificate,

company is authorized to issue certificate confirming ISO 9001:2000 specification.

BSP has over the years acquired a reputation for quality steel. BSP has a well-

equipped research and development centers for iron and steel (RDCIS)

at Ranchi, which helps to produce quality steel and develop new technologies for the

steel industry. Besides, it has its own in-house centre for engineering and technology.

d) PRODUCT PROFILE

Product Mix

Product Wise

Semis Blooms, Billets & Slabs

Long Products

Structural’s

Crane Rails

Bars, Rods & Rebars

Wire Rods

Flat Products HR Coils, Sheets & Skelp

Plates

CR Coils & Sheets

GC Sheets\ GP Sheets and Coils

Tubular Products Tinplates

Electrical Steel


BHILAI STEEL PLANT

Railway Products Pipes

Rails

Wheels, Axles, Wheel Sets

Plant Wise

Bhilai Steel Plant Blooms, Billets & SlabsBeams

Channels, Angles

Crane Rails

Plates

Rails

Pig Iron, Chemicals & Fertilizers

Bokaro Steel Plant HR Coils & Sheets

Plates

CR Coils & Sheets

GP Sheets & Coils/ GC Sheets


Durgapur Steel Plant Blooms, Billets & Slabs

Joists, Channels, Angles

Bars, Rods & Rebars

Skelp

Wheels, Axles, Wheel Sets


Rourkela Steel Plant HR Coils

Plates

CR Coils & Sheets

GP Sheets/ GC Sheets

Tinplates

Electrical Steel

Pipes


Salem Steel Plant Stainless Steel


BHILAI STEEL PLANT

Fertilizers

Ammonium Sulphate (20.6% N)

Brand name "Raja

Coal Chemical

Benzene (NG)

Toluene (NG & IG)

Xylene

Light Solvent Naptha

Solvent Oil

Heavy Solvent Naptha

Benzol (IG)

Still Bottom Oil

Hard, Medium, Granulated and Liquid Pitch

Extra Hard Pitch

Hot Pressed Naphthalene/ Naphthalene Flakes

Heavy Creosote Oil

Anthracene Oil

Meta Para Creosole

Light Oil

Sodium Phenolate

Drained Naphthalene Oil

Dephenolised Oil

Heavy Benzol

NG: Nitration Grade

IG: Industrial Grade


BHILAI STEEL PLANT

e) AREA OF OPERATION

AREA OF OPERATION IN B.S.P.

DESCRIPTION OF 2.5 MILLION TON SECTION

This section deals with the marketing procedure and functions of non-flat

able products. These include Wire Rod Mill (WRM), Merchant Mill(MM), Rail and

Structural Mill(R&SM) and Billet and Blooming Mill(BBM).This section is heated by

Senior Manager and his subordinates. This section has the job to look after all the

stages of marketing products.

This section has to play an important role in the overall management procedure

of marketing department. It is an integrated part of the marketing department and

contributes a lot to achieve the laid target effectively.

WIRE ROD MILL:-

This unit of Bhilai Steel Plant was commissioned on 1967 with a production

capacity of 10,000 to 12,000 tons p.a. as later on it had gone for expansion with most

improve technology. Different measurement of rods i.e. plain rods, rods coiled and of

varying thickness are produced in the Wire Rod Mill. The orders are placed in every

three months, semi-annually, quarterly or as per the demand of the customers from

CMO. On this basis the product are dispatched, if not fully met revalidated to a

further period and if fulfilled then new orders are entertained.

This unit of Bhilai Steel Plant was commissioned on 1961. By 1967 this unit was

also undertaken for expansion with a target production capacity to part with 2.5 MT

section. Some of the product of this unit is engaged with viz. Rounds, Channels,

Angles, Ribbed Rods etc. Some of the major users are Indian Railways, Local

Industrial Units, Heavy Industrial Units and other concern. These products are mostly

used while rectifying the wear and tear of heavy equipments or construction of

structural in industries, The production quantity depends upon the orders placed by

CMO through DP (Dispatch Program) which displays the allotment of different

programs for each SAIL unit.

RAIL & STRUCTURAL MILL:-

This giant unit of Bhilai Steel Plant was commissioned in 1961 with

50,000 tons capacity. Later on the expansion of this unit gave an abundant production


BHILAI STEEL PLANT

capacity of thousand tons of rails per month. From the past many years Bhilai Steel

Plant has been the major supplier of rails, beams, channels and other heavy structural

to the Indian Railways, Export industry and other heavy industrial units. Bhilai Rails

are in the great demand among south east nations and middle-east countries. They

have achieved high laurels excellence internationally. Since the ISO certification of

Bhilai Plates the future plans are to set up the rails on the tracks for ISO standards.

DESCRIPTION OF 4.0 MILLION SECTIONS:

This section of Marketing Department deals with the marketing

procedures of flat able products. Flat able products viz., plates of varied dimensions,

the major functions of this section is performed by CMO which assign the

programmed to his section. The programs are assigned bi-monthly, quarterly, half-

yearly or annually according to the demand. This section is a division of Marketing

Department of BSP, it is headed by Senior Manager and having a strength of 25-30

f) OWNERSHIP PATTERN

Ownership and Management

The Government of India owns about 86% of SAIL's/BSP equity and retains voting

control of the Company. However, SAIL, by virtue of its ‘Navratna’ status, enjoys

significant operational and financial autonomy

OWNER : Government of INDIA & Share holders

CHAIRMAN : S.K.ROONGTA

MANAGING DIRECOR : R.RAMARAJU

BSP is a government limited company and is registered under company’s act 1956.

There is board of directors, Mr. R.RAMARAJU is the managing director and rest of

directors of STEEL AUTHORITY OF INDIA LTD. Mr. R.RAMARAJU the

managing director is there to look after the day to day operations of the company.


BHILAI STEEL PLANT

Shareholding pattern (%)Government 85.8Institutional 8.2Public 4.3Others 1.6

g) COMPETITORS INFORMATION

BSP helps keep India's ship of industry afloat. Steel Authority of India Limited

(SAIL)/BSP is among India's biggest steelmaker. The company's main steel products

include flat products (coils, plates, and sheets), structural (angles, bars, and rods), rail

products (high conductivity rails, light rails, and heavy rails), and tubular products

(welded pipes). In early 2006 SAIL merged with subsidiary Indian Iron and Steel.

Though it controls a third of Indian steel production, SAIL/BSP is no longer the

country's largest steel maker after Tata Steel's takeover of Corus went through. It

hopes to raise its production from 13 million tons to more than 20 million by 2012.

Competitors of SAIL/BSP

1] Arcelor Mittal

2] JFE Holdings

3] Tata Steel

STEEL AUTHORITY OF INDIA is the second largest steel maker in India. With an

annual production of 13.5 million metric tons, SAIL is the 16th largest steel producer

in the world. According to a recent survey, SAIL/BSP is one of India's fastest growing

Public Sector Units.


BHILAI STEEL PLANT

h) INFRASTRUCTURAL FACILITIES

. The company works as per Factories act, 1948. It provides the following

infrastructural facilities.

Machines and equipments:-

I. SMS – 3 for production of steel through BOF & Concast route

II Thin Slab caster

III Walking Beam Furnaces in Rolling Mills in phases

IV. Phasing out of Ingot Casting & Blooming Mill route

V. Pellet Plant

VI. Gas Fired Boiler

Canteen

Well arranged canteen provided by the company. The canteen is run on

contract basis, as per the terms of the contracts.

Ventilation and temperature

Ventilation of the factory is good and there is circulation of fresh air.

Temperature- as all the machines used are of power machines the temperature is

maintained especially in pre- fusing section and ironing section. There are measuring

instruments that is used. ie: use of room thermometer that measured the temperature

of room.

Dust and Fume

Employees are provided with masks and given people who are working in

parts section and cutting section. The dust, that is produced while stitching and cutting


BHILAI STEEL PLANT

and cutting of the fabric as is likely to be injurious to the workers, so effective

measures and prevention of inhalation is taken care by providing them with masks

and also exhaust fans are placed.

.

i) ACHIEVEMENT/AWARDS

Glimpse of some of the awards and achievement bagged by SAIL/BSP and its

employees:

1] Bhilai Steel Plant bagged the most prestigious “Prime Minister Trophy award

2004-05” for becoming the best among the integrated steel plant. Out of 13 PMs

Trophy awarded so far Bhilai steel plant has bagged it 7 times.

2] SAIL was featured in the 2005 list of FORBES GLOBAL 2000 companies at

position 764.

3] 5 employees from Rail& Structural mill bagged Prime Ministers shram Ratna –

The highest shram award. Out of total 15 awarded so far in the country 13 awardees

are from Bhilai Steel Plant.

4] Golden peacock award for the most innovative product was awarded to Bhilai Steel

Plant in the 16th world congress on total quality [WCTQ 2006]

5] Bhilai Steel Plant was declared winner for HR Excellent Award by CLL,

Chattisgarh

6] Ispat suraksha Puraskar for the year 2005 award to BSP by JCSSI

7] BSP a winner of Gold Award in metal sector for outstanding achievement in

environment management for the year 2004-05, sponsored by greentech foundation,

new Delhi.


BHILAI STEEL PLANT

j) WORK FLOW MODEL [END TO END]


SCRAP

SINTER PLANT

BASIC OXYGEN FURNACE

IRON ORE

PELLET PLANT

SMELING REDUCTION

DIRECT REDUCTION

ELECTRIC ARC FURNACE

INGOT

CONTINOUS CASTING

ROLLING MILL

Coke ovens

Blast furnace

BHILAI STEEL PLANT

k) FUTURE GROWTH AND PROSPECTUS

BHILAI STEEL PLANT - Into the Future

Modernization and Expansion Plan of SAIL/BSP Corporate Plan, 2012

Corporate Plan, 2012 (CP12) was formulated in 2004 for 4 integrated steel plants for

increase in Hot Metal production to 20 Mt by 2012. After merger of IISCO in feb’06,

the Hot Metal production Plan was revised to 22.5 Mt by 2012. Expansion of Special

Steel Plants was also included. Besides capacity enhancement, the plan also addresses

the need of SAIL Plants towards eliminating technological obsolescence, energy

savings, enriching product mix, pollution control, developing mines & collieries to

meet higher requirement of key raw materials, introduce customer centric processes

and have matching infrastructure facilities in the Plant to support higher production

volumes. Investment to the tune of Rs 34,982 crore was envisaged under the

Corporate Plan. It was envisaged to take up the Projects in segregated manner based

on the Techno-economic viability of each project.

Objective of CP12

100% production of steel through Basic Oxygen Furnace (BOF) route

100% processing of steel through continuous casting

Value addition by reduction of semi finished steel

Auxiliary fuel injection system in all the Blast Furnaces

State-of-art process control computerization/ automation

State-of-art online testing and quality control

Energy saving schemes

Secondary refining

Adherence to environment norms


BHILAI STEEL PLANT

Production (Mtpa)

Item 2006-07

(Actual)

CP-12

Hot Metal 13.2 22.5

Crude Steel 12.5 21.6

Saleable Steel 11.3 20.2

Areas-Wise Investment Planned (Rs. crore)

Plant Sustenance Quality Capacity Total

BSP 2120 880 6000 9000

DSP 772 545 1523 2840

RSP 1199 832 2559 4590

BSL 2187 833 3320 6340

ASP 306 154 - 460

SSP 18 - 1248 1266

VISL 239 60 299

IPS 513 - 7504 8017

RMD - - 2170 2170

Total 7354 3304 24324 34982

% 21 9 70 100

Expansion Plan, 2010

The Corporate Plan, 2012 was reviewed by Humble Minister of Steel in Jul’06,

wherein it was decided to take up the Expansion of Integrated Steel Plants and Special

Steel Plant in one go based on Composite Project Feasibility Report (CPFR). By that

time Expansion of IISCO Steel Plant and Salem Steel Plant was already approved “in-

principle” based on the Techno-Economic Feasibility Report (TEFR) of MECON. For

the Expansion of other four integrated Steel Plants, MECON was assigned the job of

Preparation of CPFR in Aug’06. The CPFR for the four integrated steel plants was

prepared by MECON. ‘In principle’ approval has been accorded by SAIL Board for

the expansion plans of IISCO Steel Plant (Jul’06), Salem Steel Plant (Jun’06),


BHILAI STEEL PLANT

Bokaro Steel Plant (Dec’06), Bhilai Steel Plant (Apr’07), Rourkela Steel Plant

(May’07) and Durgapur Steel Plant (Jul’07).

Item 2006-07

(Actual)

Capacity as per

Expansion Plans

2010

Hot Metal 14.61 26.18

Crude Steel 13.51 24.59

Saleable Steel 12.58 23.13


BHILAI STEEL PLANT

MCKENSY ’S 7S FRAME WORK

It’s all very well devising a strategy, but you have to be able to

implement it if it’s to do any good. The seven S framework first appeared in “The Art

of Japanese Management” by Richard Pascal and Anthony Athos in 1981. They had

been looking at how Japanese industry had been so successful, at around the same

time that Tom Peters and Robert Waterman were exploring what made a company

excellent. The seven S model was born at a meeting of the four authors in 1978. It

went on to appear in “In search of excellence” by Peters and Waterman, and was taken

up as a basic tool by the global management consultancy McKensy”s: it’s sometimes

known as the McKensy”s 7S model

McKensy’s 7S frame work with special reference to:- Steel Authority of India Limited/BHILAI STEEL PLANT


BHILAI STEEL PLANT

1] STRUCTURE :-


Managing Director

Projects Works P&A Mat .Mgt F&A

M&HS

M&S Info. Tech

Vigilance Commn

ED ED ED ED ED

DIR GM I/C

GM ACVO

COC

ProjectPpe&bedb

GM GM

HRD Pers Town services

GMGMGMGM

I&A CO&CCD

IRON

STEEL

Safety &Fs

Plate Mill

Mill-

quality Refr. services

M&U PE&E

GMGM

GM GM GM GM GM

I/C

GM GM GM

GM I/C GM

I/C

Sps&ohp

Bfs Mines

GM GM GM I/C

SMS 1

SMS 2

GM GM

BBM RSM MM&WR

GM GM GM

PPC Traffic

GM GM

BHILAI STEEL PLANT

There are 8 main departments in SAIL/BSP they are:-

1. Finance Department.

2. Human resource Department.

3. Marketing & strategic planning Department.

4. Production Department.

5. Research &Development Department.

6. Quality control Department.

7. Purchase and store Department.

8. Hospitals.

There are ten Hospital of Bhilai steel plant in Bhilai city only. Mainly this broad

structure can be classified into 4 main categories these are finance, marketing,

production human resource and so on. Under structure the Organizations hierarchy

level will be stated The different departments that are coming in that organization

which all heads are coming under each management and every thing which is needed

for the effective functioning of an organization will be there in the structure of the

organization It will be stated in that to whom all are coming under the board of the

directors and under them who all are coming functions of each of the department etc

Finance department:-

Finance is regarded as the lifeblood of business. The basic objective of financial

management is maximizing the profit of the firm, without profit no firm can exist.

Thus finance has such importance in every firm. The funds should be used properly

and proper accounts should be maintained. The efficiency of production and

marketing function of the enterprises is preformed by the finance division. Thus every

business unit should have a sound financial management


BHILAI STEEL PLANT

FINANCE DEPARMENT:-

The BSP follows a centralized Accounting system. It’s having its own policies. A

part of profit is used as working capital. Finance manager is the head of this

department. BSP maintains proper books of account every year

1) Planning of funds:

Careful estimation of total funds require by the manager is called planning of

funds. It can be either fixed or current asset or also working capital requirement.

The working capital estimation is made by deep analysis as the BSP which deals

with the steel production which needs more capital.

2)Allocation of Funds

Not only planning of funds but also to provide the funds to the proper place at

proper time are also an important task to be done by the financial manager the

financial manager first studies the requirement and then distributes funds.

It spends most of the amount for the improvement of the company’s services and

also for fixed assets like machinery.


Asst. General Manager (Finance)

Asst. Manager

Executives

Office Assistance

BHILAI STEEL PLANT

3) Investment Decisions

The decision on the investment whether it should be of capital or assets

comprises the investment decision. The investment in capital asset is done after a

careful study over the profitability, safety liquidity and solvency factor of that

asset.

4) Recording of Information

All the transactions are recorded in the journal and posted to ledger. Each pin of

transaction is recorded that takes places as it helps in better control and effective

supervision of funds.

5) Preparation of Financial Statements and Evaluation

The financial department will prepare the year ending financial statement to

check the profit and loss of the dairy of that particular year. It also evaluates the

post performance and the present and takes the corrective messages if

required.BSP submits its annual reports to the concerned departments regarding

its financial strengths and weakness of the firm by properly establishing

relationship between the items of balance sheets, profit and loss account.

MARKETING &STRATEGIC DRPARTMENT:-

Marketing &strategic planning department of BSP acts as an interface between

plant & CMO for coordinating marketing activities with CMO for sale of primary

products. A part from this it carries out direct sale of secondary products &By-

products generated in plant.


BHILAI STEEL PLANT

MARKETING&STRATEGIC DEPARTMENT STRACTURE

CENTRAL MARKETING ORGANIZATION

The ISO: 9001:2000 certified central marketing organization (CMO) is India

largest industrial marketing set-up that markets carbon steel produced by the 4

integrated steel plant of SAIL. Headquartered in Kolkata, it transact business

through its network of 34 branch sales offices spread across 4 regions, 25

warehouses equipped with mechanized handling system, 11 customer contact

offices and 16 consignment agents. CMO domestic marketing effort is

supplemented by its ever-widening network of authorized and rural dealers who

meet the demands of the smallest customers in the remotest corners of the


Key activities of M&S deptt.

Co-ordination with CMO/ITD for sale of prime product

Direct sale of secondary/ by products

Sales planning

Order mgt

Key a/c mgt

Complaint handling

Secondary l&S items

Coal chemical fertilizers

Granu, slag, misc. items

BHILAI STEEL PLANT

country. A strong IT support system enables real time network connectivity

within the entire CMO network.

Extensive customer contact, product and segment specification, close monitoring

of order servicing and feedback analysis through the Customer Satisfaction index

are established norms at CMO. The customer – friendly approach of CMO is

backed by practical after sales service. Through the process of key Account

Management, CMO provides single window service to key customers across the

country for every business transaction from enquiry to order booking, order

tracking to delivery, and even consultancy and after sales service.

CMO’s international Trade division (ITD) in New Delhi manages exports of iron

and steel products of SAIL’s five main integrated steel plants and maintains close

liaison with buyers abroad. ITD has successfully established SAIL’s reputation as

a producer of quality steel products and a consistent supplier across the five

continents. Among the notable destination are China. Korea, USA, Canada,

Philippines, Indonesia, Malaysia, Saudi Arabia, Iran, Europe and Singapore, as

well as neighboring countries like Sri Lanka, Myanmar, Nepal and Bangladesh.

The critical function of ensuring efficient and proper dispatch of export materials

and timely import of raw materials to maintain the pace of production of the

SAIL plants is performed by CMO’s Transport and Shipping Division (T&S).

Headquartered at Kolkata, T&S has branch officers at Haidia, paradip and Vizag

ports.

Both ID and T&S are accredited with ISO: 9002 certification.


BHILAI STEEL PLANT

HUMAN RESOURCE DEPARTMENT:

The main functions of Human Resource Department are:

Selection

Select the appropriate Human Resources in the organization

Recruitment

Search for prospective employees and stimulating them to apply for job in

the organization. The company may choose internal and external sources for

the recruitment function.

Training and Development

The company provides quarterly or yearly training and development

programme to the employees of the organization. This program will be helpful

for:

Increasing productivity

Increasing morale of the employees

Increasing organizational stability

The company provides both on the job and off the job training programme.


Legal Officer

Executives

Dept. Staff

Personnel officer

HR Manager

BHILAI STEEL PLANT

PRODUCTION DEPARTMENT

Production means creation of utilities and covers all the activities

of procurement, allocation and utilization of resources. Marketing research enable the

utilization of resources. Marketing research enables the enterprise to determine the

nature and character of output of utilities.The production of a business is concerned

with the creation of a product and services required to satisfying customer. It operates

primarily to satisfy customer demands particularly relating to quality, quantity, price

and above all timing of delivery as schedule in the orders. It must permit production

activities to operate in an economical and efficient manner because cost of production

is vital factor in facing market competition and in ensuring normal profit or return on

the investment.

PRODUCTION PROCESS:_

RAW MATERIALS

Fe scraps, Fe ore, Ferro silicon, Bauxite, Fluorspar, Coke powder, Ferro

Manganese, graphite electrodes, etc are the main raw materials used for the

construction steels.

1. Coal dust injection in Blast furnace –1, 5, 7

Coal dust is a substitute of COKE in Blast Furnace as a auxiliary fuel. The

replacement ratio is 1:1.2 aprox. Using coal dust in Blast furnace directly through

tuyers reduces the requirement of Coke. In Coke Ovens 1.8 gcal energy consume for

converting Coal to coke, this energy is saved.

2. VVVF drive commissioned in ID fan motor of SMS-2

The ID fan motor( 1200 kw) capacity for convertor –C was running continuously at

rated speed during process and as well as during idle time. After installation of VVVf

drive during idle period, the motor run at

42 % of the rated speed. Thereby saving of 7500 kwh/day.


BHILAI STEEL PLANT

3. Development of low power dedicated Ventilation system for

leveler-2 ( 75 kw by 3 kw) in Plate Mill.

75 KW ventilation system had been installed for leveller-2 cooling system. But due to

low loading on leveller-2 it was observed that the requirement is very less.

Accordingly 75 KW system has been replaced by 3.75 kw ventilation system.

4. Coal Tar Injection in Blast Furnace

Coal Tar is a by-product of coke making process. The year when severe coal crisis

was experienced by all Indian steel plants. It was decided by Bhilai management to

inject coal tar as a measure to conserve coke consumption in Blast Furnace.

Technology was developed with in-house know how and required installation was

erected in Blast Furnace # 3. At present about 30-40 liter of coal tar is injected

through tuyers of the furnace and it is observed that the replacement ratio is about 1.4

kg of BF coke per liter of coal tar. Encouraged by the result obtained, management

has decided to extended to Blast furnace # 2 also. Plant scale trial is going on to

establish the obtained result.

5. Modifying the field of Vertical stand and Finishing stand Screw

Down to low voltage system ( 220 V to 145 V) in Plate Mill.

The 230 V supply of Vertical & Finishing stand motor were fed through resistance.

The 230 V supply of Vertical & Finishing stand motor were fed through resistance

boxes. It was observed that actual field supply requirement is only 145 V and 75 V is

being dropped in resistance box. That is why only 145 V direct fed to field winding

without resistance box by changing incoming supply from 11 KV to 6.6 KV of CVDC

transformer.


BHILAI STEEL PLANT

6. Extension of Unloading bay for reducing unloading time of LSHS

The time taken for unloading a rake of LSHS fuel ( 70 wagons) was about 65 hrs , this

was due to insufficient unloading points. It was observed that if 6 no of unloading

points are increased the time for unloading can be reduced to 40 hrs. After this

modification ( in house) total steaming time was reduced .

7. Utilization of waste Lubrication oil in Lime Kiln.

The waste lubrication oil( used) about 100 KL per year earlier was disposed at low

price . A unit is commissioned to reclaim this oil by mixing in LSHS fuel in a ratio of

1 to 1.5 % and successfully consumed in Lime Kiln with out any major effect.

8. Blast Furnace gas firing in Boiler No-6 of Power and Blowing

Station.

The Boiler No –6 of PBS was commissioned with out BF gas firing system and was

consuming coal . In Bhilai Steel Plant BF gas is available in excess and was flared in

the atmosphere , to use this gas Boiler No-6 was modified by providing Burners , and

after this about 60000 M3 /hr BF gas is able to consume in Boiler . This has saved

Boiler coal about 240 Tones per day.

SKILL

A skill is the ability, knowledge and understanding to accomplish a task. Skills may

be defined as what the company does best that distinctive capacities and competencies

that reside in the organization.

The following procedure is performed in particular for training of skill:-

Technically qualified hands are appointed as apprentice trainees. They will get

a preference in future appointment when vacancy arises. Training may be with or

without wages and the training period is limited to two years.


BHILAI STEEL PLANT

Training workers are classified in to four stages, they are:-

Trainee “A”. First six months period with allowance of per day or per month

basis.

Trainee “B”. After six month period with allowance of per day or per month

basis.

Trainee “C”. Trainee who is satisfactory completed trainee-B.the trainee will

trained another six month with allowance of per day or per month basis.

Trainee “D”. Trainee who satisfactory completed trainee-C. That trainee will

be trained another three month with allowance of per day or per month basis.

STYLE

Bhilai steel plant has a top down styles of functioning. Decisions are taken

by the top management and conveyed to the lower level employees. Some decision

makings are participative others are authoritative. Major decisions are taken by the

higher authority in consultation with the lower level employees. Most of the decisions

are participative in nature.

STRATEGY

The strategy in the 7s framework includes purposes, missions, objectives, goals and

Major action plans and policies of the company. Through out the past decade, the

corporate world has given close attention to the interplay between strategy and

structure. Certainly clear ideas about the strategy make the job structural design more

rational. By “strategy” we mean those actions that a company plans in response tour

anticipation to or changes in its external environment-its consumers, its competitors.

.Strategies applied by BSP:-

The main aim of the company will be producing good quality of Iron and steel

product to the public as well as providing more number of employment and increase

the standard of living of the people.


BHILAI STEEL PLANT

The Bhilai steel plant business strategies are based of three core values; they are

operational excellence, Customer’s focus and product leadership.

The business strategy emphasizes the following:-

1. Increase their market shares.

2. Reduced cost of production.

3. Increase company performance.

4. Produce always quality product.

5. To meet social responsibilities.

6. Provide employment opportunity to the people of the area.

7. Meet the national and regional demand of iron and steel products.

8. Reduce the import of iron & steel from the foreign market.

The key to succeed in this environment is to develop that acumen to perceive these

challenges as opportunities. The opportunities for leadership always come in disguise

of challenges and the path to future is full of them BSP”s leadership has evolved a

multipronged strategy to excel in face of multitude of these challenges right from

growth oriented capacity investment, an aggressive marketing plan, thrust on new

products development, investment in raw material projects to strategic social

responsibility measures

. SYSTEM

BSP follows a clearly well defined system. Management information system is identifying

the problems in between the departments and managing the problem with interrelated

process. It contributes to the organizations effectiveness and efficiency in achieving its

objectives. All the departments in the company have their own information systems and

are fully computerized. Each and every department has its own systems and the company

has a common management information system.

Performance Appraisal System:


BHILAI STEEL PLANT

Performances of the employees are appraised on the basis of their commitment

toward the work, their regular attendance and the quality of work done. The company

is following a performance appraisal process:-

Establishing standards.

Communicating standards to the employees.

Measuring actual performance.

Comparing actual with standards.

Discussing reports with employees.

.

QUALITY CONTRAL SYSTEM:-

Each department is headed and its activities were controlled by its departmental

heads. Well equipped quality control department is maintained. Here the quality of the

product is strictly checked and ensured as per ISO 9001:2000 specification

STAFF

Staffs are the most important input in any type of organization. The success

and failure of any organization depends on both labor and staffs Qualitative analyze is

most important in the selection of staffs. If the staff is an efficient person, he is a

valuable asset to the organization.

STEEL AUTHORITY OF INDIA is the second largest steel maker in India. It is

a public sector undertaking wholly owned by Government of India and acts like an

operating company. Incorporated on December 2, 1972, BSP has more than 60000

employees

The Personnel Department of BSP is under General Administration. The total

number of employee in BSP is 2007, out of which 12000 is managerial category, this

include top, middle and operational level managers. And 48000 are factory employees

and office staff. 10% of the total strength is female employees.


BHILAI STEEL PLANT

The total numbers of employees are categorized in to as

1. Managerial Category:- These are people who have the ultimate power to take any

sort of decision here mainly planning or creating strategies for the middle and lower

grade of employees they are mostly engineers and MBA’s they mainly guide others

and takes correct decisions.

2. Staff Category: -These are people of middle levels and mostly they are clerks and

office staffs. They are mainly handling office works according to the work allotted to

them by the upper authorities.

3. Workmen Category:- These are the people whom perform all the work required in a

plant to produce iron & steel and as peon they are mainly categorize into 3 part i.e.

Grade 2 workers:- They are mainly operators of heavy machineries

Attender Grade/unskilled workers:- they are mainly unskilled workers they are

mainly called peon.

Grade 1 workers:-They are mainly very lower level workers mostly do very hard

kind of jobs like cleaning and shifting raw materials from one place to another.

SHARED VALUE

The basic philosophy of Bhilai steel plant is to achieve business excellence and to

create and enhance the value for its share holders, Customers, Employees and

Business Associates and thereby to make a significant contribution to the Economy.

The company endeavors to achieve the highest level of transparency, accountability,

integrity and responsibility by following the best practices in Industry.


BHILAI STEEL PLANT

SWOT ANALYSIS OF THE COMPANY

1] STRENGTH:- The main strength are:-

The company has got a monopoly market condition for it in manufacturing of

steel in Indian market.

The strength of the company (Bhilai Steel Plant) is its iron mines situated near

to the plants which reduce transportation cost and help to increase the profit of

BSP.

The another strength of company is due to its central government holding so

its primary/ major customer is the government itself like Indian railways and

so on which gives large orders for its requirements.

2] WEAKNESS:- The main weakness are:-

As a central government organization as BSP cannot fix a price of its own as

there are pressure from the government.

The other weakness is some times BSP is not able to fulfill the rising supply

as the demand exceeds production capacities.

3] OPPORTUNITIES:- The main opportunities are:-

As demand for the steel in the local market as well as in international market

is increasing day by day

Manufactures are less and demand is on the rise.

4] THREATS:- .The main threats are:-

Non availability of coke in the domestic market which is considered as a raw

material in the manufacturing of iron and steel products as it is mainly

imported from Australia, USA and Middle East due to which price of steel

increases.


BHILAI STEEL PLANT

Summary of the annual report

ANALYSIS OF ANNUAL REPORT – 2OO5, 06, 07

BSE Code 500113NSE Code SAILBloomberg Code SAIL@INMarket Cap Rs243.7bnCMP Rs5952week H/L 59/21Face Value Rs10

Bhilai Steel Plant (BSP) - Chhattisgarh

BSP is India’s sole producer of rails and heavy steel plates and a major producer of

Structural. With an annual production capacity of 3.1mn tons of saleable steel, the

Plant also specializes in other products such as wire rods and merchant products

Product (tpa)

Semis

553,000

Rails and Heavy structural

750,000

Merchant Products (Angles, Channels, Round & TMT bars)

500,000

Wire rods (TMT, Plain & Ribbed)

400,000

Plates (up to 3,600mm)

950,000

Total saleable steel

3,153,000


BHILAI STEEL PLANT

Share Price Chart

Summary of Annual Report :-

The Company has earned a net profit of Rs.22426 million for the financial

year 2006-2007.

Net sales of the company have been increased by 44603 million i.e. by

26.49% during the year.

Share capital had shown no changes from the previous year.

Reserves of the company have been decreased by 43.47% from the previous

year.

Net worth has increased by25125 million from the previous year.

Loan and funds has decreased by 32.7%

Total Fixed assets has been reduced by Rs 8610 million i.e. by 5.98%

Total Current assets has been increased by Rs 9106 million i.e. by 12.48%

Total current liabilities has been increased by Rs 16185 i.e. by 22.12%


BHILAI STEEL PLANT

LEARNING EXPERIENCE

This is a public sector organization which comes under the supervision of

STEEL AUTHORITY OF INDIA LTD. It’s really a good experience in my life time,

where I learnt many things through this inplant training.

Four weeks in plant training at Bhilai Steel Plant gave me an opportunity to

know about the industrial world. In the company I learned about how the management

theories and concept applied in an organization. I saw how few managers managed a

large number of employees and machines to run the company with a profit. More over

the in plant training was a good exposure for me to the working conditions of the

organization. Another important aspect which I noticed in the company was regarding

the discipline followed in the office. ‘

I came to know practically how an organization works in each department.

And I learnt how various products are produced like Blooms, Billets& slabs beams,

channels, angles, plates and rail tracks for producing these .There are different types

of machineries being used within the production department. For operating different

machines different skills are necessary. From the production department I came to

know the need of training. The training is an unavoidable part to perform from the

side of that of the new workers.

I come to know how the marketing department of BHILAI STEEL PLANT

works and how sales planning, order management& complaint handling are done. I

come to know how central marketing organization (CMO) helps BSP in their

marketing activities.

I learnt my things where we can improve our knowledge for our career and to

build good basis on organization exposure.


BHILAI STEEL PLANT

BIBLIOGRAPHY

1] BSP on the web:- www.SAIL.CO.IN

2] www.google.com

3] MAGAZINES:- Related to BSP & company report

4] Various books of managements


http://www.google.com/

http://www.SAIL.CO.IN/

BHILAI STEEL PLANT

ANNEXURE

PROFIT& LOSS A/C FOR THE YEAR ENDING 2006&2007

Period to

(Rs mn)

FY06

(12)

FY07

(12)

Net Sales 168365 212968

Operating expenses (154,601) (174,902)

Operating profit 13,765 38,066

Other income 5,885 6,467

PBIDT 19,650 44,533

Interest (13,340) (8,994)

Depreciation (11,467) (11,226)

Adjustments for Items

capitalized & self

consumption

2,139

2,316

Profit before tax (PBT) (3,018) 26,629

Tax 0 (1185)

Profit after tax (PAT) (3,018)

25444

Extraordinary / prior period

items

(25) (323)

Adjusted profit after tax

(APAT)

(3044) 25121


BHILAI STEEL PLANT

Balance sheet

Period

(Rs mn)

Sources

FY06

(12)

FY07

(12)

Share Capital 41,304 41,304

Reserves (16,052) 9,073

Net Worth 25,252 50,377

Loan Funds 129,279 86,888

Total 154,532 137,264

Uses

Gross Block 275,346 277,127

Accd Depreciation (134,988) (145,589)

Net Block 140,359 131,539

Capital WIP 3613 3,822

Total Fixed Assets 143,971 135,361

Investments 5,432 5,432

Total Current Assets 72,907 82,013

Total Current Liabilities (73,141) (89,326)

Net Working Capital) (234 (7,313)

Miscellaneous expenditure 5,363 3,785

Total 154,532 137,264


Corporate Exposure and Inplant Training Bilayi Steel Plant

Documents