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Brief Overview of Steel Authority of India Ltd. (SAIL)

SAIL is India's second largest steel producing company with five integrated steel plants and three special plants across India. It has undergone modernization and expansion to increase production capacity of hot metal, crude steel, and saleable steel. SAIL focuses on corporate social responsibility initiatives related to education, healthcare, livelihood, and rural development near its plant locations. It aims to operate in a socially and environmentally responsible manner.

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0% found this document useful (0 votes)
224 views8 pages

Brief Overview of Steel Authority of India Ltd. (SAIL)

SAIL is India's second largest steel producing company with five integrated steel plants and three special plants across India. It has undergone modernization and expansion to increase production capacity of hot metal, crude steel, and saleable steel. SAIL focuses on corporate social responsibility initiatives related to education, healthcare, livelihood, and rural development near its plant locations. It aims to operate in a socially and environmentally responsible manner.

Uploaded by

sieaus
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Brief Overview of Steel Authority of India Ltd.

(SAIL)

SAIL is India‟s Second largest steel producing company. With a turnover of Rs.
58,297 crore, the company is among the five Maharatnas of the country‟s Central
Public Sector Enterprises. SAIL has five integrated steel plants, three special plants
and one subsidiary in different parts of the country.

1. Capital Structure of SAIL as on 31ST March,2019 Rs. 4130.53 crore


(4,13,05,25,289 equity shares of Rs. 10 each fully paid)
2. Profit/Loss After Tax over the last three Financial Years

2015-16 2016-17 2017-18

Profit/Loss Rs. In (Crore) -4021 -2833 -482

3. Nil Dividends declared in last three years due to not having profit.
4. A. Production
(in 000 T)
Year/Items Hot Metal Crude Steel Saleable Steel
2011-12 14116 13350 12400
2012-13 14266 13417 12385
2013-14 14447 13579 12880
2014-15 15413 13908 12842
2015-16 15721 14279 12381
2016-17 15726 14496 13867
2017-18 15938 15021 14074
9M 2018-19 12842 11928 10946

4. B. Financials
(In Rs. Crore)
YEAR / SALES EBIT PBT PAT NETWORTH
ITEMS TURNOVER DA
2011-12 50348 7658 5151 3543 39811
2012-13 49350 5621 3241 2170 41025
2013-14 51866 4951 3225 2616 42666
2014-15 50627 5586 2359 2093 43505
2015-16 43294 -2204 -7008 -4021 39196
2016-17 49180 672 -4851 -2833 36009
2017-18 58297 5184 -759 -482 35714
9M 2018-19 47944 7814 2626 1710 37440
5. EXPANSION & MODERNISATION OF SAIL:

Steel Authority of India Limited (SAIL) has undertaken Modernisation & Expansion of
its integrated steel plants at Bhilai, Bokaro, Rourkela, Durgapur & Burnpur and
special steel plant at Salem including raw material resources and other related
facilities. The Expansion Plan of SAIL, besides capacity enhancement, adequately
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 inputs, introduce customer centric
processes and have matching infrastructure facilities in the Plant to support higher
production volumes.

The Modernisation & Expansion Plan envisages increase in capacity of hot metal,
crude steel & saleable steel as follows:
(Million Tonnes per annum)
Items Capacity Before Capacity after
Expansion Expansion
Hot Metal 13.82 23.46
Crude Steel 12.84 21.40
Saleable Steel 11.07 20.23

The indicative investment for Modernization & Expansion is Rs. 61,870 crore.
Besides, provision of Rs.10,264 crore has been made towards investment in existing
mines under Raw Materials Division (RMD) & development of Rowghat mine.

Under the Modernisation & Expansion Plan of SAIL, new large size Blast Furnaces
(>4000 m3), new state-of-the-art Rolling Mills such as Universal Rail Mill and Bar &
Rod Mill at Bhilai Steel Plant, 4.3m wide Plate Mill at Rourkela Steel Plant, Universal
Section Mill and Wire Rod & Bar Mill at IISCO Steel Plant, Medium Structural Mill and
Bloom cum Round Caster at Durgapur Steel Plant and Cold Rolling Mill with coupled
Pickling Line & Tandem Cold Mill at Bokaro Steel Plant have been installed.

The Modernisation and Expansion at Rourkela, Burnpur, Durgapur, Bokaro and


Salem Steel Plants has been completed and various facilities are under operation,
stabilization & ramp up.The modernisation & expansion of Rourkela Steel Plant and
IISCO Steel Plant have been dedicated to the Nation by the Hon‟ble Prime Minister
on 01.04.2015 & 10.05.2015 respectively.

At Bhilai Steel Plant, major facilities under Modernisation & Expansion have been
completed and the integrated process route is in operation. Hon‟ble Prime Minister of
India dedicated the Modernized and Expanded Bhilai Steel Plant to the Nation on
14.6.2018.
6. SAIL CORPORATE SOCIAL RESPONSIBILITY

SAIL CSR Policy

The company shall strive to integrate its business values and operations in an
ethical and transparent manner. It will demonstrate its commitment to sustainable
development and to meet the interests of its stakeholders. The Company committed
to continuously improving its social responsibilities, environment and economic
practices to make positive impact on the society.

Guiding principles of SAIL CSR Policy:

 Create value for the stakeholders and society that are fundamentally linked
to SAIL‟s core business strategies and operations through its services,
conduct & initiatives for their sustainable development.
 Enhance value creation for the community in which it operates by
identifying with the hamlet and foster goodwill towards the Company from
those living along the periphery by enhancing the quality of life of people in
the direct impact zone.
 Support the community by assisting the underprivileged.
 Carry out developmental initiatives in order to meet the calls of the present
without compromising the ability of future to meet its needs.
 Support local populace by building the image of SAIL as patron of diverse
pastoral sports, art & cultures.
 To operate in a socially, environmentally and economically responsible
manner, so as to succeed by seeking social license.

SAIL CSR Trust Areas :

All the CSR activities/projects fall in line with Schedule VII of the Companies
Act, 2013 focusing on issues which are of foremost concern in the national
development agenda:

 Promoting healthcare including preventive health care, sanitation and


access to drinking water;
 Promotion of education, employment/livelihood enhancing vocation skills
 Promotion of gender equality, empowering women, facilities for senior
citizens and Persons with special abilities and socially-economically
backward groups;
 Ensuring environmental sustainability, animal welfare and agro-forestry
 Protection of national heritage, art and culture
 Training to promote rural sports
 Rural development
Salient Highlights/Achievements during the last five years

 Inspired by the call of Hon‟ble Prime Minister for “Swachha Vidyalaya


Abhiyan”, SAIL took up construction of toilets in schools under the drive to
promote sanitation and hygiene in remote areas. The construction of the
targeted toilets has been executed by SAIL. SAIL has achieved 100%
compliance by constructing 672 toilets in the schools (as allocated by Ministry
of HRD), falling within the periphery of its plants & mines in the States of
Chhattisgarh, W.Bengal, Odisha, Jharkhand, M.P. &Tamil Nadu.

 Education :
- Mid-day meals provided in 630 Govt. Schools covering around 68,000
children on daily basis in Bhilai & Rourkela in association with Akshya
Patra Foundation & State Government.
- 6 Schools have been set up at the plant locations which are exclusively for
children of under-privileged background. 1600 children are being provided
free Education, Books, Uniform, Meal, etc. in these schools.
- More than 500 Tribal children are getting free Education, Accommodation,
Meals & Uniforms, textbooks, etc. at Saranda Suvan Chhatravas,
Kiriburu; RTC Residential Public School, Manoharpur; Gyanodaya
Chhatravas, BSP School Rajhara, Bhilai; Birhore children at Gyanjyoti
Yojna, Bokaro.

 Women Empowerment & Sustainable Income Generation:


- Vocational and specialised skill development training targeted towards
sustainable income generation were imparted to approx. 2000 identified
youths per annum in areas such as Nursing, Physiotherapy, LMV Driving,
Computers, Mobile repairing, Welder, Fitter & Electrician Training
Improved agriculture, Mushroom cultivation, Goatery, Poultry, Fishery,
Piggery, Achar/Pappad/ Agarbati/Candle making, Screen printing,
Handicrafts, Sericulture, Yarn Weaving, Tailoring, Sewing & embroidery,
Gloves, Spices, Towels, Gunny-bags, Low-cost-Sanitary Napkins, Sweet
Box, Soap, Smokeless chullah making etc.
 The above activities are carried out at Steel Plant and Mines locations
such as Bhilai Ispat Kaushal Kutir, Swayamsiddha & PG College of
Nursing, Bhilai with Free Boarding & Lodging, Kishori at Rourkela,
Shipangan & Skill Development and Self Employment Training Institute
(SDSETI) at Durgapur, Vocational Training Centre & „Mahila Mangal
Sabha‟ at Burnpur, Garment Technician Training at Salem, JHARCRAFT
centre at Bokaro and Self Employment Centre “KIRAN” at Kiriburu Ore
Mines & Meghahathaburu, Aashaye Handloom Center at Gua, etc. SAIL
is also instrumental in marketing of the products manufactured at such
centers.
- About 700 youths/annum are supported for ITI trainings in trades, viz.
Fitter, Electrician, Draftsman Civil, Machinist, Turner, Instrument
machinist, Diesel Mechanic, Welder, etc. SAIL has set up ITIs at Bokaro,
Bolani & Barsua where youths are getting training in industrial Trades.
SAIL also supports Govt. ITI at Gua. In addition, SAIL Plants/Units
sponsor Rural and Tribal youths from their peripheral areas on yearly
basis for training at various ITIs/ITCs e.g. 5 reputed ITCs at Rourkela,
ITC, Balidih, etc.

 Health-Care :
- Kalyan Chikitsalyas: 7 exclusive Health Centers for under-privileged
/Backward people are providing free treatment and medicines to more
than 100,000 villagers per year.

- In order to deliver quality healthcare at the doorsteps of the needy, about


4000 regular health camps per annum in various villages are organized
benefitting about 75,000 people living in the periphery of plants/units,
mines & far-flung areas.

- 5 Mobile Medical Units (MMUs) running in the plant peripheries benefitted


about 44,000 villagers every year at their doorsteps.
 Water supply & Sanitation in villages around Rourkela Steel Plant:
- SAIL has converged its CSR endeavours by developing sustainable tap
water source and constructing useable toilets for each family in 19 villages
of Rourkela, i.e. over 10,000 natives have benefitted.
 Project Vasundhara : Development of Bio-Diversity Park at Durgapur
- SAIL, Durgapur Steel Plant has undertaken the mission project for
development of the 409 acres Bio-Diversity Park with 7 water-bodies
aesthetically designed for rain water harvesting, soil conservation and
watering the plants, plantation of 60,000 saplings of 400 different species
to attract migratory birds facilitating avian diversity, propagation of rare
and medicinal plants/ocrhards for maintaining ecological balance,
environmental sustainability and benefitting/ educating 75,000 natives.
 Bhilai Ispat Siyan Sadan at Durg:
- The Senior Citizens‟ Home accommodates and takes care of 34 elderly
people who are residing in its 20 furnished rooms, with honour and
respect. The building of a training centre has been refurbished with all
the required facilities like kitchen, Dining hall, Multipurpose Hall,
Recreation hall, etc. Round the clock water supply and electricity are
provided free of charge. For recreation, cultural programs like Kavi
Sammelan, Musical Evening, Bhajan Sandhya, festivals, interaction with
employees, indoor gams, TV, etc. are arranged regularly.
- The Hon‟ble President of India has honoured SAIL, Bhilai Steel Plant with
the prestigious Vayoshreshtha Samman on October 1, 2016 for its welfare
initiative for Senior Citizens at Siyan Sadan. The award has been instituted
by Ministry of Social Welfare and Empowerment, Government of India.
 Eklavya Archery Academy at Kiriburu Mines
- 23 cadets (12 boys & 11 girls) from the tribal belt of Kiriburu Mines are
undergoing International (Olympic) standard „Modern Recurve Archery‟
training, kits, schooling, hostel, food, etc. free of cost. At National Level
they have won 141 medals, i.e. 44 Gold, 51 Silver, 6 Bronze and at
International Championships: 2 Gold and 1 Bronze. 2 Archers Sh.
Hurdub Tiriya and Sh. Prakash Pan have got employment in Indian Army.
 Development of Communities residing in Saranda Forest:
- In an effort to bring the marginalized masses of the remote forest areas
to the mainstream of development, SAIL in association with Govt. of
Jharkhand and Ministry of Rural Development, Govt. of India actively
participated in the development process of Saranda forest, Jharkhand.
SAIL is running 5 Mobile Medical Units/ambulances in the region, provided
7000 each of bicycles, transistors, solar lanterns and established an
Integrated Development Centre (IDC) at Digha village in Saranda forest.
IDC comprises of facilities like Bank, Panchayat Office, Ration shop,
Telecom office, Anganwadi Centre, Meeting room etc. for the local
populace.
 Model Steel Villages
- In order to bridge the gap between rural and urban areas and to provide
comprehensive development of both physical and social infrastructure, 79
villages were identified as “Model Steel Villages” across the country (in
eight states). The developmental activities undertaken in these villages
include medical & health services, education, roads & connectivity,
sanitation, community centers, livelihood generation, sports facilities, etc.
The facilities developed at these MSVs are being run and maintained
regularly.

Expenditure on SAIL CSR activities :

The details of expenditure on CSR activities during last five years are as follows:

(Amount Rs/Crore)

Sl. Year CSR Expenditure


No

1 2014-15 35.04

2 2015-16 76.16

3 2016-17 29.05

4 2017-18 25.70

5 2018-19 17.42 (upto Q3)


7. STATUS OF BOARD LEVEL APPOINTMENTS AS ON 01.04.2019

1. Name of the CPSE: STEEL AUTHORITY OF INDIA LIMITED

2. Schedule (A/B/C/D/Uncategorized) A

3. Whether Listed (Yes/No) Yes

4. Administrative Ministry/Department: Ministry of Steel

5. Number of sanctioned posts of Directors*: Functional__7___ Official___2___


Non-Official ___9___

6. Details of Directors in Position:

SL Details of Directors NAME Date of Birth Date of Date of


Joining Superannua-
tion/Tenure
ending

Designation Category
(Functional
/Governme
nt/Indepen
dent

Functional Directors

1. Chairman Functional Shri Anil Kumar 11.12.1960 01.09.2011 31.12.2020


Chaudhary

2. Director (Projects Functional Dr. G. 18.01.1960 31.12.2015 31.01.2020


& Business Vishwakarma
Planning)

3. Director Functional Smt. Soma 21.04.1963 01.03.2017 30.04.2023/


(Commercial) Mondal 28.02.2022

4. Director Functional Shri Atul 06.01.1962 12.03.2018 31.01.2022


(Personnel) Srivastava

5. Director Functional Shri Harinand Rai 01.05.1962 01.08.2018 30.04.2022


(Technical)
SL Details of Directors NAME Date of Birth Date of Date of
Joining Superannua-
tion/Tenure
ending

6. Director (Raw Functional Shri Vivek Gupta 06.07.1960 27.03.2019 31.07.2020


Materials &
Logistics)

7. Director (Finance) Functional Vacant -- -- --

Official Director

8. SS&FA Government Shri Saraswati 24.12.1960 08.02.2017 Co-terminus


Director, Parsad
MOS

9. Joint Secretary Government Shri Puneet 13.10.1971 07.05.2018 Co-terminus


Director, Kansal
MOS

Non-Official Directors

10. Non-Official Part- Independe Prof. Ashok Gupta 06.06.1957 18.11.2015 17.11.2019
time Director nt Director

11. Non-Official Part- Independe CA Parmod Bindal 01.10.1962 18.11.2015 17.11.2019


time Director nt Director

12. Non-Official Part- Independe Mrs. Anshu Vaish 04.09.1952 18.11.2015 17.11.2019
time Director nt Director

13. Non-Official Part- Independe Dr. Samar Singh 20.06.1960 04.02.2017 03.02.2020
time Director nt Director

14. Non-Official Part- Independe Shri Nilajan 03.08.1955 04.02.2017 03.02.2020


time Director nt Director Sanyal

15. Non-Official Part- Independe CA K.S. Chauhan 01.04.1964 22.09.2017 21.09.2020


time Director nt Director

16. Non-Official Part- Independe Shri N.K. Taneja 07.04.1955 22.09.2017 21.09.2020
time Director nt Director

17. Non-Official Part- Independe Shri K.K. Gupta 01.03.1956 21.12.2018 20.12.2021
time Director nt Director

Note: Details of vacant posts of Directors: 1 post of Director (Finance) and 1 post of Independent
Director

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