Union Minister for Steel Virbhadra Singh dedicated the new 0.8-million tonne Slab Caster Complex in Steel Melting Shop (SMS)-II of the Bhilai Steel Plant (BSP) of Steel Authority of India Limited (SAIL).

The new slab caster complex has been installed at a sanctioned expenditure of over Rs 520 crore.

Also Read   Related Stories News Now - SAIL may set up plant in Himachal - SAIL sells surplus power to West Bengal - Steel Min to meet PM, FM on restricting iron ore exports - Govt richer by Rs 3.5 lakh crore as PSU shares soar - BEML ties up with Alstom for high-speed coaches - No hike in import duty on steel for now: Govt

Also Read   Related Stories News Now - Markets end lower ahead of May F&O expiry - Parsvnath posts Rs 23 cr loss in Q4 - Educomp net down 57% at Rs 61 cr in Jan-Mar qtr - DLF Q4 net plunges 39% to Rs 211 cr - Provogue Q4 net profit down 71% at Rs 1.81 cr More

The Slab Caster and Ladle Furnace were installed by a consortium led by M/s Danieli & C of Italy and RH Degasser was installed by a consortium led by M/s Siemens VAI, Germany. The commissioning of the Ladle Furnace was done in June 2008 and the Performance Guarantee test was successfully completed in May 2009.

The new Caster will further enhance Bhilai’s steel-making capabilities. It will facilitate replacement and modernisation of existing casters.

New Ipad Application :Business Standard's all new IPad App Click here to download for free Other Stories      - Markets end lower ahead of May F&O expiry - Parsvnath posts Rs 23 cr loss in Q4 - Educomp net down 57% at Rs 61 cr in Jan-Mar qtr - DLF Q4 net plunges 39% to Rs 211 cr - Provogue Q4 net profit down 71% at Rs 1.81 cr

Tags : SAIL | SMS | BSP | SMS-III   Read Business news in  Advertisements -  India's no. 1 Property Site. Click here to know more -  Help a Child Achieve her. Click to know more -  The Best Seller is Also the No. 1 in Mileage. Click here -  Watch The Film Here. Click here to know more.. -  Learn How One City is Running on FOOD SCRAPS. -  1 billion in saving for Unilever without any tangles. -  One Partnership Endless Possibilities. Click here to know more -  Helping doctors detect diseases earlier, saving costs & extending lives. -  Which is the best plan for your daughter -  Check out the TRUE COLOURS of your Stocks, Now for FREE! -  One of the leading business schools in the world.Know More -  2 Lac Apartments, 1 Lac House / Plots. Click here