Steel Minister reviews the progress of Jagdishpur SAIL Unit (JSU)

Shri Beni Prasad Verma, Steel Minister, Government of India held a meeting with senior officials from Ministry of Steel & SAIL at Lucknow and reviewed the progress of the ongoing revival work of Jagdishpur SAIL Unit (JSU), which is erstwhile Malvika Steel at Jagdishpur (U.P.). While expressing satisfaction over the status and progress, he commended the SAIL team for nearing the completion of Warehouse and Galvanised Sheet Corrugation Unit. Mr. U.P.Singh, Joint Secretary, Ministry of Steel, Mr. C.S.Verma, Chairman, SAIL, Mr. S.N.Singh, MD, RSP and  representatives from Kobe Steel were among those present during the meeting.

Mr. C.S.Verma, Chairman, SAIL outlined the proposed strategy for the JSU and stated that the revival work is going on as per schedule and the unit will be successfully operational soon.

It is noteworthy that SAIL acquired the assets of erstwhile M/s Malvika Steel at Jagdishpur (U.P) in the year 2009 which were registered in SAIL’s name in June 2010. For reviving this setup and to supply value-added finished products to meet the demand of the region, initially four main units were proposed under Phase-1. Two units namely, a Warehouse with a capacity of 12,000 tons per annum and a Galvanised Sheet Corrugation unit of capacity 13,000 tons per annum are in final stages and shall be ready for commissioning very soon. Work for two more units under the current phase viz.  a TMT Bar Mill of capacity 150,000 tons per annum and a Crash Barrier Manufacturing unit of capacity 10,000 tons per annum is progressing as per schedule and shall be completed by November 2011. The inputs of GP Sheets, Billets and HR sheets for all these facilities will be sourced from the existing plants and units of SAIL.  The finished products will be dispatched through road.

For Phase-2, discussions with M/s KOBE Steel Japan are being held for which a Joint Task Force Team has been formed which is likely to submit its report in March 2011.  Options for setting up a 1000 mw gas-based Power Plant  and a steel plant based on the technology of Direct Reduced Iron making (Gas based) and Electric Arc Furnace steel making with value added products are being examined. SAIL is carrying out many activities under Corporate Social Responsibility (CSR) in and around Jagdishpur.  The School inside the campus has been renovated with basic amenities and playground. 210 children have been registered with the school and are studying. Medical health check up camps organized in nearby villages/ schools regularly and necessary medicines disbursed. Medical health centre with one doctor and two pharmacists is functional; one ambulance is also in operation. Many patients are being examined daily in the health centre and free medicines are provided to them.

Hon’ble Steel Minister stated that for further industrial development of the State of Uttar Pradesh, SAIL will also be examining the feasibility of setting up a Steel Processing Unit at Barabanki/Gonda.