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RINL Exceeds 25% Growth in Sales Mining Summit

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RINL Exceeds 25% Growth in Sales Mining Summit RNI Certificate No.69375/98 MarchPostal Registered 16-31, No.VSP-127/2018-202019 VIZAG INDUSTRIAL SCAN 1 ndustrialVizag Scan I An Industrial Fortnightly VOLUME 21 ISSUE 22, PAGES: 12 March 16-31, 2019 www.viscan.in ANNUAL SUBSCRIPTION Rs.999/- Karambir Singh Industrial RINL exceeds 25% boom in AP ver the past few years next CNS Othe sun rise state of growth in sales AP has witnessed some VIS News Service significant investments ovt. of India has from across a range of Turnover Highest since inception Gappointed Vice Adm industries and sectors. Be Karambir Singh, PVSM it a leading tire AVSM ADC as the next manufacturer, a global VIS News Service Chief of the Naval Staff automotive manufacturer, he fiscal year of 2018- (CNS) on superannuation paper and pulp T19 has been a of Admiral Sunil Lanba manufacturer, global IT significant year for RINL PVSM AVMS ADC on companies, pharma cos the the corporate entity of May 31, 2019. Vice Adm list goes on of the investors Vizag steel plant. The firm Karambir Singh would be that have put their faith in recently held a press the first helicopter pilot of Maharashtra before the state of AP. conference in the city the Indian Navy to be joining National Defence There is an industrial highlighting its appointed as the CNS. Academy, Khadakwasla. boom that has taken place achievements for the fiscal Vice Adm Karambir Commissioned into the in the sun rise state of AP’ 2018-19. The RINL Singh, a native of Indian Navy in July 1980, said a top government collective informed that all Jalandhar, Punjab did his Vice Admiral Karambir official to Vizag Industrial Scan. These mammoth the expansion and initial studies in various earned his wings as a schools across the country helicopter pilot in 1982 investments he says modernization facilities marketing, personnel in most of the production wherever his father, who and has flown extensively wouldn’t have been were commissioned and related issues, materials areas, improvement in the was in the Indian Airforce on the Chetak and Kamov possible without the available for operation and management or finance. capacity utilization of was posted. He finally helicopters in support of leadership of Mr. N that significant progress There has been a Mills and improvement in graduated from Barnes Fleet Operations. He is a Chandra Babu Naidu. was made on all the fronts growth of around 10 - 12% be it production, projects, Contd. on Page 2 School, Deolali Contd. on Page 3 Details on Page:10 HPCL VR expansion on track Aditya Sabharwal bring in 300 new jobs. The Visakh refinery’s il marketing major modernization project is O HPCL’s being undertaken at a modernization plans at its mammoth cost of Rs Vizag refinery is all set to 21000 crores. Just recently be commissioned by late the Vizag unit received two next year. major equipments for its In a conversation modernization works i.e. to Vizag Industrial Crude & Vacuum columns Scan Mr V Ratan Raj, for the CDU. HPCL’s chief general The Crude Distillation manager (I/c) Visakh Unit (CDU) is one of the refinery stated ‘If all goes commissioned the refining process units being set up as planned our capacity of the Visakh under this project in modernization project refinery shall increase which the Crude & shall be completed by the from the current 8 mtpa to Vacuum columns are the second quarter of 2020’. 15 mtpa. This Once all the plants are enhancement shall also Contd. on Page 3 Capitalizing on the industrial use of Ganja in AP Aditya Sabharwal derived from the same ganja while the stem family of Cannabis (often (straw) has industrial cross the world there referred to as Marijuana or applications to it. Products Ahave been calls for from Hemp like seeds, oil, legalizing the use of fiber are expected to be a cannabis with many multi-Billion dollar countries especially USA, industry in a few years. Canada and other ‘While India is still European countries having grappling with the rules, already gone ahead and the US, Chinese and approved it for medicinal European governments use and in many cases also have already legalized for recreational use. farming on hemp as long Now it is the relatively as the THC is below .3%’ unknown cousin says Mr Pradeep (industrial hemp) of Sabharwal founder T3T Cannabis that is slowly Ganja) but has different Wellness Private Limited a getting investor’s properties. It is from the company engaged in attention. very cannabis plant that the Industrial Hemp is flowers are used to extract Contd. on Page 7 March 16-31, 2019 Steel Scan VIZAG INDUSTRIAL SCAN 2 RINL Celebrates Steel Safety Day INL CMD Mr. PK Rath, observed that Steel ‘Need strong whistle blower policy’ Rindustry is very complex and hazardous Industry and hence, called upon every individual in the organization VIS News Service to facilitate their working. to follow safe behaviour. Joint Secretary and CVO of the Mr. J Siva Shankar Reddy, Joint Chief inspector of inistry of Steel Ministry of Steel Ms. Ruchika Factories, Visakhapatnam, AP Government applauded M organized a two-day Chaudhary Govil said said the aim the efforts of RINL in conducting the Safety Promotional Vigilance Conclave in New of organizing the conclave is to help activities on a regular basis. He stressed upon the need Delhi recently. The reduce opacity, delays and for safety to be followed not only at the workspot but Conclave was aimed at discretions, which often result in also in every walk of human life. Further, he stressed sensitizing the officials of matters being embroiled in the importance on driving the vehicles at safer speeds. Steel PSUs on the basic vigilance. Mr. J Rajendran, DGM (Safety) gave the presentation principles and procedures to In the 2-day conclave, basic on various safety promotional measures conducted in be followed while taking issues concerning vigilance, connection with Steel Safety Day-2019. important administrative adherence to rules and regulations and commercial decisions relating to public procurements, HR experts meet on NIPM relating to various functions transparency in tendering processes, including procurements, e-procurement, GeM, GFR, e- foundation day contracts, personnel and auction, ethics in governance, finance. complaint handling system and other Inaugurating the matters of importance were conclave, Central Vigilance deliberated upon. Commissioner Mr. K.V. Chairman SAIL Mr. Anil Kumar Mr. K.V. Chowdary Chowdary said Chaudhary, CMD MECON Mr. transparency and Atul Bhatt and RINL CMD, Mr. P. accountability are the cardinal Secretary Steel Mr. Binoy K. Rath were also present in the principles of decision making. He Kumar, said that at times, lack of inaugural function. stressed upon having a strong knowledge and awareness of good Around 100 senior officials of the uman Resources experts from public and private internal whistle blower mechanism practices result in flouting of rules PSUs of the Ministry of the Steel, viz; Hsectors deliberated on a wide range of topics, case in every organization. The CVC also and procedures, which can be SAIL, RINL, NMDC, MECON, studies, challenges and the latest trends in the HR emphasized that there are enough in- avoided. He impressed upon the KIOCL, MOIL, MSTC, FSNL, Bird th profession at the 40 Foundation Day of National built safeguards in the law to protect participants to understand the Group of Companies and OMDC Institute of Personnel Management (NIPM), Utkal honest and upright officers. nuances of vigilance administration participated in the conclave. Chapter, held at Nalco Nagar, Bhubaneswar recently. RINL exceeds 25% growth in sales Mining Summit Contd. from Page 1 IMI is organizing various techno-economic Rae Bareilly Forged Wheel Plant project expected to be com- F a Sustainable Mining parameters said the top missioned by September’19 Summit in Bhubaneswar on 11 – management of RINL. 12 April, 2019. The summit aims to deliberate on various mining In the area of RINL is shortly going to sign an MOU with KIOCL for setting issues concerning sustainability, Expansion & up a pellet plant at Visakhapatnam Modernization notable which will result in a road-map progress was made and it for sustainable mining in India. Vizag steel continued to be used in major Projects like was informed that the Various stakeholders, including Government Coke oven Battery – 5, Polavaram Dam, Statue of Unity, Rohtang tunnel and Metro agencies, regulators, industry stalwarts, practicing Central dispatch yard, Rail projects at various Metros managers, NGOs, academicians and strategists are KBR-2 projects are expected to come together on this platform to deliberate on these very important issues at a turning progressing at a brisk pace International operations commenced with the opening of the point in the Indian Mining History”. As per FIMI in for early commissioning. of IMO Colombo On the marketing front the current mining statute, many operative non- captive mines are about to expire in March, 2020 the growth in sales has Vizag steel has added another branch at Indore in addition to been more than 25%. The and much of the established raw material supply turnover is expected to its existing 23 branches chain is about to undergo a major shift. cross Rs 20,500 crores, the highest since inception said its CMD PK Rath. identified. various techno-economic 10% over last year. CFO of Sri City bags To cater to the higher As a result, significant parameters such as Labour Even though, there is a production levels new growth was achieved in all Productivity, Specific considerable increase in major areas of production Energy Consumption and raw material cost and CFO India’s award Specific Water depreciation which VIS News Service In an initiative to bring increased by 38%, the Consumption.
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