RINL sales turn over touch to a high of Rs.11,372

Achieves 124% fulfillment of MOU target with GOI
Rural Dealers increased to 223 nos. in the country

RINL, Visakhapatnam Steel Plant registered a record sales turnover of Rs. 11,372 Crs. during the period April 2011 to January 2012, which represents a growth of 24% over the corresponding period last year. The sales turnover corresponds to 124% fulfillment of MOU Target committed with the Ministry of Steel, Government of India. RINL has made yet another record of posting sales turnover of Rs. 1,428 Crs., during January, 2012 which is the best ever January since inception. Further, during the month of January 2012, inventory of saleable steel has been reduced by 44 thousand tons.
RINL has been registering sales turnover of more than Rs. 1,000 Crs., month after month continuously from June, 2011 onwards.
Sri AP Choudhary, CMD, RINL congratulated the Marketing Collective for achieving excellent performance in commercial activity.
It is worth mentioning that RINL could achieve this performance in spite of the difficult market conditions both in the domestic and international markets being subdued. Such consistently high performance in sluggish steel market is mainly due to dynamic market mix, strong team work and focus on customer service.
During the period RINL has expanded the Distribution Network by opening of two new Consignment Sales Agency outlets at Bhopal and Jabalpur. The Hyderabad stockyard with the new Railway siding inside the yard was opened in the month of January, 2012 to allow the Railway wagons to come inside the Stockyard facilitating faster unloading the materials and improving the customer service.
RINL has also added six new Rural Dealers during January 2012 taking the total number of Rural Dealers to 223 nos.

Steel Minister’s Trophy for RINL

Second time for RINL
Once again proves the strength, dedication, commitment and
Team-work of the RINL collective
Prime Ministers Trophy also won Twice
RINL has bagged the prestigious "Steel Minister’s Trophy" (for its performance in the year 2009-10) for being the best Integrated Steel Plant in the country. This is the second time RINL has won this award. RINL has also won coveted "Prime Minister’s Trophy" for the best integrated steel plant in the country twice earlier.
Mr. AP Choudhary, CMD, RINL conveyed his heartiest congratulations to all the employees and stated that ‘the award once again proves the strength, dedication, commitment and team-work of the RINL collective and he is optimistic that this coveted award for the second time will instill a great sense of confidence and further motivate to reach higher echelons of performance to create new benchmarks of excellence.
Mr. Choudhary asserted that there is a daunting task ahead for production from expansion units and also stabilizing these units. He exhorted that he has enormous confidence and sincerely hoped that completion of 6.3 Mtpa expansion and modernization plans will further strengthen the RINL’s commendable performance and he asserted that the success of RINL lies in boundless energy & enthusiasm of RINL collective.
RINL has completed its 6.3 Mtpa expansion project and all set to roll out its production from new units very shortly.
The Steel Ministers Trophy for the best Integrated Steel Plants in the country has been incorporated from the assessment year 2006-07. Both Public and Private Sector Integrated Steel giants (Viz. RINl-Vizag Steel, TATA, SAIL, JSPL, JSW, ESSAR) compete every year for this coveted award.
Mr. AP Choudhary, CMD, RINL thanked the Ministry of Steel, AP Govt and District Administration for their continuous support and guidance.

RINL INKS MOU WITH AP GOVERNEMENT FOR RS 42,000 CRORE INVESTMENTS

RINL EMERGED AS “NUMBER ONE” COMPANY FOR INVESTMENTS IN AP
STATE GOVT WILL FULLY SUPPORT RINL FOR ALLOTMENT OF MINES AND SUPPLY OF WATER, POWER ETC.
The Rashtriya Ispat Nigam Limited, Visakhapatnam Steel Plant signed a Memorandum of Understanding (MOU) with the Government of Andhra Pradesh today for huge investments to the tune of Rs.42,000 crores for various projects in its current facility at Visakhapatnam and other parts of the State. With this, RINL emerged as the “NUMBER ONE” Company as far as the investments are concerned in Andhra Pradesh and this will give a big boost to the industrial development of the State particularly the Visakhapatnam region.
The MOU documents were exchanged by Hon’ble Chief Minister of AP, Sri N Kiran Kumar Reddy and Sri AP Choudhary, CMD, RINL-VSP on 13th January, 2012 at Hyderabad International Convention Centre (HICC) at the Partnership Summit 2012 in the august presence of Dr J Geetha Reedy, Minister for Major Industries, Commerce and Exports promotion. Sri P Madhusudan, Director (Finance), Sri Y R Reddy, Director (Personnel) were present during the MOU ceremony.
The MOU envisages that the Government of Andhra Pradesh would facilitate RINL to obtain necessary permissions/ registrations/ approvals/clearances etc. from the concerned departments of the State, as per the existing policies/rules and regulations of the State Government. Government of Andhra Pradesh will also facilitate allotment of iron ore mines including other raw material mines, supply of water, power, etc., to RINL on priority basis.
Under the Agreement, VSP will invest around Rs. 42,000 crores for various projects for the expansion and modernization of the plant. This MOU is made to facilitate RINL for establishment of the Projects in Andhra Pradesh in a time bound manner.
The signing of the MoU with Govt. of AP will strengthen RINL for the next phase of expansion to 11/12 Mtpa.

RINL-VSP FURTHER STRENGTHEN THRUST ON C S R

RINL/Visakhapatnam Steel Plant today achieved yet another milestone in Corporate Social Responsibility (CSR) activity by completing 5000 free cataract surgeries in association with M/s Sankar foundation. A major free eye camp was conducted at Vadlapudi Rehabilitation Colony today. With this, the eye surgeries touched the 5000 mark, an initiative widely welcomed by the rural people of this region.
As a trend setter in setting values and standards, RINL is in forefront in achieving societal objectives too. Against this backdrop, Sri A P Choudhary, CMD while reviewing the CSR initiatives of VSP, told that more emphasis and thrust will be given to the CSR activities in the mining areas of Garbham, Madharam and Jaggayyapeta, in the upcoming mining places in other states and for providing basic amenities in rural areas. He stressed the need to conduct more and more medical camps in the neighbouring places including mining places which is the need of the hour. Sri P Madhusudan, Director (Finance), Sri Y R Reddy, Director (Personnel), Sri R Shankar, GM (CSR) and officials from CSR took part in the meeting.
In addition to catering to the needs of its neighbouring areas in Andhra Pradesh, RINL also taken up several works in States like Odisha, Rajastan, U P etc. under CSR initiatives.
During the last two months, as part of Cultural effluence under CSR, several programmes were organized on classical, patriotic and devotional songs, burrakatha & Kolatam etc. at rehabilitation colonies of Vadlapudi, Aganampudi and Gangavaram to highlight the traditional folk arts. Mega medical camp was also organized particularly for the tribals of Paderu agency area where 2000 poor people were benefited.
During the next three months, under CSR programme, RINL is proposing to commission “Sanjeevan” – Mobile Cancer clinic, inauguration of hostels for SC/ST boys/girls at MVP Colony, Kapparada and Seetammadhara in Visakhapatnam. The other activities include distribution of mosquito nets to Ashram schools in tribal areas and inauguration of 19 community buildings that are nearing completion in rehabilitation colonies of Aganampudi, Vadlapudi, Pedagantyada, Gangavaram and peripheral villages of VSP.

Panel of Judges for the PM’s Trophy to visit VSP

The Panel of Judges under the chairmanship of Dr Pronab Sen and comprising eminent persons from steel industry and academic fraternity viz., Dr SR Jain, Mr. RSSLN Bhaskarudu, KAP Singh, Dr SK Bhattacharya, Professor J Philip, Prof Surya Pratap Mehrotra and Mr. KK Nair along with Ministry officials and PM’s Trophy Secretariat are visiting RINL-VSP for assessment of PM’s Trophy award for the Best Integrated Steel Plant for the years 2008-09 and 2009-10. Dr Pronab Sen, holds a Ph.D. in Economics from the John Hopkins University, Baltimore, was appointed as the first Chief Statistician of India, the functional and technical Head of the national statistical system in India in 2007. Presently he is with Planning commission, Government of India as Principal Advisor for Power and Energy. Dr SR Jain holds Ph.D. from Institute of Ferrous Metallurgy, Moscow and worked for 31 years in SAIL in various capacities and was also its Chairman. Presently he is associated with Neelachal Ispat as non-executive director. Mr. RSSLN Bhaskarudu, a graduate in Electrical Engineering from the College of Engineering, Kakinada was Managing Director of Maruti Udyog Limited. He was also Member and then Chairman of Public Enterprises Selection Board. He is presently on the boards of Public and Private sector companies as independent Director. Mr. KAP Singh was Manging Director of Bokaro steel Plant and Director (Commercial), SAIL and later worked as CEO of Ispat Mexicana and COO of Ispat Nova Hut. Dr SK Bhattacharya obtained Doctor of Science from, MIT, USA in 1972. He took over Managing Director of Durgapur Steel Plant in 2001 and led DSP to turn around the loss making unit into a vibrant profit making unit. Prof. J Philip is the founder and builder of Xavier Institute of Management & Entrepreneurship (XIME). He is currently the president and director emeritus of XIME. Prof. Surya Pratap Mehrotra is a Professor of Metallurgy at IIT, Kanpur. He was Director of National Metallurgical laboratory (CSIR), Jamshedpur from June 2002 to April, 2009. Winner of several awards he is on the boards of various Academic bodies and Research advisory Councils. Mr. KK Nair has four decades of experience in banking and is actively associated with trade union movement during the past 35 years in different sectors and capacities. The Panel of Judges will evaluate a number of specified parameters like ‘House Keeping, Environment management and Afforestation, efforts made towards conservation of water , Peripheral & Ancillary Development, Safety, Equipment Health, Efforts to achieve International efficiency, Quality and Economics, Corporate Governance, Process Responsible for Marketing and Customer Satisfaction, Corporate Social Responsibility, Efforts to remove gender bias, empowerment of women, disabled and weaker sections of society at work place, etc. During the assessment the Panel of Judges will interact with CMD, Directors and concerned senior officials and visit the production units and also visit the ‘Aronodaya School' for the ‘differently –abled’ children and Visakha Vimala Vidyalaya to assess the performance. RINL-VSP earlier bagged twice the PM’s Trophy for the best integrated steel plant in 2003-04 and 2005-06.

VCT BAGGED EHS EXCELLENCE AWARD FOR 2010

Visakha Container Terminal Bags 2nd position in Excellence Award in Environment, Health & Safety (EHS) for the year 2010 in Small Scale Industry Category. This is an annual award instituted by Confederation of Indian Industry (South Region) to recognise the industries who are maintaining excellent track record in Safety, health and Environment matters. The team of jury from CII had visited 54 industries from four states to observe the Health, Safety & Environmental practices, initiatives and innovations. The award reflects the dedication and the hard work put in by the employees in the field of Environment, Health and Safety since the setting up of the terminal. This award was presented by Mr. Suresh Prabhu, Chairman, Council of Energy, Environment and Water for India in an impressive function held at Hotel Rain Tree in Chennai on 4th February 2011. Captain Sriram Ravichander the Chief Operating Officer while talking to media mentioned that the terminal has continuously improved on it’s initiatives to save the environment, and has recorded a steady growth in volumes over the years. He thanked Sri Ajeya Kellam, Chairman, VPT and Sri PVR Reddy, Commissioner of Customs and all the stake holders for their support during these days to make exim trade vibrant. VCT had also won the First Position in Leadership and Excellence Award in HSE for the year 2009 and Best Terminal Award for excellent HSE practices for the year 2010.

VCTPL ACHIEVES ISO 28000 CERTFICATION

Visakha Container Terminal Pvt. Ltd., an ideal gateway on East Coast of India for container traffic, has added another feather in its cap by achieving the prestigious ISO 28000:2007 security certificate of approval by complying with independently audited standard for Supply Chain Security Management. This is for the first time in the entire state of Andhra Pradesh that an Organization got this prestigious certificate. The Certificate was awarded after a stringent audit by leading auditing firm in India “Indian Register Quality Systems (IRQS), Mumbai”. The ISO 28000 certification covers a wide range of requirements for Security Management System, including those aspects critical to security assurance of the supply chain. Indian Register Quality Systems has awarded its first certificate as an independent certifying body to Visakha Container Terminal. It is pertinent that at a time when the coastal security is one of the highest priority areas, Visakha Container Terminal took the initiative to obtain this certification and has again proved itself to be truly world class container terminal setting security standards. ISO 28000 is for supply chain security management systems and sets in place mechanisms & processes to address security vulnerabilities at strategic & operational levels, as well as establish preventive action plans. The Standard complements all national / international security legislative codes including International Shipping & Port Facility Security (ISPS) Code to which VCTPL already conforms. Capt. R. E. Balasubramanian, Team leader and industry expert, IRQS, Mumbai spearheaded the ISO 27000:2007 certification audit for three days from 10th November 2010 to 12th November 2010. The audit was focused principally on container security, physical access controls, personnel security, procedural security, security training, IT security, Business partner requirement & threat awareness. The certification will also require IRQS to conduct surveillance audits every year over the next three years during the validity period of the certification. Visakha Container Terminal is also certified for ISO 9001:2008, ISO 14001:2004 and OHSAS 18001:2007 standards. It underlines its commitment and drive to Quality, care for Environment, Safety, Health and Security at all levels within organization.

VSP ACHIEVES BEST PERFORMANCE IN OUTPUT AND SALES

The New Year commenced on a glittering note with improved performance in Production, Techno Economic parameters & Sales, RINL - Visakhapatnam Steel Plant is all set to achieve record turnover in the current fiscal. On the Production front, Liquid Steel, Cast Blooms, Wire Rods, Finished Steel produced during January’11, the best performance for ANY JANUARY since inception. VSP achieved record sales of Rs.1380 crores in January’11, which is highest for any January month since inception. With this the total sales of iron and steel products rose to a high of Rs.9140 crores during April’10 to January ’11, representing a growth of 14% over the corresponding period of last year ( Rs 8046) crores. This includes domestic sales of Rs.8816 cores and export sales of Rs.324 crores. The expansion of the plant from the current 3 MT to 6.3 MT is on brisk pace with all most all important units nearing completion during 2011. The January month saw significant progress in expansion works with commissioning of four major power supply units for New Steel Melt Shop (SMS-2) and new Wire Rod Mill (WRM-2). Another highlight was the commissioning of the Stage-I of Raw Material Handling Plant and started supplying Iron Ore through this route to existing Blast Furnaces. Excellent progress has been made in individual/group trial runs of equipment/systems to approach towards commencement of integrated commissioning. In new Basic Oxygen Furnace (BOF) Shop second convertor was brought into operational position on completion of its erection. Under Stage II expansion for Structural Mill highest volume concreting and structural erection was done, making a new record in expansion.

NEW STOCKYARD DEVELOPMENT AT VIZAG: MOU SIGNED WITH CPWD

RINL - Visakhapatnam Steel Plant has entered into a Memorandum of Understanding (MOU) with the Central Public Works Department (CPWD) to develop a New Stockyard at Visakhapatnam (near Ukkunagaram township) at an estimated cost of Rs.16.93 crores and augmentation of facilities at Hyderabad Stockyard at an estimated cost of Rs.7.83 crores. Sri S K Polouse, ED (Projects) and Sri G C Kavi, Suptd. Engineer, CPWD, Hyderabad exchanged the MOU copies in the presence of Sri AP Choudhary, Director (Projects), Sri P Madhusudan, Director (Finance) and Sri T K Chand, Director (Commercial) at a function held on Thursday evening in VSP. Speaking on the occasion, Sri A P Choudhary, Director (Projects) expressed the hope that the CPWD would complete the awarded jobs with in the stipulated time and cost and maintaining excellent quality standards. Sri T K Chand, Director (Commercial) also mentioned that this will help in faster movement of materials particularly to meet the growing demand of Andhra Pradesh state through Vizag and Hyderabad Stock Yards. The new facility benefits the customers to lift the material from the new stockyard instead of getting from inside the plant, thereby restricting movement of heavy vehicles into the plant premises. The Vizag Stockyard and Hyderabad Stockyard works will be completed in 15 months and 9 months respectively.

RINL STOOD FIRST IN MOU RATING IN MINISTRY OF STEEL

RINL –VSP crossed yet another milestone by securing No.1 position by obtaining EXCELLENT MOU rating (Composite Score OF 1.06) among all PSUs under Ministry of Steel (MOS) for the year 2009-10. This testifies the excellent performance with respect to the commitment given to the Government of India by RINL. The impressive performance achievement has been mainly due to outperforming in the areas of Techno-economic parameters like Specific Energy Consumption, Specific Water consumption, Saleable Steel production, Blast Furnace Productivity, Labour Productivity, Value Added Steel and higher sales and other parameters also pushed profit making and financial ratios. Evaluation was carried out by the Department of Public Enterprises, Ministry of Heavy Industries and Public Enterprises. The MOU Composite Score for the year 2009-10 was on the basis of Audited data of the CPSE under MOS and approved on the recommendations of the Syndicate Group of Taskforce. Sri P K Bishnoi, CMD, RINL complimented the RINL collective for this notable achievement

GANGAVARAM PORT ORGANISES FREE HEALTH CHECK-UP CAMP

Gajuwaka, 24th January 2011: Gangavaram Port Limited, India’s deepest and multi-purpose port today organized a free health check-up camp for the local people at Yatlapalam School Peddagantayada. The camp which started from 9 am onwards had a well qualified panel of doctors who conducted free check- ups for men, women & children of the locality. The initiative is a part of Gangavaram Port Social Development programme which has been specially drawn up to bring an improvement in the society. The health camp provided treatment and medication to the locals of Gajuwaka and advised them on how to maintain a healthy lifestyle and encouraged them to maintain the same. During the camp, more than 200 villagers were examined and given medicines free of cost. The camp was inaugurated by Mr. Rajaratnam Naidu, Vice President Gangavaram Port Limited in the presence of a team of doctors and local villagers. Dr. B L N Raju- Chief Medical Officer of Gangavaram Port along with a team of medical specialist comprising of Ophthalmologist, Gynecologist, Child Specialist and General Physician examined the patients. The participants of the camp went through a systematic process of checkups. Preliminary diagnosis and consultation by the doctors. Commenting on the occasion Mr. Rajaratnam Naidu, Vice President Gangavaram Port Limited said, “We have organized this camp as part of our community development programme so that villagers could avail the opportunity of the medical facilities we have at our disposal. With such efforts we hope to add value to our community. The mission is to bring a positive change in favour of affordable primary health care and complement the effort made by government.” Gangavaram Port is committed towards to the development of the community and society and this camp is a step to spread the message of healthy living and conduct free check up camp for diagnosing ailments. As a part of the corporate social responsibility program Gangavaram Port will be organizing a series of events in future.