State-owned enterprise public company |
|
Traded as | : SAIL |
Industry | Steel |
Founded | 1964 |
Headquarters | Bokaro, Jharkhand, India |
Products | Hot Rolled & Cold Rolled |
Website | www |
Bokaro Steel Plant (BSP) is located in the Bokaro district of Jharkhand. .It is the fourth integrated public sector steel plant in India built with Soviet help. It was incorporated as a limited company in 1964. It was later merged with the state-owned Steel Authority of India Limited (SAIL).
Currently it houses five blast furnaces with a total capacity to produce 4.5 MT of liquid steel. The plant is undergoing a mass modernisation drive after which its output capacity is expected to cross 10 MT
The plant's yearly profit stood at ₹11.2 billion (US$170 million) for the financial year 2003–04 and has increased every year since then reaching to 84.26 billion INR in the financial year 2007–08.
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