Russian Ambassador visits Steel Plant
Holds discussions with VSP officials

VSP celebrates RINL Formation Day
VSP CMD speaks on ambitious growth plan

VSP bags Award in National conference on e-Governance
Union Minister presents award

Steel Plant registers Rs.1,062 crore sales turnover
Largest turnover since inception of the plant

RINL ties up with SAIL
MoU for acquisition of high-grade limestone

Visakhapatnam Steel Plant bags sustainability award for 2006-07
Director (Operations) PK Mishra receives the award

Visakhapatnam Steel Plant CMD awarded Gold Medal
Prime Minister, Manmohan Singh handed over at 95th ISC

Roof of a madapam under construction caved in
Laborers dies, 16 others injured

RINL and NTPC bags CII awards
Visakhapatnam Industries continues to gain national attention

Commercial Taxes Department issues order to freeze the VSP bank accounts
Claims VSP is due to pay Rs.500 crores

VSP employees to get Rs.14,000 as bonus
Agreement reached at a tripartite meeting

VSP bags four Vishwakarma Rashtriya Puraskars
Awards meant in innovative suggestions in steel-related techniques

VSP signs MoU with BHEL for power expansion
Order worth over Rs. 394 crores

All VSP News Archives

Visakhapatnam, February 16, 2007

History goes when late Prime Minister Smt Indira Gandhi laid the foundation stone for Visakhapatnam Steel Plant on January 20, 1971. The birth of the plant claimed 32 live during the agitation for setting up of Visakhapatnam Steel Plant. Nevertheless, their sacrifices brought the steel plant to Visakhapatnam and city’s growth into one of India’s leading industrial hubs.

Visakhapatnam Steel Plant had a quick turnout by taking austerity measures and implementing the best management strategies with the help of experts. The VSP thus authored its own success story and reached a stage where it is in a firm position to compete with some of the world’s best and biggest steel makers. It is celebrating Silver Jubilee celebrations from February 18 to relive the glorious moments of its checkered history.

Visakhapatnam Steel Plant as on date has the distinction of being the best in various operational parameters and is poised to reach greater heights with the Rs.9000 crore expansion project. It has plans to increase its capacity to 6.3 tons by the end of 2008-09 while it is currently is producing 4.1 million tons of hot metal, 3.6 million tons of saleable steel. The net profit after tax stood at Rs.1252 crore in 2005-06. The total cost of capacity expansion to the 16 million mark is estimated to be Rs.26,000 crores.

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