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Home arrow News arrow Business News arrow RINL has got all the Potential to become a Maharatna: Steel Secretary
RINL has got all the Potential to become a Maharatna: Steel Secretary Print E-mail
Written by Subash   
Wednesday, 19 October 2011
Vishakhapatnam: P K Misra, Secretary, Ministry of Steel said that RINL has the potential to become a leader in the country to achieve higher levels of techno-economic parameters in steel production. He said that RINL has got all the potential to become a Maharatna and all should work together and put all efforts to achieve this tag.

Improvement in techno economic parameters will lead to better profits and production of cheaper steel, he added. Misra was addressing the top management after witnessing a "Corporate Presentation of RINL" which highlighted the Company’s achievements, growth plans, challenges ahead in Vishakhapatnam today.

The Steel Secretary said that despite disadvantages of lacking captive iron ore mines, RINL is doing a wonderful job by adopting best techno economic parameters, higher levels of production with its highly skilled and motivated workforce. While complimenting RINL for its excellent performance and for bringing the best work culture right from the beginning, Misra said that by using ingenuity, discipline and commitment, RINL would achieve the Mission of 20 MTPA plant by 2020 at a single location.

Referring to captive iron mines, Misra assured all possible help would be extended to RINL and hoped that VSP would emerge successfully. He said that the Ministry of Steel is continuously pursuing the matter with different State Governments where RINL had applied for mines.

The Steel Secretary also released “RINL Customer Policy” on the occasion. The main objective of the policy is to be the best Company to do business with. It also aims to create a healthy delight in supply of materials and meet the contingent requirement of customers and also to strive for enhancing value for the money and value for the relationship with complete care and concern.

 
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