Empowering MSMEs with News & Insights

SAIL switches over to electronic procurement

Updated: Feb 05, 2014 03:56:08pm
image
New Delhi, Feb 5 (KNN)  Switching over to electronic procurement, Bokaro Steel Plant is going to implement a Supplier Relationship Management (SRM) system for its entire requirement of materials.   All vendors including micro, small and medium units have been asked to submit their mandates for the system.

The Purchase Department of Bokaro Steel Plant (BSL) will be using the SRM platform of ERP (Enterprise Resource Planning) for all its material requirements, according to a SAIL (Steel Authority of India) notice.

All vendors who wish to receive purchase enquiries from BSL have been asked to submit their mandate forms before February-28.  BSL will not issue enquiries to those vendors who are not e-activated in the SRM system even though they were past suppliers.

Bokaro Steel Plant - the fourth integrated plant in the Public Sector - started taking shape in 1965 in collaboration with the Soviet Union. It was originally incorporated as a limited company on 29th January 1964, and was later merged with SAIL, first as a susidiary and then as a unit, through the Public Sector Iron and Steel Companies (Restructuring and Miscellaneous Provisions) Act 1978.
 
The Plant is hailed as the country’s first Swadeshi steel plant, built with maximum indigenous content in terms of equipment, material and know-how. Its first Blast Furnace started on 2nd October 1972 and the first phase of 1.7 MT ingot steel was completed on 26th February 1978 with the commissioning of the third Blast Furnace. All units of 4 MT stage have already been commissioned and the 90s' modernisation has further upgraded this to 4.5 MT of liquid steel.
 
The new features added in modernisation of SMS-II include two twin-strand slab casters along with a Steel Refining Unit. The Steel Refining Unit was inaugurated on 19th September, 1997 and the Continuous Casting Machine on 25th April, 1998. The modernisation of the Hot Strip Mill saw addition of new features like high pressure de-scalers, work roll bending, hydraulic automatic gauge control, quick work roll change, laminar cooling etc. New walking beam reheating furnaces are replacing the less efficient pusher type furnaces.
 
A new hydraulic coiler has been added and two of the existing ones revamped. With the completion of Hot Strip Mill modernisation, Bokaro is producing top quality hot rolled products that are well accepted in the global market.
 
Bokaro is designed to produce flat products like Hot Rolled Coils, Hot Rolled Plates, Hot Rolled Sheets, Cold Rolled Coils, Cold Rolled Sheets, Tin Mill Black Plates (TMBP) and Galvanised Plain and Corrugated (GP/GC) Sheets. Bokaro has provided a strong raw material base for a variety of modern engineering industries including automobile, pipe and tube, LPG cylinder, barrel and drum producing industries.
 
Bokaro Steel is working towards becoming a one-stop-shop for world-class flat steel in India. The modernisation plans are aimed at increasing the liquid steel production capacity, coupled with fresh rolling and coating facilities. The new facilities will be capable of producing the most premium grades required by the most discerning customer segments.  (KNN/ES)

COMMENTS

    Be first to give your comments.

LEAVE A REPLY

Required fields are marked *