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Financial Daily from THE HINDU group of publications Tuesday, July 03, 2001 |
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In-house revamp helps RSP save cash outflow
Our Bureau
NEW DELHI, July 2
ROURKELA Steel Plant (RSP) has achieved substantial savings through in-house revamping of rail-crane by its loco maintenance division. The 25-year-old crane's capacity had been downgraded to 12 tonne which is at 30 tonne now. The original supplier Americ
an Hoist and Derrick Co had quoted Rs 4.5 crore for the job which RSP revamped at Rs 1 crore.
Also, addition of lime to the steel ladle during tapping has improved the production process and resulted in substantial savings for the plant. The process has helped minimise temperature loss during transportation of molten steel to the casting complex.
It has also reduced the aluminium consumption and improved the desulphurising action. While a Russian agency quoted Rs 47.85 lakh for the job, RSP internally completed the entire process with a total expenditure of Rs 85,000 only.
RSP has also introduced a new water conservation-cum-biological oxidation and dephenolisation improvement system and is the first SAIL plant to undertake this exercise. This will lead to an annual saving of Rs 11 lakh on account of water consumption and
another Rs 25 lakh on consumption of caustic soda.
The project cost of the scheme was estimated at Rs 52 lakh but the plant's Water Conservation Committee have completed the work at a cost of Rs 3.5 lakh by utilising in-house resources with a period of three months only.
RSP has also started manufacturing slag-ladle cups in its foundries for its sister plants. This has reduced SAIL's dependence on outside suppliers and saved cash outflow to the tune of Rs 2 crore annually.
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