Steel Authority of India Limited
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Steel Authority of India Limited (SAIL) is one of the largest steel producers in India, with a turnover of INR 58,297 crore in the financial year 2020-21. The company is a public sector undertaking (PSU) under the Ministry of Steel, Government of India, and has its headquarters in New Delhi. SAIL operates integrated steel plants at Bhilai, Bokaro, Rourkela, Durgapur, and Burnpur, as well as a special steel plant at Salem.
SAIL has been at the forefront of the Indian steel industry since its inception in 1954. The company has a total production capacity of 21.4 million tonnes per annum (MTPA) of crude steel, and is the largest producer of steel rails in the country. SAIL's products include hot-rolled coils, cold-rolled coils, galvanised sheets, TMT bars, wire rods, and pig iron, among others.
Decarbonisation is a key focus area for SAIL, as the company recognises the need to reduce its carbon footprint and contribute to India's climate goals. SAIL has set a target of reducing its specific energy consumption by 5% by 2025, and has undertaken several initiatives to achieve this. The company has implemented energy-efficient technologies such as coke dry quenching, top pressure recovery turbines, and waste heat recovery systems at its plants. SAIL has also undertaken a comprehensive energy audit of its plants to identify areas for improvement.
Corporate energy management is another important aspect of SAIL's sustainability strategy. The company has a dedicated Energy Management Cell that monitors and manages energy consumption at its plants. SAIL has implemented a number of measures to reduce its energy consumption, such as optimising furnace operations, improving the efficiency of its water pumping systems, and using energy-efficient lighting. The company has also undertaken a number of renewable energy projects, such as installing solar panels at its plants and using biomass as a fuel source.
Corporate Power Purchase Agreements (PPAs) are an important tool for SAIL to procure renewable energy. The company has signed several PPAs with renewable energy developers to meet its electricity needs. SAIL has also installed wind turbines at its plants to generate renewable energy. The company is exploring the possibility of setting up more renewable energy projects, such as solar and wind power plants, in the future.
SAIL's commitment to sustainability is reflected in its various certifications and awards. The company has been certified with ISO 14001:2015 for environmental management, ISO 50001:2018 for energy management, and OHSAS 18001:2007 for occupational health and safety. SAIL has also received several awards for its sustainability initiatives, such as the CII-ITC Sustainability Award, the Greentech Environment Excellence Award, and the National Energy Conservation Award.
In addition to its sustainability initiatives, SAIL is also committed to social responsibility. The company has undertaken several community development projects in the areas of education, healthcare, and infrastructure. SAIL has set up schools, hospitals, and community centres in the vicinity of its plants, and has provided support for the development of roads, bridges, and other infrastructure.
In conclusion, SAIL is a leading steel producer in India that is committed to sustainability and social responsibility. The company has undertaken several initiatives to reduce its carbon footprint, improve energy efficiency, and promote renewable energy. SAIL's focus on sustainability is reflected in its various certifications and awards, as well as its community development projects. As India continues to pursue its climate goals, SAIL's leadership in decarbonisation and corporate energy management will be crucial for the country's sustainable development.