Rourkela Steel Plant commissions ladle furnace
A ladle furnace is the second unit used to refine molten steel after it is produced in a primary furnace.
Rourkela (Odisha), Jun 12 (PTI) The Rourkela Steel Plant (RSP) of SAIL on Thursday said it has commissioned a state-of-the-art Ladle Furnace 2D (LF#2D).
This achievement underscores RSP's commitment to technological modernisation, enhanced productivity, and a strong culture of safety, the company said in a statement.
The newly operational LF#2D is a critical facility that will significantly boost productivity by ensuring a timely and efficient supply of liquid steel to the new slab caster alongside the existing ones.
Alok Verma, Director In-Charge, RSP, with additional charge of Durgapur Steel Plant & IISCO Steel Plant said, 'Steel is not just what we make — it is who we are. RSP is truly proud of everyone's sincere and hardworking efforts.' He also congratulated everyone associated with the project for the successful commissioning of LF#2D.
The LF#2D is a state-of-the-art facility equipped with a 30 MVA furnace transformer, a water-cooled ladle roof, a hydraulic roof-lifting system, advanced electrode handling assemblies, and a mechanised ferroalloy feeding system.
The commissioning process was executed with attention to safety and strict compliance with protocols, achieving a zero-incident record, the RSP said. PTI AAM NN
This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
44 minutes ago
- Time of India
GDP forecast: CII projects India's growth at 6.4–6.7% in FY26; reforms, demand to drive progress
File photo: CII President Rajiv Memani (Picture credit: PTI) The Confederation of Indian Industry (CII) on Thursday projected India's economic growth to range between 6.4 per cent and 6.7 per cent in the financial year 2025-26, driven largely by strong domestic demand. However, it flagged geopolitical uncertainty and risks to global trade as potential headwinds to growth, reported news agency PTI. Speaking at his first press conference after taking over as CII President, Rajiv Memani said the country was in a relatively strong position compared to global peers such as China, the US, the UK, and the Eurozone. 'We expect (economic growth in) a range of 6.4 to 6.7 per cent,' Memani said, adding that while there were clear downside risks, some of them had already been factored into the outlook. CII noted that factors such as a favourable monsoon, increased liquidity from the RBI's recent CRR cut, and reduced interest rates would offer support to the economy. The central bank last month reduced the Cash Reserve Ratio (CRR) by 100 basis points, infusing Rs 2.5 lakh crore into the banking system. Additionally, a 50 basis point interest rate cut brought the benchmark rate down to 5.5 per cent, further aiding credit growth. In its policy roadmap, CII proposed a comprehensive reform package across taxation, manufacturing, infrastructure, and power to enhance ease of doing business. As per news agency ANI, the industry body called for rationalising the Goods and Services Tax (GST) structure from five slabs to three, 5 per cent for essential items, 28 per cent for luxury and sin goods, and a unified 12–18 per cent for the rest. CII also recommended measures to improve input tax credit flow, reduce inter-state compliance complications, and bring petroleum, electricity, and real estate under the GST net. For direct taxes, it urged the government to implement the new Income Tax Bill and encourage schemes like Advance Pricing Agreements to reduce litigation. On the customs front, CII proposed a three-tier duty structure to help lower import costs and improve competitiveness, 0–2.5 per cent for raw materials, 2.5–5 per cent for intermediates, and 5–7 per cent for final goods. Land and power reforms were also part of the recommendations, including reducing zoning categories, digitising power distribution, and rationalising electricity tariffs. To address high logistics costs, CII called for railway freight corridor development and port connectivity enhancements. 'These reforms will collectively bring down operational costs, improve regulatory clarity, and make India a more attractive investment destination,' Memani said, as per ANI. While cautioning that external risks remain, CII maintained that India's fundamentals remain strong and conducive for stable growth. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Hindustan Times
an hour ago
- Hindustan Times
Bengaluru–Mysuru rapid rail project aims to cut commute time to under one hour: Report
A proposed Rapid Rail Transit System (RRTS) linking Bengaluru and Mysuru could soon transform one of Karnataka's busiest travel corridors, slashing journey times from nearly three hours to under 70 minutes, News18 reported. The proposed new RRTS between Bengaluru and Mysuru aims to cut travel time to just under one hour.(PTI) The system, modeled on Delhi's upcoming Namo Bharat RRTS and developed by the National Capital Region Transport Corporation (NCRTC), is being championed locally by the Bangalore Commuter Rail Corporation Ltd. (BCRCL). Trains would run at speeds up to 200 km/h, serving daily commuters and inter-city travelers with high-frequency, reliable service. ALSO READ | 'Siddaramaiah is defying Sonia and Rahul Gandhi': Karnataka LoP slams CM's full-term claim A pre-feasibility study is already complete, and a Detailed Project Report (DPR) is underway, the report stated. Planners are exploring a mix of elevated and upgraded existing tracks, with cost estimates ranging from ₹ 25,000 to ₹ 30,000 crore, depending on land acquisition and alignment. ALSO READ | After tiger deaths, 20 dead monkeys found near Bandipur forest in Karnataka: Report The Bengaluru–Mysuru route is considered ideal due to its economic significance, population growth, and increasing traffic. Towns along the corridor like Ramanagara and Mandya are expected to benefit from real estate and business development, while reduced road traffic could bring environmental and safety improvements. However, some challenges remain, the report noted. Securing land across districts, coordinating between agencies, and ensuring enough daily ridership at a viable fare point are some of the major hurdles that have been identified. Experts who spoke to the publication stressed that the success of the project depends on building dedicated, grade-separated tracks to avoid the pitfalls of slower, shared rail corridors. If implemented effectively, the RRTS could reshape urban commuting in Karnataka, making weekend getaways, daily office commutes, and even cross-city relocations dramatically more convenient.
Time of India
an hour ago
- Time of India
Matter to launch one EV bike each year; targets 60 dealerships in FY26
Matter Motor Works , an Ahmedabad-based electric motorcycle startup, plans to launch one new model every year for the next three years as part of its expansion strategy, said Co-founder and COO Arun Pratap Singh, as reported by PTI. Speaking at the launch of the company's first geared electric bike, AERA, Singh said Matter aims to scale operations nationwide, targeting 50–60 dealerships by the end of FY26. Of these, 20 outlets are expected to be in South India, a key region for premium motorcycle demand. 'There are products planned, at least a new launch every year,' Singh said, adding the company remains focused on electric motorcycles , with no immediate plans for scooters. The company began deliveries of the AERA in October 2024, after nearly six years of development. Sales were initially limited to Ahmedabad to gather feedback before rolling out nationally. Matter expects to sell around 10,000 vehicles in FY26, ramping up to 50,000–60,000 units in the following year. Its Ahmedabad plant has a capacity of 10,000 units per month. Strategy to resolve supply chain issue The company has so far raised $80 million and plans to secure an additional $200 million in the next couple of years, ahead of a potential IPO in 3–4 years. On supply chain concerns, Singh acknowledged challenges around sourcing rare earth magnets and said the company is working with Chinese suppliers while also exploring non-Chinese alternatives that use magnets without rare earth materials. 'We're actively looking at alternatives to avoid future supply disruptions,' Singh said. Matter's expansion and product roadmap signals its ambition to emerge as a key player in India's growing electric two-wheeler market , with a clear focus on technology, scale, and regional reach.
