“Let us rededicate ourselves to take the company to higher horizons of Growth & Prosperity”–Shri Atul Bhatt, CMD, RINL-VSP Tree plantation drive marks 41st Formation Day Celebrations of RINL

RINL, the corporate entity of Visakhapatnam Steel Plant celebrated its 41st formation day today at RINL. Addressing the RINL fraternity at the Multi-purpose, Ukkunagaram club on the occasion of 41st Formation Day celebrations of RINL-VSP, Shri Atul Bhatt, conveyed his heartiest congratulations to all the award winners and said that he firmly believes that they would serve as catalysts for promoting an innovative culture across the organization. On the occasion of this glorious day of formation day, let us remember with gratitude all those who have participated in building RINL. We have a great responsibility on our shoulders to carry on the tradition of making RINL the most preferred steel company. I am sure with the passion, dedication and indomitable spirit of the RINL collective; we will definitely keep the flag of RINL flying high. On this occasion let us together pledge to make 2023 a memorable year for RINL.” Sri atul bhatt said. Shri Atul Bhatt lauded the RINL collective for taking new initiatives which led to achieving record production on various fronts like: Best daily production of 16,250t from any 2 Blast Furnaces on 20/01/2023, Best monthly production of Hot Metal from BF-1&2 with 108% capacity utilisation in Jan’23, Best monthly production of Finished Steel from Expansion Mills, crossing rated capacity for the first time, in Jan’23, Growth of 19% in production of Finished Steel from Expansion Mills during Apr-Jan’23, Growth of 10% in production of High End Value Added Steel during Apr-Jan’23, Increase in Value Added Component of Steel to 27% of Domestic Sales during Apr-Jan’23 from 22% in CPLY and for Increase in share of TMT sales in high NSR(net sales realisation) Regions to 84% during Apr-Jan’23 from 71% in CPLY(corresponding period last year). Shri Atul Bhatt lauded the RINL collective for producing loco and LHB wheels at International standards meeting stringent quality standards from Forged Wheels from Forged Wheel Plant in Raebareli, UP to Indian Railways Shri Atul Bhatt said that due to the dedicated efforts of RINL collective several recognitions both at National and International levels were showered on RINL like National Energy Leader Award for fourth time consecutively and Excellent Energy Efficient Unit Award for sixth time in row from 2017 onwards from CII Godrej Green Business Centre, Greentech Corporate Governance Award 2022 for excellent performance in the areas of Corporate Governance, Prestigious ICAI award to Shri VV Venugopal Rao, director (finance), RINL at the 16th ICAI Awards for attaining exceptional levels of professional achievements in industry & business, 3 prestigious Gold Awards by lean quality circle (LQC) teams at the International Convention on Quality Control Circles (ICQCC-2022), Jakarta, Indonesia, ‘Gold Awards’ at the Chapter Convention on Quality Concepts (CCQC)-2022 by QCFI and several awards.