Steel Authority of India ltd’s highest profit-making unit and its mostconsistent performer, Bhilai Steel Plant has been selected for the award of the Steel Minister’s Trophy for the year 2010-11, an official statement of the plant informed here on Thursday.
This is the second time Bhilai Steel Plant has been selected for this prestigious award. Intimation to this effect was received by S Chandrasekaran, Chief Executive Officer, Bhilai Steel Plant in a letter from DRS Chaudhary, Secretary, Steel, Ministry of Steel, Government of India.
Bhilai Steel Plant, which is located in Chhattisgarh's Durg district has been adjudged to receive the Steel Minister’s Trophy by an eminent panel of judges comprising of technocrats and bureaucrats evaluating performances of Integrated Steel Plants in thecountry over a wide range of parameters.
The panel of Judges is appointed every year for selection of the integrated steel plant under the PM’s Trophy Scheme based on their total performance in respect of objective parameters, enablingparameters, customer satisfaction Index and observation by the panel based on plant visits.
The Plant has achieved distinction in various enabling parameters including leadership, policy & strategy, people development, resource and process management. Its deployment of modern IT driven business and knowledge tools to bring in excellence and continuous improvement in business performance, environment conservation, fulfilment of corporate social responsibilities and sustainability practices, among others, has enabled it maintain a position of excellence in the Indian Steel Industry.
The Runners-up Prime Minister’s Trophy in the name of Steel Minister’s Trophy with a cash award of Rs. One crorewas incorporated from the assessment year 2006-07 in the Prime Minister Trophy Scheme.
The Chhattisgarh based Bhilai Steel Plant received the prestigious PM’s Trophy for a record 10th time on August 27, 2012, a feat unparalleled in the domestic steel industry charts.