SAIL to complete modernisation and expansion in time
Public sector major, SAIL would ensure timely completion of the proposed modernisation and expansion projects of SAIL plants to avoid cost overrun,company Chairman S K Rungta said. In the background of the "tough phase" through which the steel industry was passing through, he expressed optimism that SAIL would be able to withstand the adverse impact of the economic slow down for which it will adopt feasible measures. "SAIL would be able to combat the prevailing steel recession and chalk-out policies and strategies for all its units", the Chairman said. He, however, sounded a word of caution for the steel industry and said the going might get tougher in the days to come. Addressing the 345th meeting of the board of directors which ended in Rourkela on Thursday, the SAIL chairman said, "At this crucial juncture we need 100 percent contribution from the each member of the SAIL families". Altogether, 15 directors including the managing director, of SAIL steel plant participated in the day-long meeting. --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "Kences1" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [EMAIL PROTECTED] For more options, visit this group at http://groups.google.com/group/kences1?hl=en -~----------~----~----~----~------~----~------~--~---
