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Bhushan Project Final

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BHUSHAN POWER AND STEEL LIMITED CHANDIGARH PREPARED IN PARTIAL FULFILLMENT OF INDUSTRIAL TRAINING SUBMITTED BY: NITESH PARMAR UE 89047 5TH SEMESTER MECHANICAL ENGINEERING U.I.ET PANJAB UNIVERSITY CHANDIGARH COMPANY PROFILE BHUSHAN PROFILE  To offer the best product, the widest range and ‘excellence of quality and service in steel.  To ever strive for greater growth in turnover and profitability through the best in technology and equipment, total management, integration in Operations and pr
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  BHUSHAN POWER AND STEEL LIMITEDCHANDIGARHPREPARED IN PARTIAL FULFILLMENT OFINDUSTRIAL TRAINING SUBMITTED BY:NITESH PARMARUE 890475 TH SEMESTER MECHANICAL ENGINEERINGU.I.ETPANJAB UNIVERSITYCHANDIGARH    COMPANY PROFILE BHUSHAN PROFILE   To offer the best product, the widest range and ‘excellence of quality and service insteel.   To ever strive for greater growth in turnover and profitability through the best intechnology and equipment, total management, integration in Operations andprofessionalism in., people.   To build on the existing strength to take the group to an even greater Future and tocontribute out best at all times in the service of Shareholders, the industry and thecountry.In all these commitments, Bhushan has an unshakable faith in its strengths andresolve, and an unswerving obsession to excel and to improve upon its already notableachievements.At Bhushan Commitment is in; I word STEEL - SOLID . BHUSHAN-THE BEGINNING  MR. Brij Bhushan, the Prime Mover, a visionary entrepreneur founded theBHUSHAN Group more than 20 years ago in Chandigarh . Making a moderate start withmanufacture of hinges and rail tracks fasteners in the early 70’s with a capital less than alakh of rupees, the group has continuously grown by modernizing, expanding andintegrating its facilities/ operations.   Joined by his young and dynamic sons Sanjay and Neeraj in the 80’s and takingadvantage of the liberalized environment in the steel sector, Brij Bhushan Singh haspropelled the group to the success earning it a permanent place among the largeplayers of the steel industry. With turnover of Rs. 2200 crores, cash profit of over Rs.180crores and net worth o f Rs. 500 crores.  All this has been achieved with the share holding entirely within the Bhushan family, aremarkable testimony to its entrepreneurial skills and financial acumen. The group hascome a long way in a relatively short span. THE WIDEST PRODUCT RANGE  Steel billets/ ingots, rolled products, rounds tire rods, flats, narrow strip, GALVANIEZEDPIPES, wide width cold rolled (CR) cold and continuous annealed/ galvanized steel soilsand sheets. THE BEST IN EQUIPMENT AND TECHNOLOGY    By selecting state – of – art technology from supplied having foreign collaborations theGroup has benefited in terms of distinct project / product while optimizing on cost. Thetechnology sources being Sendzimir of USA for Rolling Mills, Stein Heulley of Francefor continuous annealing - cum- galvanizing. GEC of UK for steel furnace. CONSTANT MODERNIZATION AND UP GRADATION By continuous steel searching and quick decision marking, the Group has always ahead of the industry – setting up modern equipment like Electric, Are Furnace, Continuous Casting,Ladle refining facilities, Continuous Annealing, etc. enabling the Group to head the cyclicalnature of the steel industry and maintain a trail blazing record of growth and profitability . STRONG PROJECT MANAGEMENT AND LOW CAPITAL COST  By close monitoring, high involvement of promoter directors, skilled negotiation.Departmental supervision and high levels of promoter’s equity and plough back of internal cash generations. The group has successfully implemented its project onschedule and with low capital cost.   To illustrate, the capital cost per ton for the wide width CR Coils project of BhushanSteel and Strips Limited is about 2350per ton as compared to over Rs. 6000 per ton
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