![]() At 11:37 AM, the stock was up 0.47% at Rs 2424.60 with volume traded at 55,297 against two-week average of 2,59,992 shares. The company, along with its international consortium partners - Pauf Wurth Italia and India, are executing engineering/procurement/construction project for construction of blast furnaces for the expansion of Tata Steel in Jamshedpur. L&T has also been awarded the contract for civil & structural steel works of Steel Melt Shop worth Rs 233.59 crore, which is expected to be completed in 28 months. The company's share of this order is Rs 623.30 crore, scheduled to be completed in 30 months. L&T, in consortium with Outotec GmbH, Germany bagged an engineering-procurement-construction contract for 5.75 MTPA Sinter Plant valued at Rs 836 crore. This order follows the recent contract for the Sinter plant and the Steel Melt Shop. Tata Steel is setting up a 6 million tonnes per annum integrated steel plan in Kalinganagar industrial complex at Duhuri in Jajpur district of Orissa, to be completed in two phases of 3 MTPA each. To promote entrepreneurship in Kalinganagar, Tata Steel has partnered with Bharatiya Yuva Shakti Trust (BYST), which has set a target of creating entrepreneurs in eight blocks of the Jajpur district and two blocks of Keonjhar.MUMBAI: Larsen & Toubro has bagged an order for Rs 980 crore for the supply and installation of blast furnance from Tata Steel for its project in Kalinganagar, Orissa, scheduled for completion in 40 months. In the last four years, 358 youths were imparted skilling across various sectors.Ī new Skill Development Centre has also been set-up at the Capability Development Training Centre located in plot-2 of Tata Steel Kalinganagar. To provide a source of livelihood to unemployed youths of the Kalinganagar, Tata Steel sends them for skill development training to reputed institutes. Skill Development training for placements and self-employment are being provided through Tata Steel Rural Development Society (TSRDS). Tata Steel, which always strives for the development of local people, is also promoting employability training of local youths in a major way. While the terms and conditions laid down in the MoU are strictly followed, first preference is given to local people in all recruitments. The company has been adhering to the conditions of the Memorandum of Understanding (MOU) of the Industries Department of the Odisha Government in all its recruitment initiatives. Importantly, 22.76 per cent (822) of employees engaged directly by the Tata Steel and 32.07 per cent (5884) of the total contractors’ workforce working for the company belong to the district of Jajpur. While 59.62 per cent of the total employees engaged directly by Tata Steel are from Odisha, 80.71 per cent of the total contractors’ workforce working for Tata Steel belong to the state. Analytics technologies were then years away from becoming readily applicable to businesses. This is considered important at a time when most of the industries located in Kalinganagar Industrial Complex have been passing through a tough time and are laying off workers and labourers. Tata Steel’s multiyear effort to develop analytics capabilities at the Kalinganagar plant can be traced to a decision that executives made in 2005, when the plant was first being designed and built. This includes direct employment for 3,611 persons and indirect (contractual) employment for 18,344 persons, informed a statement on Friday. By April this year, the project has generated employment opportunities for 21,955 persons. The plant, which commenced commercial production in May 2016 has attained the rated capacity of 3 million tonne per annum. Kalinganagar: Tata Steel Kalinganagar plant has generated direct and indirect employment opportunities for more than 21,000 persons.
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