TatasPonge.com

Title

Tata Sponge Iron Ltd: Home

Description

Inception

Tata Sponge Iron Limited (TSIL) was incorporated in 1982 as a joint venture of Tata Steel and the Industrial Promotion & Investment Corporation of Orissa Limited (IPICOL). It was set up for the production of sponge iron based on the TISCO Direct Reduction (TDR) technology, which was developed in-house at Tata Steel. Later during 1991, Tata Steel acquired IPICOLs stake and at present TSIL is a sister company of Tata Steel.

Shareholding

The shareholding pattern has changed over the years as can be seen from the table below. The pie-chart shows the current distibution. A more detailed shareholding pattern can be found in the Financial section of the site.

Growth

The plant was initially designed for a production capacity of 90,000 TPA, which was enhanced to 1,20,000 TPA through various modifications during 1990-91. Later, to cater to the growing demand of quality sponge iron, TSIL doubled its capacity by adding another kiln of equivalent capacity in 1998-99.

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Languages

English

Contact

Tatasponge.com
Jamshedpur JA
India 831001
91 657 229000

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