Home » Features » Companies » Surana Industries Limited

Surana Industries Limited

About Surana Industries Limited

Surana Industries Limited (BSE:513597; NSE:SURANAIND) is a Chennai-based manufacturers of iron & steel manufacturer. Founded in the year 1978 with a dream to tap a remarkable position in the market of steel, metal, and power, SIL is now a part of Rs.2500 crore Chennai based Surana Group was incorporated in the year 1991. SIL is a Public Limited company listed on BSE, MSE and NSE. SIL is one of the leading manufacturers of Iron & Steel with a large market share in Tamilnadu and in South India. The company possesses a fully operational state of the art steel manufacturing plant at Gummidipoondi, Chennai. This plant produces high strength deformed steel bars (approved by Bureau of Indian standards Association), Thermo Mechanically Treated bars known as SURANA TMT, CRS Reinforcing bars, Cold Twisted deformed bars, Mild Steel rounds and Mild steel Structurals. The company is producing 1.09 lakh tonnes of Thermo Mechanically Treated bars and 30,000 tonne of mild steel ingots annually at the Gummidipoondi plant. The Madhavaram Steel facility has a capacity to manufacture 60,000 tonnes of cold rolled products.

SIL also operates in windmill farm consisting of nine windmills with a capacity of 12.6 MW at Thirunelvelli District in Tamilnadu, which produces wind energy of 38 million units of power. The Wind Turbines have been purchased and installed by M/s G E Wind Energy, Germany.

In Septemer 07, the company has announced that it has finalized the contract for sum of Rs.37 crores with METEC, Kolkata, Ankit Crannes, Bangalore and Vicons Constructions, Chennai for its Rs.473 crores Integrated Steel Plant in Raichur, Karnataka.

Comment on this story