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Tag: Mukand Limited

Mukand Limited Appoints Mr. Neeraj Kant as CEO Designate

MUKUND

11th September 2024: Mukand Limited, a leading player in Stainless Steel Long Products manufacturing, is pleased to announce the appointment of Mr. Neeraj Kant as the CEO Designate. Mr. Neeraj Kant brings with him an impressive 38 years of experience in the steel industry, marking a significant milestone in Mukand Limited’s journey towards strengthening its leadership team and driving future growth.

A graduate in Chemical Engineering from the prestigious Indian Institute of Technology (IIT) Kanpur, Mr. Kant further honed his managerial skills by obtaining a Full-Time MBA from Edinburgh University Management School. Mr Kant also attended the General Management Program at CEDEP, INSEAD, France during 2016. His extensive academic background, combined with decades of industry experience, positions him uniquely to lead Mukand Limited into its next phase of business excellence, innovation and growth.

Throughout his distinguished career, Mr. Kant has made substantial contributions to the steel sector, holding key positions at some of the most reputable organizations in the industry. He began his career with the Steel Authority of India Limited (SAIL) in Marketing & Sales, where he gained deep insights into customer expectations, customer behaviour and sales operations. His journey continued with Tata Steel, where he played a pivotal role in pioneering and implementing the “Retail Value Management” initiative in Marketing & Sales. Subsequently, for about 10 years he was the Managing Director of The Indian Steel and Wire Products Ltd. – ISWP (A Subsidiary of Tata Steel Ltd.) and was majorly responsible for turning around this company from a sick unit to a world class manufacturing organization. ISWP went on to win the prestigious international TPM Level 2 Award under his able leadership. The CSR accomplishments of ISWP were praised and recognized by the Tata Group as well as the State and Central Governments.

In his most recent role at Welspun Corp. Limited, Mr. Kant’s leadership was instrumental in driving operational efficiency and implementing innovative strategies that bolstered the company’s market position. His visionary approach and ability to navigate challenges have earned him recognition as a key influencer in the steel sector.

Beyond his corporate achievements, Mr. Kant has been actively involved in various industry bodies, demonstrating his commitment to the broader development of the steel industry. He has served as Chairman of the Confederation of Indian Industry (CII) Jharkhand State Council and was an Executive Member of CII’s National Committee on “Ease of Doing Business”. His leadership has contributed to shaping industry policies and fostering collaboration among key stakeholders. He is the recipient of the “Distinguished Engineers Award” and “Scroll of Honor” from the Institution of Engineers (India).

Mr. Kant’s appointment as CEO Designate comes at a pivotal time for Mukand Limited, as the company continues to focus on innovation, operational excellence, and sustainability. His deep understanding of the steel industry and his strategic vision are expected to drive Mukand Limited’s growth and reinforce its position as a leader in the Stainless Steel market. Mr. Kant’s leadership philosophy centres on collaboration, innovation, and a commitment to excellence. He believes in empowering teams, fostering a culture of continuous improvement, and maintaining a strong focus on customer satisfaction. Under his leadership, Mukand Limited is poised to embark on a new era of growth and success.

Mukand Limited, a Bajaj group company is a leading manufacturer of specialty steel long products and heavy machinery in India. Incorporated in the year 1937, the company has two divisions namely Steel and Industrial Machinery. The Steel division manufactures specialty steel long products in the form of Wire Rods, Bars, and Bright Bars that feed into the Automobile, Architecture and Engineering and several other industries. On the other hand, the Industrial Machinery Division designs, manufactures, assembles and commissions heavy duty cranes, bulk material handling equipment, process plant machinery and turnkey projects. Mukand produces alloy steel from its facility in Hospet, Karnataka and stainless steel from its facility in Thane, Maharashtra.

Mukand Limited Unveils Advanced 16 TPH Boiler to Power Future Growth and Sustainability

30th August 2024: Mukand Limited, a leading name in the steel and engineering industry, proudly inaugurated its state-of-the-art 16 TPH boiler at its facility today. This new installation marks a significant upgrade from the existing 14 TPH boiler, enhancing the plant’s capacity to generate steam at a rated pressure of 17.5 kg/cm². The increased capacity is designed to meet the growing steam demand and support Mukand’s future expansion plans.

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Manufactured by Thermax Ltd., a trusted leader in boiler technology, this advanced boiler is equipped with the latest safety features and operates under a sophisticated PLC logic system. This automated control system manages burner sequence control, air and fuel ratio control, water level control, and steam pressure control, ensuring efficient and reliable operations.

The boiler also incorporates an Air Preheater, designed to recover heat from the flue gas and preheat the combustion air. This feature significantly reduces specific fuel consumption, contributing to the company’s energy-saving goals. Additionally, a sound-absorbing silencer has been installed in the air blower’s suction line to minimize noise pollution, enhancing the working environment for operators.

This new boiler is a testament to Mukand Limited’s dedication to operational excellence, energy efficiency, and environmental responsibility. As the company continues to innovate and grow, it remains steadfast in its mission to lead the industry with sustainable practices and cutting-edge technology.

Mukand Limited Powers Forward with 23.89 MWp Group Captive Solar Project

09th February, Mumbai: Mukand Limited, a distinguished Bajaj group company and a leading manufacturer of Alloy and Stainless-Steel long products, along with heavy machinery in India, has inked a groundbreaking Power Delivery Agreement (PDA) with Amplus Phoenix Energy Pvt Limited (APEPL), a proud member of the PETRONAS Group. This collaboration marks a significant step towards fostering clean energy solutions and sustainable practices in the steel manufacturing industry.

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The 23.89 MWp Group Captive Solar project, nestled in the picturesque Hulkoti village in the Gadag district of Karnataka, embodies Mukand Limited’s commitment to environmental stewardship and energy efficiency. Expected to generate 36 MUs annually, this solar venture is projected to offset approximately 28,440 tonnes of CO2 emissions per year.

The collaboration with APEPL underscores Mukand’s dedication to reducing its carbon footprint and embracing non-conventional energy solutions. Scheduled for commissioning by March 2024, this solar power plant adheres to stringent quality standards and specifications, ensuring reliability and operational excellence. The aim of the installation is to meet the growing energy requirements of Mukand Limited and contribute to making their steel manufacturing processes and production greener. APEPL will undertake the construction, operation, and maintenance of this group captive solar power plant.

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Mr. Shashibhushan Upadhyay, President of Mukand Limited, conveyed appreciation for the concerted endeavors of Amplus Phoenix Renewables and Mukand Limited. He remarked, “We express our gratitude and recognize the collaborative initiatives between Amplus Phoenix Renewables and our organization, Mukand Limited, to unlock the potential of clean and green energy through the execution of this strategic Power Purchase Agreement (PPA). This partnership aligns with our mission to procure clean energy to power our manufacturing operations and aids us in fulfilling our climate change commitments.”

Speaking on the occasion, Mr. Sharad Pungalia, MD & CEO of Amplus Group said, “Greening energy-intensive sectors like steel manufacturing is critical for a sustainable future, and we at Amplus are happy to contribute with our experience and expertise. We are confident of providing a stable and reliable source of green electricity to Mukand Limited as they contribute to the region’s environmental and economic development. With this agreement, we collectively commit ourselves to achieve a sustainable energy future.”

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The adoption of green energy through this project marks a significant stride in Mukand Limited’s commitment to environmental sustainability. By harnessing clean and renewable energy sources, this initiative is poised to substantially reduce its carbon footprint, contributing to a healthier and greener planet. Embracing the principles of responsible corporate citizenship, this agreement not only underscores Mukand’s dedication to meeting climate change commitments but also exemplifies the pivotal role the corporate sector plays in driving positive environmental change. The transformative impact of this endeavor extends beyond the organization, fostering a collective responsibility to create a more sustainable future for generations to come.