Bhushan Steel

New Crisis for Bhushan Steel

License for Blast Furnace-1 expires today

Bhushan Steel, whose blast furnace-2 has been closed since the deadly accident in November is facing another challenge as the license of its Blast furnace-1 is expiring today and the Odisha Pollution Control Board (OPCB) has set several stringent norms for the renewal.

According to sources the license of the Blast furnance-1 is valid till today i.e.31st December and the Dhenkanal (Odisha) based company has already applied for the renewal of the license. But after the fire mishap in the blast furnance-2 in November OPCB does not want to take any chances in view of the security risks involves.

The current license has been given on the name of an ‘occupier’, Mr. Rahul Sengupta a general employee of the company who is responsible for any accidents. However, the OPCB wants the license to be issued in the name of the promoter of the company, director or the any stakeholder of the company, which the company is objecting.

The blast furnace-2 has been sealed by the authorities after the blast in November. If license of the Blast Furnace-1 is not renewed, company has to close down its only running blast furnace.

Bhushan Steel Ltd

Bhushan Steel

Bhushan Steel

Bhushan Steel Ltd, Denkanal

 


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