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Mittal Steel has new India CEO

Mittal Steel Company has announced the appointment of Dr. Sanak Mishra as chief executive officer of Mittal Steel's Greenfield project.

india Updated: Jan 14, 2006 19:30 IST
UK Bureau
UK Bureau

Mittal Steel Company has announced the appointment of Dr. Sanak Mishra as Chief Executive Officer of Mittal Steel's Greenfield project in Jharkhand, India. This signals the effective start of its operation in the state.

Dr. Mishra joins Mittal Steel from the Steel Authority of India Limited (SAIL) where most recently he was a Member of the Board of Directors and Managing Director of the Rourkela Steel Plant, a position he held from August 2002. A press release said Dr. Mishra " has over 30 years experience in the steel industry, originally joining SAIL, then Hindustan Steel Limited, in 1973 as a founder member of the R&D Centre for Iron and Steel."

In his new capacity as CEO of Mittal Steel's Jharkhand operations, Dr. Mishra's first task will be to oversee the Detailed Project Report (DPR) currently underway to identify the location of the steel plant, iron ore and coal mines and water sources for Mittal Steel's proposed Greenfield mining and steel making operation in Jharkhand.

The report is expected to be completed within the next two years, at which point construction of the steel facility is expected to begin, to take part in two stages of six million tonnes capacity each, taking an estimated 48 and 54 months respectively.

Commenting Dr. Mishra said: "I am delighted to be joining Mittal Steel, particularly in such an exciting and challenging capacity. The Group has proved that it is leading the way in driving change in the global steel industry and it is clearly one of the most dynamic companies to work for in the sector."

First Published: Jan 14, 2006 19:18 IST