The Appointments Committee of the Cabinet (ACC) chaired by Prime Minister Narendra Modi has appointed Anil Kumar Chaudhary as new Chairman of Steel Authority of India Ltd. He will in office till his superannuation in December, 2020. He will succeed P K Singh, who had retired from the post in June 2018. Prior to this appointment, he was serving as Director (Finance) at SAIL.
Steel Authority of India Limited (SAIL) :
SAIL is one of the largest state-owned steel in India and one of the top steel makers in world. It is India’s largest steel making company (annual production capacity of 14.38 million metric tons) and 24th largest steel producer in the world. It was founded in 1954 and incorporated in 1973. Its headquarters are in New Delhi. It operates and owns five integrated steel plants at Bhilai, Durgapur, Rourkela, Bokaro and Burnpur and 3 special steel plants at Salem, Durgapur and Bhadravathi.