Project on Bhilai Steel Plant

A REPORT

ON

WORKING OF FINANCE WITH REFERENCE TO CAPITAL BUDGETING

[pic]

BHILAI STEEL PLANT

ACKNOWLEDGEMENT

We express our sincere thanks & regards to Bhilai Steel Plant, for giving us the opportunity to study on the topic “Working of finance with reference to capital budgeting”. First and foremost we express our hearty thanks to our co-ordinator Mr. S.S.Kshatriya (Manager, Finance Expansion) for his guidance. We also express our sincere thanks to all the heads of concerned sections of finance department, Mr.G.V.Rao, Mr.N.Tamilarasan and Mr.A.Kashipati Rao for their kind cooperation in this project work. We are also thankful to all the staff of Bhilai Training Institute & HR department for their kind cooperation to complete this project work successfully.

......

CERTIFICATE

This is to certify that Muktesh Kanhe students of FORTUNE INSTITITE OF INTERNATIONAL BUSINESS, NEW DELHI has completed their field work report at BHILAI STEEL PLANT on the topic REPORT ON WORKING OF FINANCE WITH REFERENCE TO CAPITAL BUDGETING and has submitted the field work report in partial fulfillment the requirement of 2 Year Full Time Post Graduate Diploma in Management (PGDM) for academic year 2008-10. They have worked under our guidance and direction. The said report is based on bonafied information. I wish them best of luck for their future.

S.S.Kshatriya MANAGER (Finance Expansion) BHILAI STEEL PLANT

Index

1. INTRODUCTION………………………………………………………………… 6

2. STEEL AUTHORITY OF INDIA LIMITED (SAIL)…………………………... 8

3. BHILAI STEEL PLANT (BSP)…………………………………………………... 23

4. STATEMENT OF OBJECTIVE…………………………………………………. 32

5. FINANCE AND ACCOUNTS DEPARTMENT OF