July 31, 2007
25th Anniversary of TSIL
Tata Sponge Iron Limited is celebrating its 25th anniversary on 31st July 2007. The company was incorporated exactly 25 years ago on 31st July 1982 with the name of IPITATA Sponge Iron Limited. Subsequently, the name was changed to Tata Sponge Iron Limited. It started commercial production from Kiln # 1 on 1st April 1986. Later it added two more kilns and two power plants. Today, the total installed capacity of Sponge Iron is 3,90,000 tonnes per annum from the three kilns and that of power generation is 26 MW from the two power plants. The company has continuously been paying dividend since 1993-94.
The Company management takes this opportunity to sincerely thank all its stakeholders, namely, shareholders, customers, suppliers / contractors, employees, government agencies, local authorities, and the immediate society for their unstinted support and co-operation right from the inception of the company and throughout its journey over 25 years.