Burn Standard Company Limited (BSCL) is a Public Sector Undertaking (PSU) of the Government of India. Headquartered in Howrah , India, BSCL is engaged mainly in railway wagon manufacturing under the Ministry of Railways. On 4 April 2018, Cabinet approves closure of loss making Burn Standard Company Limited.[1] The company was formed with the merger of two companies – Burn & Company (founded 1781) and Indian Standard Wagon (founded 1918),[2] and was nationalised in 1975. In fiscal 2006, the company reported aggregated revenues of ₹1,373 million (US$17 million). Subsequently, the company with its two engineering units at Howrah and Burnpur came under the administrative control of Ministry of Railways in September 2010. The refractory unit at Salem, Tamil Nadu, was transferred to Steel Authority of India Limited.
Mr. Mohammad Asad Alam, Chairman & Managing Director
Products
rolling stock
Owner
Government of India
Website
www.burnstandard.com
Burn standard company Ltd
According to UK based newspaper Independent, in March 2008, John Messer, the lead in-house lawyer for US engineering group McDermott International, was still trying to get paid for a contract drawn up in the late 1980s to build a giant offshore platform for the Mumbai High oil field. In October 2006, Burn Standard, the Indian engineering company that sub-contracted work on the project to McDermott, lost its appeal against a court ruling instructing it to pay the US group $90m (£45m). The amount due has already been paid after finalization of the arbitration and initiative taken by the Government of India.[3][4]
Bridge Girders, Structurals, Sleepers, Points and Crossings, Wagon Components
Wagon refurbishment
Burn Standard India renovated SLC Type for the CLC system in Kolkata in 1980s.
Ash/coal plant construction
In the mid-1980s, Burn Standard had started an offshore construction unit at Jellingham, East Midnapore, West Bengal. The products were decks, helidecks, and jackets for Bombay High.
Liquidation
On the 4th of April 2018, the Government of India approved the liquidation of Burn Standard Company.[5]
References
^"Cabinet approves closure of loss making Burn Standard Company Limited - a Central Public Sector Enterprise (CPSE)". pib.nic.in.
^. Archived from the original on 8 October 2013. Retrieved 22 October 2013.
^"'It's viewed as a game': Western groups recoil at India's culture of". The Independent. 30 March 2008.
^"Cabinet approves closure of loss-making Burn Standard Company Ltd". Business Standard India. Press Trust of India. 4 April 2018 – via Business Standard.
burn, standard, company, limited, bscl, public, sector, undertaking, government, india, headquartered, howrah, india, bscl, engaged, mainly, railway, wagon, manufacturing, under, ministry, railways, april, 2018, cabinet, approves, closure, loss, making, compan. Burn Standard Company Limited BSCL is a Public Sector Undertaking PSU of the Government of India Headquartered in Howrah India BSCL is engaged mainly in railway wagon manufacturing under the Ministry of Railways On 4 April 2018 Cabinet approves closure of loss making Burn Standard Company Limited 1 The company was formed with the merger of two companies Burn amp Company founded 1781 and Indian Standard Wagon founded 1918 2 and was nationalised in 1975 In fiscal 2006 the company reported aggregated revenues of 1 373 million US 17 million Subsequently the company with its two engineering units at Howrah and Burnpur came under the administrative control of Ministry of Railways in September 2010 The refractory unit at Salem Tamil Nadu was transferred to Steel Authority of India Limited Burn Standard Company LimitedTypePublic Sector UndertakingIndustrytransportationFounded1976 47 years ago 1976 HeadquartersHowrah IndiaArea servedIndiaKey peopleMr Mohammad Asad Alam Chairman amp Managing DirectorProductsrolling stockOwnerGovernment of IndiaWebsitewww wbr burnstandard wbr comBurn standard company Ltd According to UK based newspaper Independent in March 2008 John Messer the lead in house lawyer for US engineering group McDermott International was still trying to get paid for a contract drawn up in the late 1980s to build a giant offshore platform for the Mumbai High oil field In October 2006 Burn Standard the Indian engineering company that sub contracted work on the project to McDermott lost its appeal against a court ruling instructing it to pay the US group 90m 45m The amount due has already been paid after finalization of the arbitration and initiative taken by the Government of India 3 4 Contents 1 Products and services 2 Liquidation 3 References 4 External linksProducts and services EditRailway wagons tanker hopper flat Casnub bogies Couplers and Draft Gears Steel Castings Pressings Forgings Bridge Girders Structurals Sleepers Points and Crossings Wagon Components Wagon refurbishment Burn Standard India renovated SLC Type for the CLC system in Kolkata in 1980s Ash coal plant construction In the mid 1980s Burn Standard had started an offshore construction unit at Jellingham East Midnapore West Bengal The products were decks helidecks and jackets for Bombay High Liquidation EditOn the 4th of April 2018 the Government of India approved the liquidation of Burn Standard Company 5 References Edit Cabinet approves closure of loss making Burn Standard Company Limited a Central Public Sector Enterprise CPSE pib nic in Railway Wagons Tank Wagons Steel Structural Castings Coal Ash Plants India Kolkata Calcutta Burn Standard Manufacturers Exporters Archived from the original on 8 October 2013 Retrieved 22 October 2013 Financial Statement Archived 16 July 2011 at the Wayback Machine It s viewed as a game Western groups recoil at India s culture of The Independent 30 March 2008 Cabinet approves closure of loss making Burn Standard Company Ltd Business Standard India Press Trust of India 4 April 2018 via Business Standard External links Edithttp www burnstandard com Official Website This article about an Indian company is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title Burn Standard Company Limited amp oldid 1129643658, wikipedia, wiki, book, books, library,
