Rathi Steel and Power Ltd's Steel Melting Unit Designated as Pioneer Unit

Rathi Steel and Power Limited's steel melting unit located in Ghaziabad has received prestigious recognition as a Pioneer Unit under "The Industrial and Service Sector Investment Policy 2004" of the Government of Uttar Pradesh. This designation highlights the unit's contribution to industrial development in the region.
As a result of this recognition, Rathi Steel and Power Limited has successfully secured a refund amounting to Rs.. 4,71,47,847.12 (Rupees Four Crore Seventy-One Lac Forty-Seven Thousand Eight Hundred Forty-Seven and Paisa Twelve only) from the Government of Uttar Pradesh. This refund pertains to their claim for Electricity Duty Exemption, further incentivizing their operational efficiency and growth within the state.
The declaration as a Pioneer Unit underscores Rathi Steel and Power Limited's commitment to industrial excellence and their significant role in bolstering the industrial landscape of Uttar Pradesh. It positions them strategically for continued success and expansion in the steel manufacturing sector.
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