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SAIL to reduce its workforce to between 5,000 and 6,000 employees; HR Katha 

SAIL to reduce its workforce

Steel Authority of India (SAIL) has directed its Rourkela Steel Plant (RSP) to develop a five-year strategic workforce roadmap (SWR) for the period for 2025-26. The initiative is part of SAIL’s effort.to become lean, and achieve more cost efficiency in the competitive steel sector.

The plan will see RSP attempting to cut the workforce strength and reduce it 5,000 to 6,000 employees. The plant currently employs 11,800 people, including around 9,350 non-executives, 1,700 executive.and 780 mine employees.About 12,000 people work on contract.

SAIL has about 53,575 regular employees and 61,000 contract workers company-wide.

The India Energy Week has provided an exciting opportunity for us to engage in dialogues aimed at advancing India’s green energy financing during the  IEW2025, Sh. Saurabh Rastogi, ED (Renewables), REC Ltd., along with industry collaborators including Sh. Shantanu Shrivastava, Research Lead, Sustainable Finance & Climate Risk, Institute for Analysis, Smt. Charu Kaistha, CGM, PFC Ltd., Sh. Arun Mahesh Babu, IAS, MD, GPCL, Sh. Gagan Siddhu, Director, CEEW, and Sh. Sudhir Kumar Singh, Technical Officer to Secretary Energy, UPCL, participated in an engaging panel discussion on Green Financing: Driving Investments for a Sustainable Tomorrow.

Sh. Rastogi delivered insights into India’s current renewable energy landscape.

He underscored the Government of India’s strategic efforts to accelerate the growth of renewable energy in the country.

Additionally, Sh. Rastogi emphasized the urgent need for a significant and rapid increase in green financing. He also outlined REC’s strategic roadmap for expanding its green loan portfolio in the coming years.

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