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CMD Desk

    Shri Atul Bhatt, CMD, MECON



    Dear Children, members of our MECON family, the vibrant Army band & platoons of schools, ladies and gentlemen…Very Good Morning to all of you!!!

    It is indeed a privilege to welcome you all for the celebration of our country’s 71st Independence Day. This day is an opportunity to reflect and recall the valor and vision of the patriots, martyrs and freedom fighters, whose unwavering resolve, tenacity and courage gave birth to an Independent India. We gather here today to recall this shared history and honor the enduring spirit of India on this day.

    Being a front-runner in serving the nation, MECON has been contributing to the Industrial growth of the country, primarily in the Metal sector. It is a matter of great pride for all MECONians that we have started making our strong presence felt in Energy, Infrastructure, Defense and Space  sectors as well.

    The last few years, in retrospect, have been extremely challenging for the company due to adverse changes in business environment.  Though we all know that our company is still going through a financial turmoil, I am glad to inform you all that  things have started looking up.

    In order to give you a coherent picture of our efforts and results achieved, I would like to share few figures with you.

    • FY 2016-17 saw a Record Order Booking of over `1400 Crores, of which more than `1300 Crores was booked in the 2nd half of the year alone.
    • Our turnover of  `81 Crores  during last quarter is a quantum jump of more than double the corresponding figure last year.  Similarly, our Income  of  `94 Crores  is nearly double the corresponding figure last year.
    • Liquidation of major Outstandings (over `30 Crores) and resolution of old issues lead to improvement in collection and turnover by over `60 Crores in 2016-17. And in the current FY, during July 2017, we received a Collection of `60.65 Crores which is the highest monthly collection received during any month in recent past.
    • In comparison to our loss of `162 Crores in 2015-16, the loss of `83 Crores in 2016-17 was a reduction of almost 50%.

    So, I can very well say that while I am proud of our heritage, I am also proud of our untiring efforts to steer our company out from difficult waters. We need to keep up this spirit, as we have very challenging MoU Targets for this FY, the most challenging being posting a  ‘No Loss’ this year.

    Being a PSU, MECON has shouldered various responsibilities entrusted by Ministry of Steel, Govt. of India in the form of assignments of National importance, such as:

    • The National Steel Policy, wherein MECON provided inputs for its preparation. This policy aims at steering the industry to achieve its full potential, enhance steel production with focus on high end value added steel, while being globally competitive.
    • With GoI’s thrust on Increasing Steel Demand, MECON is contributing in implementation of Domestically Manufactured Iron and Steel Policy (DMI&SP), providing preference to ‘Make in India’ over imported Iron & Steel.
    • MECON was entrusted by MoS for coordination of the activities of CPSEs under MoS in the world’s largest digital nation building initiative -  Smart India Hackathon 2017 - a 36 hours non-stop digital programming competition for students of Technical Institutions, to provide sustainable innovative solutions to real time challenges/ problems faced by the industries. The mega event was successfully organised by MECON from 1st to 2nd April 2017 at Indore, where 56 teams from engineering colleges across India participated. Ministry of Steel  lauded MECON for organizing, coordinating and smooth implementation of the event.
    • MECON is privileged to be associated with GAIL, as Engineering Consultant, in implementation of Urja Ganga, the highly ambitious project of our Prime Minister. This gas pipeline project aims to provide piped cooking (PNG) gas to residents of the eastern region of the country and CNG gas for the vehicles as well as industries.

    I have been receiving encouraging reports of our organization’s adherence to increased office timings & implementation of Biometric Attendance system. I would like to convey my heartiest wishes to all MECONians for adopting the new system and making these endeavors successful.

    I am also impressed with the whole hearted support of everyone involved in our transition to GST Regime and I congratulate the entire team involved in this huge shift. In continuation to our contribution to Digital India, we have geared up to declare our township as a ‘Cashless township’.

    This celebration of Independence Day reminds me that the freedom we enjoy today has not come without tremendous cost and that eternal vigilance is the price of Independence. So, on this auspicious occasion, I would like to make an appeal to all MECONians, to become more vigilant about any mala fide, provoked or reckless performance of duties and set a benchmark of Ethical working culture for other PSUs to follow.

    The whole nation has got aligned with the Swachch Bharat Abhiyaan launched by our Hon’ble PM. And though MECON has been working on expansion of this noble mission through its CSR activities, even before announcement of this Nationwide campaign, I would like to request for support from all of you to increase our contribution in this movement, by making our office campus and residential area cleaner, greener and hygienic, to brainstorm about the best possible usage of Solid Waste and create an eco-friendly system with our continual effort.

    Our Hon’ble PM has called upon the nation to celebrate 15th August 2017 as the ‘Sankalp Parva or the Day of Resolve’ and he has also urged to ensure that the coming five years from 2017 to 2022, play a decisive role for our future. This is because five years from now, we will celebrate 75 years of India's Independence. So, in line with PM’s vision, let us all take a pledge, a ‘Sankalp’, to take our organization to greater heights by conquering the frontiers of engineering and technological excellence.

    Team MECON has demonstrated time and again to the world that we have the potential –

    • By building ISRO’s 2nd Launch Pad in a regime of technological denial.
    • By developing indigenous technologies like mini blast furnace which can match and surpass the best in the world.

    Let me thank each one of you, for being a part of this amazing organization.

    With these words, I once again salute our freedom fighters, armed forces, security personnel and pay my sincere homage to the martyrs, whose supreme sacrifices have given us the right to live freely in an Independent Nation. Let me end my address with the patriotic lines of  राष्ट्रकवि मैथिलीशरण गुप्त

     जो भरा नहीं है भावों से जिसमें बहती रसधार नहीं
    वह हृदय नहीं है पत्थर है जिसमें स्वदेश का प्यार नहीं।

    JAI HIND!!!