Union Heavy Industries minister Vilasrao Deshmukh on Tuesday handed over the documents of Navaratna status conferred on Rashtriya Ispat Nigam Limited (RINL), the corporate entity of Visakhapatnam Steel Plant (VSP), to chairman and Managing Director of RINL P K Bishnoi at a program in the capital.
Addressing the gathering, Bishnoi said the performance of VSP made it eligible to get the status of a Navaratna company.
Bishnoi recalled the efforts of steel plant employees in getting the Navaratna status for the company, and thanked them for their company's prosperous growth.
Earlier, the Union Ministry has conferred Mini Ratna status to VSP in 2006.