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Tata Steel gifts “Jubilee Park” to the citizens of Chaibasa

Noamundi, October 29, 2018

~Chaibasa Jubilee Park inaugurated by Hon’ble Chief Minister of Jharkhand Mr Raghubar Das~

Committed towards community development, the Tata Steel built “Jubilee Park” at Chaibasa was inaugurated today by Hon’ble Chief Minister of Jharkhand Mr. Raghubar Das, who graced the occasion as Chief Guest along with Mr. Sunil Bhaskaran, Vice President (Corporate Services), Tata Steel.

Built at a cost of Rs 10 crore, Tata Steel along with KRG Rainwater Foundation, Chennai has revamped the lake to give it a new face. The project involves beautification and resurrection of the lake by arresting and diverting the various sources of contamination.

Speaking on the occasion, the Hon`ble Chief Minister said: “Tata Steel has rich legacy in community development in its areas of operation and taking forward this legacy Tata Steel has developed this Jubilee Park to the people of Chaibasa.”

Mr Bhaskaran on similar lines added: “We are very happy that the synergy between the government and Tata Steel has worked out well. Tata Steel has always focused on responsible business practices with community-centric interventions. This is one such initiative which will help in improving the quality of life of people around.”

The lake inside the park also acts as major source of recharge for the surrounding water extraction structures. KRG Rainwater Foundation, Chennai, a reputed expert organization working on water harvesting projects was entrusted to carry out a feasibility study for this project and they have submitted their report with feasible solutions.

Jubilee Park (popularly known as Jayanti Sarovar) is a popular tourist destination, located near District High Court at Chaibasa. The arena has a boundary wall of 1.2 KM having a pathway of 1.3 KM which is illuminated by LED’s throughout at night. The project entailed diversion of grey water from lake to sewage canal by laying underground pipeline with pits around the lake, installation of transformer for power supply and fountains. The western side of the lake has colourful pathways with toe guards, viewpoints, sitting places, tree guards, gents & ladies toilets, security room cum ticket counter, cross over pathways to cafeteria, drinking water trough, children playing equipment and exercise equipment. There are in total four bathing ghats for ladies, gents, community rituals and for immersion purpose. The special dedicated Children’s corner inside the park is an added attraction for children.

The programme was well attended by the community at large. Present on the occasion were, Mr Vijoy Kumar Singh, Commissioner, Kolhan Region, Mr Arava Rajkamal, IAS, DC, West Singhbhum, Mr Laxman Giluwa, MP, Chaibasa, West Singhbhum, Mr G Kranthi Kumar, SP, Chaibasa, Mr Deepak Birua, MP,  Chaibasa, West Singhbhum, Mr Manish Mishra, General Manager, Ore Mines & Quarries Division, Tata Steel, Mr Shailesh Kumar Verma, CRE, Tata Steel, Ranchi, Mr Kulvin Suri, Chief, Corporate Communications, India and South East Asia, Tata Steel and Mr Sourav Roy, Chief, Corporate Social Responsibility (CSR), Tata Steel along with government dignitaries and senior Tata Steel officials.

About Tata Steel

Tata Steel Group is among the top global steel companies with an annual crude steel capacity of 27 million tonnes per annum (MTPA) as on March 31, 2018. It is the world's second-most geographically-diversified steel producer, with operations in 26 countries and a commercial presence in over 50 countries. The Group recorded a consolidated turnover of US $20.41 billion (INR 133,016 crore) in FY18. Tata Steel Group is spread across five continents with an employee base of nearly 74,000. Tata Steel retained Industry Leader position in FY18 and ranked second overall in the DJSI assessment, 2017. The Company has been recognised as the Climate Disclosure Leader in ‘Steel category’ by CDP (2017). Besides being a member of the World Steel Climate Action Programme, Tata Steel was felicitated with several awards including the Prime Minister’s Trophy for the best performing integrated steel plant for 2014-15 and 2015-16, Best Risk Management by CNBC TV18 (2018) and ‘Corporate Strategy Award’ by Mint (2018). The Company also received the ‘Most Ethical Company’ award from Ethisphere Institute for the sixth time (2018), Steel Sustainability Champions (2017) by the World Steel Association, Dun & Bradstreet Corporate Awards (2017 & 2018), Golden Peacock HR Excellence Award by Institute of Directors (2017) as well as 'Asia's Best Integrated Report' award by the Asia Sustainability Reporting Awards (2017), among several others.

Statements in this press release describing the Company’s performance may be “forward looking statements” within the meaning of applicable securities laws and regulations. Actual results may differ materially from those directly or indirectly expressed, inferred or implied. Important factors that could make a difference to the Company’s operations include, among others, economic conditions affecting demand/ supply and price conditions in the domestic and overseas markets in which the Company operates, changes in or due to the environment, Government regulations, laws, statutes, judicial pronouncements and/ or other incidental factors.