Tata Steel inks MoU with Loyola Educational Society for setting up Loyola School at Kalinganagar
Tata Steel has been making sustained endevour to contribute positively to the quality of life in and around its operational locations. As part of the endevour, to facilitate quality education for the students of Kalinganagar area in Jajpur district, Tata Steel today signed a Memorandum of Understanding (MoU) with Loyola Educational Society (LES) for setting up a School at Kalinganagar.
Mr Sunil Bhaskaran, Vice President (Corporate Services), Tata Steel and Fr. Gilbert Menezes, Secretary, Loyola Educational Society (LES) signed the agreement in a ceremony organized at the General Office premises of the Kalinganagar Project of Tata Steel.
Mr Sudhansu Pathak, Vice President, Steel Manufacturing, Tata Steel, Mr Prasanta Mallick, GM (Corporate Services), Kalinganagar Project and other senior officials of Tata Steel were present on the occasion.
Mr Sunil Bhaskaran, Vice President, Corporate Services, Tata Steel expressed his thoughts on this milestone by saying that, "I am glad that with this initiative of Tata Steel, the entire region of Kalinganagar for the first time will have access to high quality school education in its vicinity, that too by the highly acclaimed Loyola Educational Society."
Fr. Gilbert Menezes, Secretary, LES said, " I am happy that the co-operation and partnership with Tata Steel which began in 1948 with the establishment of Loyola School at Jamshedpur has further strengthened today with the signing of this agreement for the establishment of Loyola School at Kalinganagar."
Tata Steel would spend about Rs 25.5 crore for the infrastructure development of the School. The School would be spread over 9.96 acres of land and would have instruction facility from Nursery to Standard-X in a phased manner. The school campus located near Gobarghati, would consist of academic and sports facilities for students.
The Academic facilities comprise 24 class rooms, 5 laboratories and a Library among others. Tata Steel would provide the initial infrastructure with requisite facilities.
About Tata Steel
Established in 1907 as Asia's first integrated private sector steel company, Tata Steel Group is among the top global steel companies with an annual crude steel capacity of nearly 30 million tonnes per annum (MnTPA). It is now the world's second-most geographically-diversified steel producer, with operations in 26 countries and a commercial presence in over 50 countries. The Tata Steel Group, with a turnover of US$ 22.32 billion in FY 15, has over 80,000 employees across five continents and is a Fortune 500 company. The Group's vision is to be the world's steel industry benchmark in "Value Creation" and "Corporate Citizenship" through the excellence of its people, its innovative approach and overall conduct. Underpinning this vision is a performance culture committed to aspiration targets, safety and social responsibility, continuous improvement, openness and transparency. In 2008, Tata Steel India became the first integrated steel plant in the world, outside Japan, to be awarded the Deming Application Prize 2008 for excellence in Total Quality Management. In 2012, Tata Steel became the first integrated steel company in the world, outside Japan, to win the Deming Grand Prize 2012 instituted by the Japanese Union of Scientists and Engineers.